Golf Membership Market Sees Increase in 'Low-Price Purchase Inquiries'

Cumulative Listings, Intense Competitive Market
Average Price 249.19 Million KRW... 0.19%↓ Compared to Jeonju

The golf membership market continues to see inquiries for winter bottom buying, but large bid-ask spreads make transactions difficult.

According to the Donga Membership Trading Center on the 18th, the average price of 100 major memberships traded nationwide was 249.19 million KRW, down 0.19% compared to last week. By price range, the ultra-high price segment fell 0.07%, high price segment 0.17%, mid-price segment 0.32%, and low price segment 0.33%. The Donga Membership Trading Center analyzed, "Due to insufficient trading volume, some items are accumulating inventory," adding, "In the low trading volume environment, a tense standoff between selling pressure and bottom buying inquiries is expected."

The average price in the central region is 282.67 million KRW, down 0.12% compared to last week. In South Seoul, buying bids dropped significantly by 2.44%. Prices fell by 0.64% for Asiana, 3.17% for Anseong, 0.58% for Shinwon, 2.38% for Newspringville, 1.59% for Jayu, and 1.08% for Geumgang. Team leader Park Cheon-ju stated, "The central region membership market showed mostly stable or declining prices without any rising items," and predicted, "Although bottom buying inquiries continue, the large gap between selling and buying bids will lead to a standoff."

The average price in the southern region was 162.53 million KRW, down 0.52% from last week. Gaya fell 1.14% without transactions as selling bids remained high while only bottom buying was waiting. Busan dropped 1.35%, Gyeongju Shilla 1.41%, A-One 1.35%, and Pamihills declined sharply by 2.67%. Team leader Lee Yoon-hee forecasted, "In the southern region membership market, the bid-ask spread between sellers and buyers is significantly widening. A mildly weak market is expected to continue for some time."

This content was produced with the assistance of AI translation services.