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The phrase "good for both" is grammatically correct and can be used in written English.
It means that something is beneficial or advantageous for both parties involved. Example: "The compromise reached by the two countries is good for both, as it addresses their concerns and promotes cooperation."
Exact(57)
Good for both of them.
"Good for both players.
Good for both countries".
It was good for both of us".
But economic security is good for both.
It's good for both of you".
Tickets are $20 (good for both days).
Tickets are good for both days.
The reality was good for both sides.
The early signs are good for both.
It is good for both countries".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com