Golf Membership Market, Decline in Trading Volume
Stable Market, Sellers and Buyers in Wait-and-See Mode
Average Price 256.76 Million KRW...0.04% Increase from Last Week
The golf membership market is in a calm mood.
According to Dong-A Membership Trading Center on the 15th, the average price of 100 major memberships traded nationwide is 256.76 million KRW. It rose slightly by 0.04% compared to last week. By price range, only the ultra-high price range fell by 0.04%. The high price range increased by 0.09%, and the mid-price range rose by 0.17%. The low price range showed no change. Dong-A Membership Trading Center stated, "The golf membership market continues to be stable. A wait-and-see stance persists between sellers and buyers," adding, "Rather than continuing to wait, we recommend seizing the buying opportunity before the autumn season."
The average price in the central region rose 0.02% from last week to 290.84 million KRW. 88 increased by 0.63% amid buying demand. Lakewood is facing a shortage of listings, jumping 1.16%. Asiana rose 0.63%, Sky Valley 2.50%, Solmoro 1.03%, Hanyang 0.83%, and Songchu increased by 1.27%. On the other hand, Seo Seoul fell 1.10% as listings accumulated. Deputy General Manager Moon Jong-seong forecasted, "The differentiated market trend in the central region's membership market will continue in June. The battle of wits between sellers and buyers will be intense."
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The average price in the southern region is 168.57 million KRW, up 0.10% compared to last week. Dongbusan rose 0.69% due to active buying inflows and increased transaction volume. Seonsan increased 0.93% as only buy orders accumulated. However, Tongdo fell 1.17% following news of green fee hikes. Yongwon dropped 1.14%, Mauna Ocean 4.00%, and Dongnae Benest fell 0.64%. Team Leader Lee Yun-hee predicted, "The southern region membership market will show a differentiated trend amid a stable market."
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