Golf Membership Market, Decline in Transaction Volume
Shortage of Listings, Buyers in Wait-and-See Mode, Stable Market Trend Expected
Average Price 256.32 Million KRW... 0.54%↓ Compared to Last Week
The golf membership market saw a decrease in transaction volume due to an overall shortage of listings and a decline in purchase inquiries.
According to Dong-A Membership Trading Center on the 1st, the average market price of 100 major memberships traded nationwide is 256.32 million KRW. This is a 0.54% decrease compared to last week's 257.65 million KRW. By price range, the ultra-high price segment fell by 0.34%. The high price segment dropped by 0.32%, while the mid-price segment rose by 0.02%. The low price segment showed no change. Dong-A Membership Trading Center analyzed, "The cautious buying trend is expected to continue. The appearance of listings is also limited. The market will likely maintain a stable trend for the time being."
The average market price in the central region is 290.43 million KRW, down 0.66% compared to last week. In Namseoul, only low-price purchases were confirmed, resulting in a 0.35% decline, and in New Seoul, selling inquiries increased after high-price transactions, causing a 0.51% drop. On the other hand, 88 rose by 0.32% amid intense negotiation between sellers and buyers. Eunhwa Sam also surged by 2.70% as buying demand flowed in amid limited listings. Among the ultra-high price items, Namchon fell by 2.56% and Jayudo by 1.82%. In the Gangbuk area, Songchu rose by 0.64% as the gap between selling and buying offers widened. Team Leader Park Cheon-ju predicted, "The central region membership market will continue a stable trend amid limited transaction volume."
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The average market price in the southern region remained unchanged at 168.04 million KRW compared to last week. Low-price memberships are maintaining a balance between selling and buying, continuing transactions. Bayside rose by 1.56% as accumulated purchase orders were resolved amid limited listings. Popular items Bora and Jeongsan are seeing prolonged corporate purchase waiting. It has been difficult to find listings for some time, showing a shortage phenomenon. Team Leader Lee Yun-hee forecasted, "The southern region membership market showed little change last week. It will continue a stable market."
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