Golf Membership Market Shifts to Slightly Weak Trend

Increase in Sell Inquiries, Expansion of Declining Stocks, Passive Trading
Average Market Price 257.55 Million KRW... 0.19%↓ Compared to Last Week

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

According to Dong-A Membership Trading Center on the 11th, the average price of 100 major memberships traded nationwide was 257.55 million KRW, down 0.19% compared to last week. By price range, the ultra-high price segment fell 0.36%, the high price segment 0.02%, and the mid-price segment 0.24%. In contrast, only the low price segment rose by 0.24%. Dong-A Membership Trading Center explained, "The market shifted to a slight decline amid cautious trading. After peak transactions, sell inquiries increased in some items, leading to more declining stocks." They added, "Although trading inquiries continue, actual transactions remain somewhat passive," and forecasted, "Popular items by region have accumulated buy orders at low points, so the decline will not be significant."

The average price in the central region is 291.99 million KRW, down 0.21% compared to last week. In South Seoul, cautious buying continued, resulting in a 1.71% drop. Suwon, which had active trading volume, fell 0.81% as sell inquiries increased. The ultra-high price segment also showed weak buying demand. Nambu fell 0.65%, East Valley 0.93%, and Shinwon 0.53%. Some items rose, however. Hanseong jumped 1.05% due to accumulated individual buy orders. Geumgang rose 1.12%, Blue Heron 1.06%, and Ribera increased by 4.44%. Team Leader Park Cheon-ju said, "The central region membership market continues an upward trend due to steady buy orders, but the rise will be limited," and predicted, "While the number of declining items has increased somewhat, a slight decline will be maintained."

The average price in the southern region was 168.43 million KRW, down 0.08% from last week. Gaya and Tongdo only awaited low-point buy orders, falling 1.08% and 0.58%, respectively. Ulsan hesitated by 1.26% amid increasing sell inquiries. Pami Hills fell 0.51% as the gap between sell and buy offers widened. On the other hand, Mauna Ocean rose 1.63%, Daegu 0.67%, and Changwon increased by 2.78%. Team Leader Lee Yun-hee predicted, "The southern region membership market will show a stable trend."