SEVENTEEN DK Purchases $5+ Million Building in Sinsa-dong

SEVENTEEN member DK has officially purchased a $5+ million building in Seoul's luxurious Sinsa-dong area.

Keep on reading for all the details.

SEVENTEEN DK is Officially a Landlord — Purchases $5+ Million Building in Sinsa-dong

According to an exclusive report released by Maeil Kyungjae on November 2, SEVENTEEN member DK purchased a five-story building in Gangnam's luxurious Sinsa-dong area for 6.80 billion KRW. This is equivalent to $5.78 million. The building was built in 2012 and is known for its beautiful exterior design. The building is near Apgujeong Station.

DK
(Photo : SEVENTEEN Twitter)

DK first made the purchase on August 13, 2021, and paid off the remaining balance on October 29, 2021. In order to purchase the building, the SEVENTEEN member established his own business, Road K, which he owns 100% of the stakes. The building is under the corporation's title.

According to the report, the company established a loan to purchase the building and quickly paid off the remaining balance. They noted that the area the bulding is in is a high-demand location.

DK
(Photo : SEVENTEEN Weverse)
SEVENTEEN DK

ALSO READ: SEVENTEEN's 'Attacca' Enters Top 10 Best-Selling Albums in Hanteo History with First-Week Sales

The building is stationed in a mainly residential area. However, due to the expansion of the commercial district, the demand for more buildings and offices in the area is increasing.

DK most likely saw this ideal opportunity for an investment, which led to the eventual purchase of the building.

SEVENTEEN DK Building
(Photo : Maeil Kyungjae)

DK is the first member of SEVENTEEN to purchase a building.

Congratulations, DK!

ALSO READ: 'Million Seller' SEVENTEEN to Hold Two-Day Online Concert 'Power of Love'

Neither Pledis Entertainment nor DK has released a statement on the matter, nor have they confirmed Maeil Kyungjae's exclusive article.

What do you think of the situation? Tell us in the comments below!

ALSO READ: Is SEVENTEEN the 'Second' BTS? K-Media Highlights Group's Achievements on par with BTS

SEVENTEEN Recent Activities

On October 22, 2021, SEVENTEEN released their ninth mini-album, "Attacca." The mini-album contains six songs, including the lead single "Rock with You."

Notably, members Woozi, Vernon, and Joshua helped write the lyrics for the song, while Woozi is credited as a producer.

SEVENTEEN
(Photo : SEVENTEEN Weverse)
SEVENTEEN Rock With You

On the first day of pre-orders, Pledis Entertainment announced that the album sold 1.41 million copies, beating out SEVENTEEN's previous personal record of 1.36 million copies for "Your Choice."

ALSO READ: SEVENTEEN Earns 5th 'Million Seller' Title With 'Attacca'

"Attacca" topped the Hanteo Weekly Charts for two weeks in a row. According to the site, the album has sold 1,335,862 in its first week of release, making it SEVENTEEN's fifth consecutive million-seller album.

Additionally, SEVENTEEN is the only artist that recorded first-week sales of one million copies two times this year.

SEVENTEEN
(Photo : SEVENTEEN Weverse)

In the United States, "Attacca" debuted at number 13 on the Billboard 200 chart. On the Billboard World Albums Chart, "Attacca" debuted at number one, making it SEVENTEEN's fourth number-one album in the country.

ALSO READ: SEVENTEEN's 'Attacca' Ranks No. 13 on Billboard 200, Their Highest Entry on the Chart

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KpopStarz owns this article.

Alexa Lewis wrote this.

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seventeen
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Pledis Entertainment
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