(Kuala Lumpur, 16th) RM650,000 to buy a pickleball court? Netizens mocked: “It’s better to earn interest on a fixed deposit!”
A while ago, Pickleball was the new favorite of the middle class. Anyone who didn’t play Pickleball was out of fashion. From influencers, entrepreneurs to retirees, everyone rushed to the venue to meet friends and check in.
As a result, just one year later, the wind direction suddenly changed - Xiaohongshu recently went viral: several pickleball courts were for sale, with prices ranging from RM250,000 to RM650,000.
Yes, RM650,000. Netizens couldn't help but leave a comment: "If I have RM650,000, it would be more practical to put it in a bank as a fixed deposit, which would give me a safe and secure interest of RM2,000. Why would I buy your empty pickleball court?"
The rental of a pickleball court is several times more expensive than a badminton court, and the hourly charge can be as high as RM110. The charges are not affordable at all and are not affordable for the general public.
Some investors began to express regret. Not only is the rent of a pickleball court expensive, but the maintenance is even more expensive. In particular, the wooden floors, nets, and air-conditioned open venues that feature "high-end texture" all cost a lot of money.
Still has loyal fans
The investors who rushed into the market at the beginning are now sweating profusely. Some of them gritted their teeth and sold their shares, while some are still holding on - no one is playing on the field, but the loans are deducted on time every day!
Pickleball suddenly became popular last year, and new venues popped up everywhere. Shopping mall rooftops, industrial parks, and even wasteland were transformed into "pickleball paradises." For a time, "opening a court" seemed to be the latest shortcut to wealth.
Looking back now, the stadiums are deserted. Some of them don’t even have reservations during the day and are still empty at night.
Is the pickleball craze over?
It’s not like the fever has completely subsided. It’s just that the bubble was blown up too quickly and burst too quickly. Pickleball still has a group of loyal fans, but it is difficult to rely on “everyone playing ball” to support a high-rent, high-investment business model.
This wave of enthusiasm has once again allowed us to witness the power of "investment following the trend". The enthusiasm came quickly and receded even faster.
https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%...%9C%BA%E2%80%9D
Berak: Pickleball craze in MY starts to fade?
May 16 2025, 06:04 PM, updated 7 months ago
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