Golf Membership Market, Trading Wait-and-See Trend with Differentiation by Category
Decrease in Sales Inquiries, Lack of Trading Volume, Decline in Low Price Range
Average Market Price 256.66 Million KRW... 0.54%↑ Compared to Last Week
The golf membership market is experiencing a shortage of transactions as active buying and selling inquiries decrease.
According to Dong-A Membership Trading Center on the 8th, the average price of 100 major memberships traded nationwide was 256.66 million KRW. This is a 0.54% increase compared to last week. By price range, the ultra-high price segment rose by 0.04%, the high price segment by 0.27%, and the mid-price segment by 0.14%. The low price segment fell by 0.06%. Dong-A Membership Trading Center analyzed, "As early summer begins, reservations at most golf courses nationwide have become somewhat easier compared to previous years," adding, "Overall prices slightly increased due to the rise in some popular items. Due to a shortage of listings and cautious buying, a differentiated market trend by item is expected to deepen."
The average price in the central region was 290.77 million KRW, a slight increase of 0.12% compared to last week. The 88 membership jumped 0.32% with additional buying inquiries, but Giheung fell 0.35% due to new listings. New Seoul also dropped 0.51% as buying offers decreased. Taekwang rose 0.57% without transactions amid cautious trading. Hanseong also rose 1.03% as individual buying steadily increased. Jisan increased by 1.04%, Songchu by 0.64%, and Hanyang by 1.77%. Team leader Park Cheon-ju stated, "The central region membership market still shows a lack of transaction volume. It is expected to maintain a stable trend with cautious trading in the early summer weather."
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The average price in the southern region was 168.04 million KRW, up 0.21% from last week. Low-priced memberships are steadily traded, maintaining a stable trend. Bora's corporate buying orders have accumulated, raising the asking price by 1.43%. Opel fell 2.63% as buying interest turned cautious. De Vici is experiencing a shortage as it is difficult to find listings. Team leader Lee Yun-hee forecasted, "The southern region membership market will continue a slightly weak stable market for some time."
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