TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Golf Secondary Market Showing Stress

Category: Tourism, Posted:20 Jan 2011 | 06:00 am

Call it a sign of the times or perhaps a hangover from the global financial meltdown but the broader islan secondary golf membership market is seeing a decline in pricing.
Tracking classified listings for Phuket Country Club over the past three months listings moved downward from THB650,000 excluding transfer fees down to THB550,000 including transfer fees. Prospective sellers seem to be aggressively pricing and repricing them in order to attract a sale.
Loch Palm is trading at perhaps the widest band in the market from THB400,000 to 550,000 including transfer.
Blue Canyon ranges from THB850,000 excluding transfer to THB950,000 including dues and transfers.
Laguna Phuket carries the largest number of membership wanted advertisements with pricing as available handing in the region of THB400,000.
It's important to note that this is a selective review of visible listings and there are always exceptions.
In final analysis though golf memberships as in property seems to have the same fishing expedition mentality of the current property market and a flood of resale's is where transactions are most active.

Other News

Read more

Vietnam Tourism Voices  – The Tiger Roars Back

Category: Tourism, Posted:24 Sep 2021 | 13:40 pm Next Tuesday join C9 Hotelworks and Delivering Asia Communications for an in-depth look at Vietnam’s return of the international marketplace. Vietnam’s tourism and hotel market is focused an upcoming ‘Sandbox-style’ reopening for international travel. With the Vietnamese resort island of Phu Quoc taking center stage in a proof of concept, the hospitality industry in this […]
Read more

Manic Monday. No Rain, No Rainbows

Category: Tourism, Posted:20 Sep 2021 | 14:24 pm Rainy days and Mondays are no reason to get down. We have three new Thai Road Trip episodes from C9 Hotelworks and our friends at Delivering Asia Communications for you. Have a seat, throw the umbrella out the window and take a look now. INSIDE STORY Bill Heinecke’s Phuket Resort Home Phuket Hotel Insight – […]
Read more

After The Sandbox – Phuket Hotels Ask What’s Next?

Category: Hotels, Posted:16 Sep 2021 | 09:37 am The resort island of Phuket’s proof of concept Sandbox advantage looks to dramatically change come October. Since the first of July island hotels have experienced considerably higher occupancy levels and much-needed revenue from international arrivals. This has been Sandbox generated, and travelers, not necessarily tourists. Bangkokians fleeing the red zone situation have also aided in […]