| On the membership card to buy, sell, appreciation, | | | | club's facilities. In the mainland, because the public |
| depreciation argument has been discussed in | | | | ownership of land and the other special |
| Mainland China for more than a decade. The | | | | circumstances, so most of the club memberships |
| majority of consumers understood the secret | | | | are this form of management. |
| after buying the cards. Here, we opened the golf | | | | Membership card of the Value Analysis |
| membership's "Pandora's" Box for these people | | | | According observating and researching on the |
| who eager to invest. | | | | value of membership cards for many years, we |
| A growing number of golfers have confusion: I like | | | | can summarize and analyzed the forms of |
| to play, but it cost too much to play as a visitor | | | | membership from the following aspects of: |
| or guest. Should we buy a membership card? | | | | 1. Land Experience: This is the most important |
| How to choose it? What kind of membership card | | | | factor to evaluate the membership card's price. |
| will bring added value? Next, we will carry out a | | | | China is a socialist country, land is public ownership |
| detailed analysis from many aspects. | | | | and the owner can use it for a number of years. |
| Golf Club Category: there are two styles: one is a | | | | The longer life, the higher price. This point can be |
| private club; the other is a public golf course. Public | | | | seen from the validity of the contract. If a club |
| golf course is not selling membership cards and | | | | membership card without a contract agreement, |
| only offer cheaper price. Currently in China, there | | | | it is an incomplete contract which has the risk in |
| are few public courses, because it need more | | | | the mainland. There are three natures of using |
| support, such as land acquisition and tax policy | | | | land: acquisition, rental and allocation of land (there |
| support. Private clubs are relatively common | | | | is no such land acquisition form now). |
| around the world. In the West, there are two | | | | 2. Location: The closer from the city center, the |
| specific forms. Firstly: Members are also one of | | | | more expensive of the land. It ‘s more |
| the shareholders, who gains the burden of the | | | | expansive for the place which the buyers and |
| club's operation and losses, the club's management | | | | the users can walk to. |
| commissioned by the Council by the members of | | | | 3. The scale of planning: the larger the pitch, the |
| the club or authorize a management company or | | | | more holes, it cost more. |
| institution management, or even a particular | | | | 4. Membership card quota restrictions: The fewer |
| manager (for example, Augustus tower Hootie | | | | of the membership, the higher price.Besides, there |
| Johnson). This high private club, non-members not | | | | are some natures as follow: Terms of transfer, |
| allowed to enter. | | | | bid price , monthly fee, Preferential rights, |
| Secondly: members are out of charge of income | | | | Management, The company's financial position and |
| and losses, but only enjoy the right of using the | | | | so on. |