HaraKamilia Posted January 30, 2015 Report Share Posted January 30, 2015 KARA’s Han Seungyeon has made a large purchase recently, obtaining a building in Cheongdam-dong for 4.5 billion won, equaling to approximately $4,116,195 USD. Korean media portals reveal that the purchase was made late last year in April, and was acquired for 4.55 billion won. The building stands at a corner facing two roads in the Cheongdam-dong, Gangnam-gu area, and features a total floor area of 800㎡ that includes a basement and four floors above ground. Other buildings in the area include a newly completed elementary school and other residential housing. In addition, the purchased building features a real estate and pharmacy business on the first and ground floor, while a restaurant and a Taekwondo school houses the second floor. In addition, a bookstore, an office, studio and more are currently in place in the building. Realtor Kim Ju Hwan further revealed that Seungyeon has borrowed 60% of the building from the bank in order to bring profit up to its maximum. He further adds, “The yearly profit of the building is around 4.4%, which is high for a building in Gangnam. The method varies, but the investment is basically to ‘maximize yields’ and ultimately, profit in real estate.” This is not the first KARA member to make a big purchase such as this. In 2012,Goo Hara was reported to have made a purchase of a single-family home for 1.156 billion won, or $1,056,826 USD. Currently, that building is currently being remodeled to provide room for a cafe, office, and nail shop. With the house’s transformation, it is being reported that the property value has soared and is currently estimated at 2 billion won. Source 4 Link to comment Share on other sites More sharing options...
Snow Yuki Yap Posted January 30, 2015 Report Share Posted January 30, 2015 Hmm, Koreaboo and Nate (Korean media) is quite late posting this news. Allkpop, dkpopnews and Soompi already posted this news last year. 1 Link to comment Share on other sites More sharing options...
Jappy Posted January 30, 2015 Report Share Posted January 30, 2015 This was since last year i think, it's jst now that some netizens are mad about it LOL Link to comment Share on other sites More sharing options...
lukas_95 Posted January 30, 2015 Report Share Posted January 30, 2015 yep, dunno why the posted this again, but, great investment, tho if I have quite a lot money, I'll buy a building, preferable a landed house. Because the price grow really fast, especially in urban cities that have very limited space. Link to comment Share on other sites More sharing options...
Falance Posted January 31, 2015 Report Share Posted January 31, 2015 got 99 problem but money ain't one Link to comment Share on other sites More sharing options...
zhayeph Posted January 31, 2015 Report Share Posted January 31, 2015 recent article for an old news.. but will take it.. still publicity.. I'm still waiting for the news of Gyuri acquiring a kingdom.. Link to comment Share on other sites More sharing options...
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