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Golf Membership Market 'Buying Trend in Popular Categories'

Price Range Increase, Accessible Stocks' Bid Prices Rise
Average Market Price 252.89 Million KRW... 0.26% Up from Last Week

The golf membership market showed a slight upward trend centered on popular categories.


Golf Membership Market 'Buying Trend in Popular Categories'

According to the Donga Membership Exchange on the 27th, the average price of 100 major memberships traded nationwide is 252.89 million KRW. This is a 0.26% increase compared to last week. By price range, the ultra-high price range rose 0.24%, high price range 0.33%, mid price range 0.46%, and low price range 0.25%. The Donga Membership Exchange stated, "Some categories with good accessibility are expected to see selling prices rise due to additional chasing buying orders," and predicted, "The strong steady upward trend will continue for the time being due to buying orders preparing for the spring season."


The average price in the central region rose 0.25% from last week to 287.09 million KRW. 88 jumped 0.69% due to additional individual and corporate buying orders. Giheung rose 0.37%, New Seoul 0.54%, and Shinwon increased by 1.16%. Ultra-high price range categories also showed an upward trend as corporate buying inquiries continued. East Valley rose 0.95%, and Vision Hills increased by 0.51%. On the other hand, Blue One Yongin fell 3.51% despite additional low-price buying inquiries due to increased supply. Team leader Park Cheon-ju forecasted, "The central region membership market continues to receive buying inquiries and will maintain a strong steady upward trend."


The average price in the southern region is 164.37 million KRW, up 0.30% from last week. Yongwon and Bugok rose 1.18% and 1.52%, respectively, due to additional buying. Ulsan increased 2.22%, Dongnae Benest 1.16%, Busan 1.39%, and Bayside rose 3.33%. Changwon and Haeundae also jumped 1.16% and 1.79%, respectively, due to strong buying inflows. Team leader Lee Yun-hee predicted, "The southern region membership market is seeing increased trading inquiries and will continue a strong steady upward trend for the time being."


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