2024 Year in review and 2025 Market Outlook

Following a slow period for golf membership sales in late 2024 (November and December, likely due to school holidays and family vacations), we anticipate a potential resurgence in demand throughout 2025. This projection is based on several factors, including:

• Increased Casual Player Engagement:
  • Many casual golfers may choose to invest in memberships to pursue their passion more regularly.
  • Retirement and Leisure: An increasing number of retirees are expected to seek out golf memberships to enjoy the sport, socialize at clubhouses, and participate in club activities.
  • While economic uncertainties persist, we remain optimistic about the sustained interest in golf memberships.

Golf Tourism and Travel

Despite local golfing opportunities, overseas golf trips, particularly to nearby Malaysia, are expected to remain popular due to their affordability and convenience.

A Reminder for Prospective Buyers

It is crucial for potential golf club members to carefully consider the remaining lease terms on the club’s land. Lease renewals are not guaranteed, and history has shown instances of club closures or course modifications due to non-renewal or partial renewal. Therefore, buyers should be aware of these potential risks and factor them into their decision-making process.

We keep track of each club’s current land lease here.

A Message to Golfers

We encourage all golfers to continue enjoying the sport while they are able and to cherish the camaraderie and experiences it provides. Every day on the course is a new opportunity for enjoyment and connection.