Golf Membership Market, Clear Differentiation Trend

Tug-of-War in Market Sentiment and Low Trading Volume Suggest Box Range for Now
Average Price 257.56 Million KRW... 0.09%↑ from Last Week

The golf membership market showed differentiated trends by category.

According to the Donga Membership Trading Center on the 23rd, the average price of 100 major memberships traded nationwide is 257.56 million KRW. This is a slight increase of 0.09% compared to last week. By price range, the ultra-high price, high price, and mid-price categories rose by 0.07%, while the low price category increased by 0.06%. The Donga Membership Trading Center stated, "Although inquiries for transactions continue, the volume of trades is somewhat lacking due to cautious competition," and analyzed that "for the time being, the market will show a box range trend without significant price changes."

The average price in the central region is 291.81 million KRW, up 0.05% compared to last week. The central region rose 1.29% due to accumulated buy orders and a shortage of listings. In the Gangbuk area, Seoul saw a 0.84% increase due to fewer listings, and Hanyang also jumped 0.98% as only high-priced listings were confirmed. Yeoju-Jusik experienced an active influx of buying demand, jumping 1.69%. Woongjeong Hills rose 0.99% due to accumulated buy orders, and Yuseong also increased significantly by 2.04% as asking prices rose. On the other hand, popular items in the Yongin area slightly declined amid cautious buying. Namseoul fell 0.98%, Giheung 1.03%, Plaza Yongin 1.43%, and Ipo dropped 2.82%. Team Leader Park Cheon-ju predicted, "The central region membership market is showing clear differentiated trends by category. A stable trend is expected to continue."

The average price in the southern region is 168.91 million KRW, up 0.26% compared to last week. Yongwon and Bugok saw intense competition between sellers and buyers, with steady buying demand flowing in. They rose 1.12% and 1.43%, respectively. Dongnae Benest also jumped 2.70% as additional purchases were added amid accumulated buy orders. Asiad and Bayside are in situations where finding listings is not easy, rising 1.96% and 3.23%, respectively. Team Leader Lee Yoon-hee forecasted, "In the southern region membership market, popular golf courses are experiencing a shortage of listings. Waiting times for buyers are lengthening, and a strong stable market is expected for some time."