BTS Jungkook's recently purchased and under-construction single-house in Itaewon, Yongsan-gu, Seoul has increased by about 10 billion won in less than four years.
According to An Real Estate Brokerage Co., Ltd. on the 15th, Jungkook bought a single-house in Itaewon-dong in December 2020 for 7.63 billion won. The property, with a land area of 637㎡ (about 193 pyeong) and a total floor area of 230.74㎡ (about 70 pyeong), was purchased in cash for 39.59 million won per 3.3㎡.
After purchasing, Jungkook demolished the house and in 2021 received permission from the district office to build a new house with two basement levels and three above-ground floors, a total floor area of 1161.04㎡ (about 351 pyeong), and a building area of 348.05㎡ (about 105 pyeong). The construction is now in its final stages of completion.
The current asking price for the property has exceeded 10 billion won per 3.3㎡, and it is projected that the capital gain will be at least 8 billion won and could exceed 10 billion won. Representative Park mentioned, “The area where the house is located is home to high-profile business leaders, and the houses on either side along the road are enormous in scale. There have been sales in this area at around 70 million won per 3.3㎡ in 2022, so prices have more than doubled already.”
He added, “Since properties rarely come up for sale in this area and those looking for high-quality single-house properties in Itaewon-dong are willing to wait, even an asking price of over 10 billion won per 3.3㎡ could attract buyers.”
Jungkook’s single-house property is located within a 10-minute walk from Itaewon Station and Noksapyeong Station on Line 6, in an area surrounded by embassies and high-priced single houses, often referred to as the 'Korean Beverly Hills' or 'Itaewon Hill.' The area includes the Samsung Family Town where the late Lee Kun-hee, chairman of Samsung Group, lived, and residences of notable figures such as Chey Tae-won of SK Group, Shin Dong-won of Nongshim, and Lee Myung-hee of Shinsegae Group. In particular, Lee Myung-hee's single-house in Hannam-dong held the title of the most expensive single-house for nine consecutive years with a publicly assessed price of 28.57 billion won as of January 1 this year.
Meanwhile, Park Yong-hoon, CEO of An Real Estate Brokerage Co., Ltd., operates a YouTube channel 'An House TV' which provides information on luxury real estate.
original post: here
1. Wow they switched up on him right away just like that...?
2. He didn't even sell his house yet and there are already articles talking about his profit ㅋㅋㅋㅋㅋㅋ
3. Wow HYBE is insane, they're already mediaplaying
4. ㅋㅋㅋㅋㅋㅋㅋㅋㅋ HYBE is crazy. They didn’t even let lawyers attend the contract review meetings when BTS was renewing their contracts, and now they’re immediately using real estate news to mediaplay and target Jungkook's actions. They only do shady things like this. Wow, it's impressive. HYBE-yah you have to wake up
5. Wow ㅋㅋㅋㅋㅋㅋㅋㅋㅋ He's not even selling his house, what kind of article is this?
6. HYBE seriously? ㅋㅋㅋㅋㅋ
7. ㅋㅋㅋㅋㅋㅋ It's not like he bought the house on a loan but full price ㅋㅋㅋㅋㅋㅋㅋㅋㅋ
8. ㅋㅋㅋㅋㅋㅋㅋ If you're going to cut off BTS, you can say goodbye to HYBE no? ㅋㅋㅋ Looks like they'll cut off everyone and only keep LE SSERAFIM at the end
9. HYBE is honestly disgusting ㅋㅋㅋㅋㅋㅋㅋ
10. Did they take international fans in consideration?ㅋㅋㅋㅋㅋㅋ
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