The building purchased by TVXQ’s U-Know Yunho in 2016 was found to have increased in value by more than 20 billion won in 8 years.
According to News 1 on the 29th, U-Know Yunho signed a contract for a building located in Pungnap-dong, Songpa-gu, Seoul in October 2016 for 37.89 million won per 3.3㎡ of land, or a total of 16.3 billion won.
It is known that U-Know Yunho purchased the building in the name of a family corporation where his father is the CEO. Of the purchase price of 16.3 billion won, 12.7 billion won in cash was invested and the remaining 3.6 billion won was borrowed. The cost, including all incidental costs such as acquisition tax and brokerage fees, is estimated to be approximately 17.3 billion won.
The building, which was completed in 1983, has 1 underground floor and 5 above-ground floors, a land area of 430 pyeong, a building area of 189 pyeong, and a total floor area of 1,186 pyeong. It is located in front of exit 9 of Cheonho Station on metropolitan subway lines 5 and 8.
Samsung Life Insurance currently resides in this building, and diagonally across from it is the Hyundai Department Store Cheonho branch.
The media quoted Kim Kyeong-hyeon, an assistant manager at Building Road Real Estate Brokerage, as saying, “Estimated from nearby transactions, the U-Know Yunho Building is expected to see a market profit of more than 24.5 billion won in 8 years compared to the time of purchase in 2016.”
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2024-09-29 14:37:25