5 Idols Who Bought Houses in Korea's Most Expensive Neighborhoods in Full Cash: IU, RM, More!
THESE K-pop idols flaunted their "Young & Rich" status by purchasing high-end houses in the Top 1% richest neighborhoods in South Korea by paying it in FULL CASH!
Living in a country with sky-high real estate prices, an ordinary citizen can only imagine buying a billion-worth house, let alone with loans.
However, these K-pop global idols proved their "top-class" position in the country, by buying luxury houses in the most expensive neighborhoods in South Korea and paying it all in full cash.
5 Idols With Luxury Houses in Wealthiest Neighborhoods in Korea Bought in Cash
1. IU
From living in a small house infested with cockroaches, IU truly turned her life around by being the richest Korean female star in the country.
After earning riches, IU invested in various real estate and one of the most shocking was when she bought a 13 billion ($10.2M) ultra-luxury villa.
The villa is called Eterno Cheongdam, a luxury apartment located in Cheongdam-dong, Gangnam-gu, Seoul. The sale price is said to be around 200 million won per pyeong (3.158 m2 = $153.8k), the highest price in Korea.
ALSO READ: IU Net Worth 2023: How Wealthy Is the Self-Made Idol?
Its value increased even more after it was reported that Rafael Moneo, a world-renowned Spanish architect participated in its design.
As a result, it is known to be an area where loans are not possible when purchasing a house, so IU is presumed to have paid in full in cash.
2. BTS RM
In 2019, the leader of BTS RM bought a high-end room in Hannam: The Hill located in Hannam-dong, Yongsan-gu, Seoul, under his name.
The said apartment has a supply area of 293.93㎡ (about 89 pyeong) and a dedicated area of 244.34㎡ (about 74 pyeong) and was purchased at the selling price of 4.9 billion won ($4.4M) at the time in full cash! However, in 2021, RM sold it for 5.8 billion won and earned a 900M KRW profit.
In 2021, BTS RM bought another house in the famous Nine One Hannam for 6.3 billion KRW (around 5.69 million USD when purchased) without loans again.
3. BTS Jimin
Along with RM, Jimin also bought a luxury apartment in Korea's "Beverly Hills," the Nine One Hannam in 2021.
He bought the same size and room as RM, but the idol paid 5.9 billion KRW (around 5.3 million USD at the time) a few million less than RM since he opted for the one without a terrace.
4. BLACKPINK Lisa
In February, Thai-born K-pop idol Lisa also bought a detached house in Seongbuk-dong, Seongbuk-gu, Seoul, for 7.5 billion won ($5.8M) under her name.
According to reports at the time, Lisa paid the full amount in cash because the right to collateral security was not caught on a copy of the register.
Although the house was built long ago in 2016, Lisa shocked netizens by buying a home in Seongbuk-dong, which is famous for being a "Chairman's Neighborhood."
Only the wealthiest can afford a house here, such as the leading corporate CEOs and highest-paid actors such as Led Minho and Lee Seung Gi.
5. BLACKPINK Jennie
BLACKPINK Jennie
Last but not least, Jennie also purchased a second basement floor household of a luxury villa in Hannam-dong, Yongsan-gu Seoul, also known as the UN Village.
She bought the villa for 5 billion won ($3.9M) in late July without a loan and even completed the move-in report.
The villa she bought is known to have a dedicated area of 244.97㎡ (74 pyeong) and a supply area of 286㎡ (87 pyeong), with five rooms and three bathrooms.
Lee Jong Suk, IU's boyfriend also owned one of the 15 villas in Villa La Terrace Hannam.
READ MORE: BLACKPINK Jennie Buys Luxury Villa in UN Village for 5 Billion KRW in Full Cash!
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Written by Eunice Dawson.
