Membership Market 'Steady Sales Inquiries'

Trading Volume Stagnates, Overall Market Prices Slightly Decline
Average Price 257.93 Million KRW...0.02%↓ Compared to Last Week

The golf membership market saw a slight overall decline in prices.

According to Dong-A Membership Exchange on the 20th, the average price of 100 major memberships traded nationwide was 257.93 million KRW, down 0.02% compared to last week. By price range, only the ultra-high price segment rose by 0.02%, while the high price segment remained unchanged. The mid-price segment fell by 0.02%, and the low price segment dropped by 0.13%. Dong-A Membership Exchange stated, "Trading volume remains stagnant. Although inquiries for transactions continue, the market is in a stalemate with intense competition between sellers and buyers at stable prices." They added, "It is expected that the number of items with narrowed bid-ask spreads will increase. Volatility will likely decrease for the time being, maintaining a stable trend."

The average price in the central region is 292.46 million KRW, unchanged from last week. In South Seoul, only corporate buying was confirmed, causing a 0.67% decline. Shinwon also saw a slight drop of 0.21% due to accumulated low-price buy orders. Ipo fell 1.52% as accumulated supply was joined by additional listings. On the other hand, Blue Heron in the Yeoju area saw selling prices rise by 0.53%. In the Gangbuk area, Seoul increased by 0.33%, and Songchu rose by 0.69%. Team leader Park Cheon-ju analyzed, "The central region membership market showed fewer volatile items and an overall stable trend. Although inquiries continue, the market is expected to remain in a box range for the time being."

The average price in the southern region was 168.56 million KRW, down 0.09% from last week. Yongwon and Seonsan consistently saw listings, but the bid-ask spread widened, resulting in declines of 1.10% and 0.93%, respectively. Tongdo rose slightly by 0.58% due to accumulated buy orders and additional purchases. Opal saw active buying, leading to a 2.70% increase. Bora and Bayside are experiencing scarcity due to a lack of listings. Team leader Lee Yun-hee forecasted, "The southern region membership market will generally maintain a stable atmosphere while showing differentiated trends by item."