2024 News Update
Club membership prices have fallen with reduced volume as buyers are looking for discounts, while sellers try and hold out for higher prices
Club membership prices have fallen with reduced volume as buyers are looking for discounts, while sellers try and hold out for higher prices
Club membership prices reached record levels this year, but have begun to drop alongside weakening demand
Club membership prices have reached record levels, even while demand has slowed in response to recession fears
All golf clubs in Singapore use land leased from the government. It’s important to understand the lease situation of a club when buying or selling.
SICC anticipates the opening of the new Bukit Clubhouse in January 2023.
It was an excellent year for those selling golf memberships in 2021. Sellers realised good returns on their membership as demand was strong from buyers.
As we all know, 2020 was dominated by COVID-19, but the popularity of golf has increased dramatically as other activites have been restricted.
All golf clubs in Singapore use land leased from the government. It’s important to understand the lease situation of a club when buying or selling.
All golf clubs in Singapore use land leased from the government. It’s important to understand the lease situation of a club when buying or selling.
The club membership market in Singapore works in a similar way to other markets such as a stock exchange, or the property and commodities markets.
The closure of JCC and the pending closure of RCC (in 2018) and Keppel (in 2021) will likely lead to an increased demand for membership in other clubs.