News has emerged that Hyun Bin and Son Ye Jin have cashed in on their luxury villa located in Samseong-dong, Gangnam District, Seoul, making a hefty profit of 1.8 billion won (about $1.6 million).
According to an exclusive report by Herald Economy on the 22nd, Son Ye Jin sold her high-end villa in Gangnam, which she had owned for over a decade. The sale resulted in a capital gain of approximately 1.8 billion won (about $1.6 million). The actress reportedly purchased the villa in 2008 for 3 billion won (about $2.6 million) and sold it last month for 4.8 billion won (about $4.2 million). The villa, covering 211.2 square meters, is known to have been owned by several celebrities. The buyer turned out to be a businessman who has worked with a Hyundai Group affiliate.
It’s said that the real estate holdings of the Hyun Bin-Son Ye Jin couple are valued in the hundreds of billions of won (about $88 million+), and they are acclaimed for their sharp acumen in property investments.
Earlier, Hyun Bin had sold his luxury villa, MARKHILLS, in Heukseok-dong, Dongjak District, Seoul in 2021 for 4 billion won (about $3.5 million), yielding a capital gain of 1.3 billion won (about $1.1 million). He had lived in the villa since purchasing it in 2009. Also, in 2013, he bought a multi-family residence in Cheongdam-dong, Gangnam District, Seoul for 4.8 billion won (about $4.2 million) and constructed a commercial building that has received architectural acclaim, the value of which has now surged to around 10 billion won (about $8.8 million).
Stars’ investments in real estate have become a hot topic as they captivate the public with their jaw-dropping gains.
Jun Ji Hyun is well-known for owning hundreds of billions of won worth of assets solely from her astute real estate investments. The locations and types of properties she has invested in – buildings, apartments, and luxury villas – suggest a clear strategy. Recently, she reportedly purchased a penthouse worth 13 billion won (about $11.4 million) in cash. According to one media report, she snapped up a penthouse in Seongdong District, Seoul that hit a record high of 13 billion won last year.
Before her marriage, Jun Ji Hyun was already a heavyweight in the property game, purchasing entire buildings in locations such as Yongsan District, Gangnam District, and Gangseo District, all in Seoul. Reportedly, the total value of real estate held by her is estimated to be between 140 billion won to 150 billion won (about $123-132 million).
Lee Byung Hun is also a star not to be left out when it comes to real estate investments. He bought a building in Yeongdeungpo District, Seoul for approximately 26 billion won (about $22.8 million) and sold it three years later, yielding a profit of 10.6 billion won (about $9.3 million). It is known that he was earning KRW 1.2 billion won (about $1.05 million) annually in rental income until the sale.
The luxury villa in Cheongdam-dong, Gangnam District, Seoul where Lee Byung Hun is currently residing, was purchased for about 3.2 billion won (about $2.8 million), but its value has since risen to around 5 billion won (about $4.4 million).
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