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OPINIONS
Read below to see which membership type might be the best fit for you.
ValueChampion - Personal Finance Research Firm
17 Apr 2021
Content Marketing Lead at ValueChampion
Golf club memberships are known for being exclusive, expensive, and loaded with complex terms and conditions. Below we break down the many types of memberships available in Singapore, with the top three most affordable golf clubs based on each membership type so that you can pick the one that fits you best.
Golf clubs in Singapore offer various types of memberships and different pricing plans, with most making distinctions based on marital and legal status, as well as working status. In addition, most require you to pay monthly subscription fees and a deposit. So let's break down the fees below:
Having broken down all the relevant golf membership fees, it's time to focus on those which are more affordable.
Orchid Country Club seems to be the most affordable golf club, particularly when you consider its OCC Silver 2023, Gold 2023 and Silver 2030 memberships. One reason why the plans are so affordable is because the Silver and Gold 2023 memberships expire in 2023. Other factors which also play a role are the quality and size of the golf courses and other amenities.
In addition to the annual cost above, you also need to consider green fees and buggy fees. Green fees are free for gold memberships, but vary in price for silver memberships. Depending on whether you want to play on weekdays (mornings are cheaper than afternoons) or weekends, prices range from S$32 to S$70 per game.
The total annual prices above include most listed fees, and assume 3 visits per month to the golf course on weekday afternoons. The cheapest membership plan will cost S$443 per month including most fees.
When analyzing regular memberships, which grant full access to golfing and social facilities on weekdays and weekends, Orchid Country Club, Keppel Club and Warren Golf & Country Club offer the cheapest memberships. While Orchid Country Club waives its green fees for the Gold 2023 membership, allowing guests to play as often as they want to while only having to pay buggy fees, the fact that it only offers 9-hole courses can be a substantial limitation for many golfers.
Some golf clubs also offer term memberships, which allows you to join for a period of one to two years. Below are the top 3 most affordable golf clubs with 1 year term memberships.
The three term memberships listed above can only be used on weekdays, but they have two additional privileges: they don't have any monthly subscription fees and they offer free membership for members' spouses and children below 21 years.
In addition, Seletar Lifestyle Membership is the only golf club membership that foreigners can join for the same prices as Singapore citizens and permanent residents. The OCC Individual Local Golfing Membership also stands out from the three as the only one which also waives green fees, a great option if you plan on regularly coming to the golf course.
For example, in order for OCC Weekday Term Membership to equal the OCC Term Membership, you need to play 164 games per year, or 13 games each month. Similarly, the break even point for Seletar Lifestyle Membership is 55 games per year, or 4 games per month.
For those looking to play no more than 3 times per month, OCC Weekday Term Membership is the best choice. If you're looking to play at least 13 games each month, on weekdays and weekends, then OCC Term Membership is the way to go. While Seletar's green fees are higher, it offers 18-hole courses, great facilities for your entire family and is best fit for professional golfers.
Another option available to those who would like to start playing golf but don't want to commit to a term or regular membership is purchasing a visitor's pass. This is an affordable option for those who don't play often and don't mind having to book in advance or face time constraints.
Another option is to attend as a guest of someone who is already a member. You will still have to pay green fees, although slightly lower than those for visitors. Also, keep in mind that all guests and visitors without a valid handicap have to undergo a Certification to Playtest (S$10.70) at the club prior to being allowed on the course.
This article was first published on ValueChampion:
https://www.valuechampion.sg/top-3-most-affordable-golf-clubs-singapore
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ValueChampion - Personal Finance Research Firm
17 Apr 2021
Content Marketing Lead at ValueChampion
ValueChampion is an Asia-focused FinTech company, driven to help consumers make better financial decisions.
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