"Jayu CC Rises Again"... Membership Prices Climb Ahead of Spring Season

Free CC, 26.8%↑ Compared to Last Week in Jeonju... 280 Million KRW
New Seoul, Individual and Corporate Buying Demand... 6.3%↑ Compared to Last Week

The golf membership market is stirring ahead of the full-fledged golf season. With active buying momentum, the upward trend is expected to continue for the time being.

According to the Donga Membership Exchange on the 11th, the average price of 100 major memberships nationwide rose 0.65% from the previous week to 224.6 million KRW. By price range, the ultra-high price segment increased by 0.38%, the high price segment by 1.27%, the mid-price segment by 0.63%, and the low price segment by 0.55%.

The golf membership market is influenced by active buying ahead of the spring season. As prices rise, sellers are withdrawing listings, resulting in an overall shortage of supply. Although the increase is limited, the market is maintaining a generally firm and steady trend.

By region, the average price in the central region rose 0.74% from the previous week to 254.68 million KRW. The 88 course recorded 248 million KRW, up 8.5% from the previous week, with accumulated buy orders and additional inquiries for purchases. New Seoul also saw continued buying from individuals and corporations, rising 6.3% from the previous week to 315 million KRW. Hanseong is trading at 86 million KRW, up 5.8% from the previous week after transactions of low-priced listings. Notably, Jayu saw the largest increase, trading at 280 million KRW, up 26.8% from the previous week, likely surpassing its previous high transaction price.

Park Cheon-ju, team leader at Donga Membership Exchange, analyzed, "With an increasing number of rising items in the central region membership market, it is expected to continue a firm and steady trend."

The southern region membership prices are also showing a firm and steady trend amid an overall increase in buy orders. The average price in the southern region rose 0.3% from the previous week to 146.76 million KRW. Yongwon recorded 82 million KRW, up 3.7% from the previous week, as increased buy orders pushed up asking prices.

Changwon is trading at 135 million KRW, up 3.7% from the previous week, as buying momentum increased amid a fierce battle between sellers and buyers. On the other hand, A-One has listings appearing, but with cautious buying sentiment accumulating only low-priced purchases, it is trading at 315 million KRW, down 1.6% from the previous week.