Golf Membership Market "Buyers in Wait-and-See Mode"
Ultra-high price range rises in Taiwan, all other price ranges fall
Average market price 249.93 million KRW... 0.11%↓ from last week
The golf membership market is showing a strong tendency for buyers to hold back amid economic uncertainty.
According to the Donga Membership Exchange on the 28th, the average price of 100 major memberships traded nationwide was 249.93 million KRW, down 0.11% compared to last week. By price range, only the ultra-high price segment rose by 0.22%, while the high price segment fell by 0.42%, the mid-price segment by 0.16%, and the low price segment by 0.51%. The Donga Membership Exchange stated, "Selling pressure is also passive. Trading volume is not increasing," and predicted, "While inquiries for buying at the winter low point are increasing, an overall slight downward trend is expected."
The average price in the central region is 283.58 million KRW, slightly down 0.02% compared to last week. Giheung saw only low-point buying confirmed, dropping 1.92%, and Incheon International also fell 1.66% as selling inquiries increased. Ultra-high price items showed a rising trend without transactions, only checking asking prices. Nambu rose 0.88%, Namchon 0.49%, and Vision Hills 1.08%. Team leader Park Cheon-ju forecasted, "The central region membership market is generally in a buyer’s wait-and-see stance. It will show a slightly weak downward trend."
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The average price in the southern region was 162.84 million KRW, down 0.49% from last week. Gyeongju Shilla fell 0.02% as the gap between selling and buying prices widened. Bora dropped 1.47%, Busan 0.80%, Changwon 1.39%, and Daegu 2.10%. Seonsan and Pami Hills fell 2.86% and 1.55%, respectively, as buying prices decreased. Team leader Lee Yoon-hee analyzed, "Inquiries about the timing of transactions are increasing in the southern region membership market. The slightly weak downward trend will continue."
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