Super Junior’s Leeteuk surprised viewers on the March 27th episode of Radio Star by revealing his success in real estate investing. It was revealed that Super Junior’s Leeteuk was the one who purchased a luxury apartment in Seongsu-dong for an incredibly low price alongside actor Kim Ji Hoon.
>> Kim Ji Hoon Reveals His Smart Real Estate Investment Paid Off Big Time
Kim Ji Hoon previously made headlines when he confessed to purchasing the luxury apartment in Seongsu-dong, which has a market price of over 10 billion won ($7.4 million), for just 150 million ($112,000) won. “I bought this place through pre-sale. At the time, it had been unsold for a very long time,” he explained. “This was before the apartment was even built. They said that the price of apartments would go up once the redevelopment was completed, but the pre-sale fell through before that happened. Before that, I was living in a rental apartment by the Han River. So I knew that there was a premium on Han River views, and when they said I could sign a contract with just a 10% down payment, I decided to go for it.”
The singer continued, “I took out a bank loan for the balance and figured that I would have earned enough by the time I moved in three years later. But when the time came to move in three years later, I didn’t have the money. I had to borrow money from here and there just to sign the contract.”
He added, “I have two things left as a result of 20 years of acting: this house and the mortgage on this house. This was the best investment I ever made in my life.”
Leeteuk also revealed that Donghae and Eunhyuk bought apartments in the same building based on his recommendation, and they also made a lot of money. However, he revealed that Kim Heechul bought a unit in the same apartment but sold it soon after.
The Super Junior star will be sharing his real estate journey on March 27th at 10:30 PM KST.
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