Real estate brokerage Building Road said that Korean actress Song Hye Kyo bought a five-story building with a land area of 493.72 square meters and a construction area of 246.6 square meters, at the entrance to the Hannam the Hill apartment complex - one of the most luxurious real estate areas in Seoul.
Song Hye Kyo bought this building in 2021 for 19.5 billion won (about 14.6 million USD).
At that time, the actress invested 11.5 billion won in cash, and the remaining 8.5 billion won through a bank loan. The real estate was purchased under her own name.
The total cost, including all incidental costs such as acquisition tax, legal fees and brokerage fees, is estimated at around 20.63 billion won.
According to sources, the building owned by Song Hye Kyo was first built in 1989 and has undergone many renovations. In 2014, it was rebuilt with 2 basements and 5 floors above ground.
Currently, several high-end restaurants and studios are renting the building for business.
When Song Hye Kyo bought this property, the land price was 130.57 million won per pyeong (equivalent to 3.3 m²), but it has now increased to 165 million won/pyeong.
The building's current market value is estimated at 25.53 billion won, 6 billion won (about $4.5 million) higher than its purchase price three years ago.
Song Hye Kyo is currently one of the highest paid actresses in the Korean entertainment industry.
In 2021, the beauty born in 1981 received a salary of 200 million won for 1 episode of a TV series. After the success of the movie "The Glory" in 2022, her salary is expected to continue to increase.
Profits from real estate investments further contribute to Song Hye Kyo's huge fortune.
