Quote:
Originally Posted by Badhobz
thats the one! HK golf club. her dad's a member so we have a lot of family dinners and gatherings in that run down place. That and the Jockey club?! uhhh the one in central? i dont know why he needs 2 memberships to 2 places. The old man doesnt even golf anymore.
oops not Jockey club, Chariot club. fuck me its all the same
https://maps.app.goo.gl/XiJpaC5EU7BmBkCY8 |
Damn nice that's old money smell right there! Must be balling
Crypto bros and the nouveau riche got nothing on you. You'll actually be the envy of 99% of the HKrs if you can even get there.
Quote:
Originally Posted by roastpuff
Status, a sticker for your windshield.
You can hand the membership down or sell it.
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You don't really get anything + plus you still have to pay monthly for membership fees. But in HK it's all very common, it's a prestige thing and scarcity thing.
I'm pretty certain Badhobz's fams membership is corporate, meaning it can be transferred down to him once the old man lists him as a company director etc. A lot of these memberships have hefty transfership fees. Meaning you usually can't treat them as an investment and sell out for money.
Quote:
Originally Posted by Badhobz
the wife will probably sell it once the old man goes. I hear its big $$$.
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FYR
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Club Membership Information
Corporate HK$18,000,000
Monthly Subscription HK$3,815 (marriage) / HK$2,805 (single)
Re-Nomination Fee HK$200,000 (within 1 year) / HK$100,000 (over 1 year)
Transfer Fee HK$3,440,000