Most celebrities will agree that fame isn’t forever, and it’s why many of them opt to launch businesses and invest beyond what they’re known for. In the case of Korean celebrities, many of Hallyu’s finest have buildings under their names, which reap great rewards—especially financially.
Take Girls Generation’s YoonA as a prime example, as the singer-slash-actress hit a gold mine with a building she owns, garnering a whopping P630 million addition to her net worth!
READ: YoonA’s Building in Seoul Increased in Value by 15 Billion Won
The King the Land actress owned a hotel in her recent K-drama, and in reality, she’s just as financially savvy. A report by the Korean outlet News 1 reveals that a building owned by YoonA had increased in value by 15 billion Korean won or approximately P630 million since she purchased it six years ago.
The outlet cites a listing by Building Road Real Estate Brokerage, detailing that the K-pop star signed the contract for the building in October 2018 which was worth 10 billion Korean won at that time (around P480 million). According to the report, YoonA purchased it with 4 billion Korean won in cash (around P194 million) with a maximum amount of bonds of 7.2 billion won.
The building in question was completed in 2014, encompassing two underground floors and four above-ground floors with a total floor area of 1,461 square meters. The property is reportedly located in the famous Gangnam district in Seoul, and it's said to be a 10-minute walk from the district’s office station and Apgujeong Rodeo Station. The building currently houses a software development company, the report says.
YoonA’s building is said to be favored by many due to its location, as a stop in a nearby station is set to open soon. The market price is reportedly estimated to be more than 25 billion won (approx. P1 billion), but the report also cites a similar case in a nearby area, where a building fetched a price of 24.3 billion won after purchasing it in June 2023. After analysis, however, YoonA’s building may attract more than the initial price, as it has been a year since then.
Korean Celebrities Who Own Buildings
YoonA isn’t the only Korean star to have made a significant investment in real estate. Many Hallyu celebrities are proud owners of buildings in South Korea, including Song Hye Kyo, who sold one of her properties in 2020 for $7 million or around P336 million. Bae Suzy, meanwhile, is said to earn $13,499 (approx. P788,000) every month in rental fees for one of her Gangnam properties. In 2024, actor Kim Woo Bin made waves after his $10.7 million (approx. P580 million) purchase of BTS’ former office building.
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