[theqoo] [EXCLUSIVE] SUJU DONGHAE, BUYS 12 BILLION WON BUILDING IN SEONGSU-DONG... FINANCED WITH 9 BILLION WON LOAN

Super Junior's Donghae has purchased a building worth approximately 12 billion KRW (~$8.9 million USD) under his own name.

According to real estate records on October 13, Donghae acquired a building located in Seoul's Seongdong District on April 27 for about 120 billion KRW. He reportedly took out a loan of around 9 billion KRW (~$6.7 million USD) using both the building and an apartment he owns as collateral. The building has a land area of approximately 2,906 square feet and a building area of approximately 7,900 square feet. It was traded at approximately 146.71 million won per 35.5 square feet of land. The building was completed in 1988 and is currently being leased by a restaurant and a shoe repair shop.

Meanwhile, on September 25, Donghae and fellow Super Junior member Eunhyuk released their mini 6th album 'INEVITABLE' as subunit Super Junior D&E.

After wrapping up their music show promotions, Super Junior D&E shared their thoughts, stating, "We were truly happy and proud to have so much time with our fans, from new concerts to music shows. It was a meaningful activity as we felt we have given fans something to look forward to for our next steps."

Super Junior D&E is also currently performing for fans worldwide through their ongoing tour 'ECLIPSE,' which began in Seoul last month.

CR: Allkpop

original post: here

1. I have a lot to say but won't say it

2. Even when they have cash, they are still getting loans

3. If that was a personal loan, then who cares?ㅋㅋㅋㅋㅋㅋ

4. You're telling me that a building like that costs 12 billion...

5. What's with the shield?

6. It's true that he got it for speculation purposes so what's there to shield?;;;

7. Being a celebrity sure is fun~

8. Must be nice to get loans this easily...

9. There’s no reason to feel down about borrowing money using assets as collateral. Regular people can’t access such large loans because they don’t have that level of assets to back it up. So, it’s not something to compare yourself to.

10. So you can even get a loan that covers 90% of the purchase price now

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