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Golfers play evening rounds at the Marina Bay Golf Course in Singapore on April 6.

Golfers play evening rounds at the Marina Bay Golf Course in Singapore on April 6.

Photographer: Wei Leng Tay/Bloomberg
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A $260,000 Golf Club Membership Is Singapore's Hot Pandemic Investment

Prices are hitting record highs as players flock to the city-state’s courses.

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The pandemic has created plenty of investment winners, from Zoom to online retailers and Malaysian glove makers. Add Singapore golf club memberships to the list.

With borders closed for more than a year and relatively few Covid-19 cases in the city-state, golfers have flocked to Singapore’s 15 courses, making tee times almost impossible to get and driving prices for the private clubs to record highs.