Since 2004, China has declared no new golf courses should be built. But there are still people enthusiastic about new golf courses. According to incomplete statistics, illegal courses add up to 97%.
It is reported that a 18-hole course's average investment is 153 million. Each golf course occupies 1,200 mu and costs nearly 300 million including site construction, stadium construction and course maintenance and the like. Besides, the fixed cost is about 8 to 10 million, plus the tax. To maintain that cost, there must be 35000 people to play and each one spends 750 per time. It's very challenging for almost every golf course in China to maintain such level. Some course manager told reporters it's really impossible to earn profits through the course.
The fees are not clear more, if you have the desire to play on these courses, you have to make full preparations, such as golf clubs and other equipment. There is an online store (cheap golf equipment) on hot sale in 2011which must be of use to you. At the store, Titleist 909H Hybrid is the most popular one. It is largely chosen by golfers.
The cheap Titleist 910H Hybrid delivers total performance and versatility with improvements in flight, sound, looks and feel. With a completely redesigned head, the 910H generates higher launch with less spin for greater control and consistency. The new, SureFit Tour, dual-angle hosel technology provides the ability to make precise, independent loft and lie adjustments for a better flight with more control. The most technologically advanced head design delivers outstanding performance and versatility in a wide range of conditions while a sloped, ultra-thin crown design and on-axis rear weight screw create a low and deep center of gravity for increased stability and speed through the turf. Ultra-tight loft, lie and face angle tolerances are twice that of industry standards, creating more visual and mechanical consistency from the fitting to the purchased club.
The vice manager Lu said, "there are 430 servants offering ancillary services, the local ones are predominant. At least 408,500 salaries must be provided to these servants every month according to the Changqing district's lowest standard. "
These golf courses are born under such great pressure policy. Journalists have learnt some others. Generally speaking, the fee of exercise is 30 to 80 yuan per hour. If one wants to live in a hotel, he will have some discounts, from hundreds to thousands. More are inclined to apply for the membership card.
Vice chairman of the Hainan golf association revealed, though 70% golf courses are in depression, others are still interested in building new ones.
As to the interaction between the golf course and the residential project, Lu, vice president of the Institute of International Finance has a right summary: the majority golf courses are to located in remote areas, and if these areas are used to develop real estate, the value are largely decreased. But the developers add some golf course, the areas around the course become valuable. In this way, the estate profits soars.
Read more: http://www.golf-clubs-sale.com/
About the AuthorThese golf courses are born under such great pressure policy. Journalists have learnt some others. Generally speaking, the fee of exercise is 30 to 80 yuan per hour. If one wants to live in a hotel, he will have some discounts, from hundreds to thousands. More are inclined to apply for the membership card.
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