BTS’ Jin reportedly sells Hannam The Hill residence for 12.7 billion KRW
BTS member Jin has sold a luxury apartment in Seoul's Hannam The Hill complex for 12.7 billion KRW. The sale resulted in a significant price difference from his 2019 purchase price, though taxes and fees will impact his final profit.
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Highlights the high-end real estate investment trends among K-pop celebrities and the luxury property market in South Korea.
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BTS member Jin has reportedly sold one of his residences at the luxury apartment complex Hannam The Hill in Seoul, recording a simple price difference of more than 8.2 billion KRW before taxes and other transaction costs.
According to reports citing property registration records on July 31, Jin sold a 235-square-meter unit at Hannam The Hill for 12.7 billion KRW (approximately 8.8 million USD) on April 6. The buyer reportedly completed the final payment and took ownership on June 27.
Jin purchased the residence in July 2019 for 4.49 billion KRW (approximately 3.1 million USD). Comparing only the purchase and sale prices, the transaction represents a difference of around 8.21 billion KRW (approximately 5.7 million USD) over roughly seven years.
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