In the past, the high value of a golf club membership in Singapore lead individuals to consider them as an investment in addition to a status symbol and way to access great golf courses. However, membership prices have been trending downward in the last decade. Due, at least in part, to the fact that several clubs were unable to renew their land leases. For some, this decrease in membership prices might raise the question: are golf club memberships still worth considering as an investment?
Costs and Benefits of a Golf Club Membership
Despite the relative decrease among many golf membership prices in recent years, prices at several clubs still exceed S$100,000. The current average sale price of all golf club memberships in Singapore is approximately S$67,423. Prices tend to vary based on the size of the course as well as the expiration date of the club’s land