Jang Yoon-jung bought a 12 billion penthouse building in Itaewon for 4.2 billion won.

by times news cr
ⓒNewsis

It has been reported that⁢ singer Jang Yoon-jung has become the owner of a building in Itaewon.

According to Herald Economy on the 3rd, Jang Yoon-jung purchased a ⁤small building​ in Itaewon-dong, Yongsan-gu, Seoul for ⁣4.15 ‍billion won last June. This is about two months after purchasing the penthouse ⁣’Aper Hangang’ located in Seobinggo-dong, Yongsan-gu, Seoul in⁢ April for 12 billion won entirely in cash.

The ​Little Building, which Jang Yun-jeong purchased for approximately 4.15 billion won in her personal name, is a building​ with one basement floor and ‌two floors above ground located on Noksapyeong-daero.

The building, completed in 1975, has a land area of ​​​152㎡ (approximately 46 pyeong) and a total floor area of ​​152.34㎡ (approximately 46⁢ pyeong). ⁤

It is a type 1 ‍neighborhood living facility built in a type 2 general residential area, and all three floors are registered as retail‌ stores. Currently, a fence with a door lock surrounds the front of the ⁢building, which is believed to have been installed after the transaction in June.

Jang Yoon-jeong purchased ‍the​ building for⁤ approximately 90.26 million won⁣ per 3.3 m2 of land. ⁣

On July 12, one ‍month ‍after ​the sales contract ‍was signed, the balance was⁢ paid and ownership was transferred.

A commercial ‌bank lien with a maximum bond​ amount of 3 billion won ⁤has ⁤been established, and considering that the maximum ‍bond amount⁤ is usually set at 120% ​of the⁢ loan amount, it is presumed that the⁢ building was ⁣purchased by borrowing ⁢2.5 billion won.

Meanwhile, ⁤the ⁣couple ⁤Jang Yoon-jung and broadcaster Do Kyung-wan purchased the Han River view⁤ penthouse Aper Hangang located in‌ Seobinggo-dong for 12 ‍billion won in cash. The transfer of ownership was completed last April. This ‍place ⁢has a duplex structure and‌ an ‍exclusive ​area of ​​273.98㎡.

The couple Jang Yoon-jeong and Do Kyung-wan sold Nine One‌ Hannam Apartment (exclusive area of ​​244㎡) in Hannam-dong, Yongsan-gu, Seoul last April for about 12 billion won. By selling ⁣this house, Jang Yoon-jeong and his ‍wife ‌made a market profit of 7 billion ⁢won.

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    Time.news⁤ Interview: Real Estate Insights‌ with Expert Lee Su-min

    Time.news Editor: Welcome, everyone! Today, we’re delving into the fascinating world of ⁣real estate ownership by celebrities, specifically focusing ​on the recent acquisition by singer Jang Yoon-jung. With me is real estate expert Lee Su-min. Lee, thank you for joining us!

    Lee Su-min: Thank you ‌for having me! It’s great to‍ be here.

    Editor: So, ‍Jang Yoon-jung recently purchased a building in Itaewon for 4.15 billion won. What’s your take on this move?

    Lee⁣ Su-min: Well, this is a significant investment ⁢for any individual, let alone a celebrity. Itaewon is a vibrant area in Seoul known for its diverse culture and nightlife, which makes it an⁢ appealing location for commercial​ real estate.

    Editor: Absolutely! And she bought this small building with retail stores registered on all floors. What does this mean in terms of potential​ returns?

    Lee Su-min: Investing in ⁣a building with retail spaces can be quite lucrative. Retail properties typically⁢ offer stable income through rent. Given the location in Itaewon, Jang Yoon-jung might expect strong demand from tenants. ⁤If she manages the property well, the ⁣cash flow​ could be quite favorable.

    Editor: It’s interesting that ‍she also purchased a penthouse for ‌12‍ billion won just a few months prior.⁣ How does this reflect a trend we’re seeing among celebrities in⁣ property investments?

    Lee Su-min: Definitely!⁢ There’s an increasing trend of celebrities ⁤diversifying their⁣ income through real estate. This is often seen as a safer asset compared to other investments, especially with the current economic climate. By investing in both⁣ residential‍ and ⁤commercial​ properties, Jang Yoon-jung‍ is hedging her bets.

    Editor: It’s a smart strategy. ⁣Now, in her recent purchase, it seems like there was some ⁢financing involved too,‌ with a ⁢commercial bank lien of up to 3 billion won. What can you tell us about that?

    Lee⁤ Su-min: Yes, typically, investors leverage loans to increase their purchasing power. In Jang’s case, borrowing 2.5 billion won, while substantial, is a ‍common practice in real estate, especially for high-value properties. It allows her to retain liquidity while still making significant investments.

    Editor: The building was completed⁤ in 1975 and the ‌land area is about 152 square meters. How does the age and size of a property factor into its value?

    Lee ‌Su-min: The age of a property can influence its value significantly. Older buildings may require more maintenance or renovation, which can impact cash flow. ⁢However, in prime locations like Itaewon, even older buildings can be attractive ⁢for their potential. Size also plays a role; smaller‌ properties often have lower initial costs but⁣ may offer less rental income.

    Editor: ⁢That makes​ a lot of sense. And Jang Yoon-jung’s previous sale of her residence in Hannam-dong at a profit of around 7 billion won adds another layer, doesn’t it?

    Lee Su-min: Absolutely! It shows she has⁣ a good grasp of the real estate market. Realizing‍ a profit like that from a property sale indicates an astute understanding⁢ of market dynamics. It ‍certainly ‌positions⁤ her as a savvy investor in the real estate space.

    Editor: It’s all very intriguing! ‌Before we wrap up, do you think we’ll see more‍ celebrities making similar moves in the future?

    Lee Su-min: ‍Without a doubt. As the⁢ market evolves, and as more people seek stable, ​appreciating assets, I expect celebrities will continue to invest in real estate. It​ provides not just financial security but also a​ diversified portfolio, which is essential in today’s economy.

    Editor: Thank you, Lee, for sharing⁣ your insights with us today! It’s always a pleasure.

    Lee Su-min: Thank you for having me! It was a pleasure discussing this topic.

    Editor: And thank you to our readers for tuning in! Stay⁣ with Time.news for more engaging interviews and updates on‌ the latest ⁤in⁤ real estate and celebrity news.

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