Jun Ji Hyun Scores $5 Million Profit on Strategic Real Estate Investment

Jun Ji Hyun net worth
Jun Ji Hyun net worth
Credit: Jun Ji Hyun Instagram

Jun Ji Hyun has secured approximately 5 billion KRW (about 3.4 million USD) in market value gains through a savvy building investment.

According to News1 on the 2nd, the actress purchased a three-story building near the Gangso-gu Office intersection along Airport Road in February 2022 under her own name for 50.5 billion KRW (35 million USD). The structure, built in 2019, sits on 2,839 square meters of land and is currently estimated to be worth around 55.2 billion KRW.

Jun Ji Hyun has not undertaken any additional construction work since acquiring the building, which currently houses an LG Best Shop electronics store. LG Best Shop reportedly signed a 10-year long-term lease when the building was newly constructed, with a deposit of 600 million KRW (411,000 USD) and monthly rent of 160 million KRW. Based on the purchase price, the average annual return rate is 3.9%.

Meanwhile, Jun Ji Hyun recently became the subject of controversy after news broke that she had undergone a tax audit by the National Tax Service and paid additional taxes of approximately 20 million KRW (about 13,700 USD).

Her agency, IEUM HASHTAG, released a statement saying, “There were differences in opinions on some items due to different interpretations between the tax accountant and the National Tax Service regarding expense processing methods, and accordingly, she paid an additional tax of about 20 million KRW.”

Speculation has emerged that this may be related to capital gains from buying and selling real estate, including a house in Samsung-dong and commercial property in Nonhyeon-dong, both in Seoul’s Gangnam district.

>> Lee Ha Nee, Park Hee Soon, Jun Ji Hyun and More Face Tax Evasion Allegations

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