BTS RM Sells His Luxurious 'Hannam The Hill' Residence for 5.8 Billion Won, Sees 900 Million Won Profit

BTS's leader, RM, has sold his residence in the luxurious "Hannam The Hill."

Keep on reading to know more.

BTS RM Sells His Luxurious "Hannam The Hill" Residence for 5.8 Billion Won, Sees 900 Million Won Profit

According to Sky Daily, a real estate magazine, on May 26, KST, BTS's leader and rapper, RM, has sold his residence in "Hannam The Hill" at Hannam-dong in Seoul, back on March 5, 2021.

On November 13, 2019, the "Butter" singer had purchased a 284.2 square meters (equivalent to 3,060 square feet or 85 pyeong) residence in the luxurious residential area for a whopping 4.9 billion won (approximately $4.4 million). Reports also said that RM bought the residence in full cash payment.

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On March 5, 2021, RM sold his residence for 5.8 billion won (approximately $5.2 million), leaving a profit margin of 900 million won ($804 million).

"Hannam The Hill" is well known to be one of the most expensive residential areas and apartments in South Korea, and houses numerous A-List Korean celebrities, such as Kim Tae Hee and Rain, Han Hyo Joo, So Ji Sub, Lee Seung Chul, Ju Ji Hoon, Girls' Generation's Sunny, EXO, as well as corporate leaders, politicians, and more.

The residential complex became even more well known after BTS moved in back in December 2017, with their CEO and producer, Bang Si Hyuk, wanting the group to live together in comfort - hence, "Hannam The Hill" became known as "BTS's dorm."

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In addition, "Hannam The Hill" has been named as the most expensive apartment in South Korea since 2014, making it their seventh year in a row to be ranked first. The residential complex boasts community facilities, fitness centers, swimming pools, a sauna, cafe, screen golf, reading rooms, guest houses, and of course, an amazing view.

Besides RM, other members of BTS also bought their own personal residence in "Hannam The Hill," such as Jin, who purchased two units - one in July 2018 and another in October 2019.

Up until sometime in 2019, BTS shared an apartment in "Hannam The Hill," and the following year, the members decided to officially move out and live on their own, while RM and Jin continued to live in their respective apartments within the residential complex.

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The current market price for a 243.642 square meters apartment at "Hannam The Hill" is around 7.75 billion won ($6.9 million) to 8 billion won ($7.1 million).

Meanwhile, BTS returned with their digital single, "Butter," last May 21. They made their debut performance at the 2021 Billboard Music Awards and recently performed on "The Late Show with Stephen Colbert."

Check out what BTS's and RM's house looks like:

*Note: this is not BTS's actual dorm

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KpopStarz owns this article.
Written by Robyn Joan

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