Singapore
TRAVEL curbs coupled with a greater demand for golf flight times have driven up golf club membership prices, some by 30 per cent or more since the "circuit breaker" began in March.
It also paints the picture of a different reality for the rich in Singapore against the recessionary backdrop of Covid-19.
Those whose wealth have not been adversely affected by the pandemic continue to have the luxury of a buffer that allows them not just to buy real estate, invest in financial markets, but also get that second and third membership that will help to increase their odds of getting a flight time on the greens.
According to price data from Tee Up Enterprises, one of the largest club membership...