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Golf club membership prices in flux
General upward movement expected, but SICC value to fall
Add BT as a preferred sourcePublished Mon, Feb 17, 2014 · 10:00 PM
[SINGAPORE] Golf club membership prices were in flux yesterday, as the market reacted to the news on the fates of the various courses here.
Among the four clubs most affected by Sunday's announcement, Tanah Merah Country Club (TMCC) will emerge a winner in its membership value, said golf membership brokers.
TMCC will have 10 ha of its land acquired by the government for Changi Airport; new taxiways will be built to link existing airport facilities with a new runway and the planned Terminal 5. However, the leases on its courses will be renewed.
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