• TXT Concert Tickets Hit Eye-Popping Million-Dollar Prices on Resale Platforms

    K-Pop fans were left in shock when ticket prices for TXT’s ongoing world tour were spotted on resale platforms with astonishingly high price tags, reaching upwards of $1 million each.

    TOMORROW X TOGETHER, commonly known as TXT, launched their third world tour, ACT: PROMISE, in Seoul on May 3.

    The tour includes performances across various major cities in the United States and Japan, with one of the key stops being Washington’s Capital One Arena on June 8.

    Originally, tickets were sold for up to a few hundred dollars — a typical price range for high-demand K-Pop concerts.

    However, the situation took a dramatic turn when two tickets were posted for sale at over a million dollars each. With taxes and service charges added, the total cost for these two tickets would exceed a staggering $2.6 million.

    This exorbitant listing, while likely unattainable, highlights a severe escalation in ticket scalping practices, particularly in the US market.

    The initial shock gave way to a mix of humor and frustration among TXT’s fanbase and beyond. Fans took to social media to express their dismay and crack jokes about the ludicrous prices.

    However, the underlying dissatisfaction with the current state of ticket resales is hard to miss.

    The “million-dollar” incident is not the first time K-Pop fans have voiced their discontent over inflated concert prices, which often put live events out of reach for many genuine fans.

    The problem of ticket scalping has been a recurring issue in the entertainment industry, including the K-Pop scene, and it often results in legislative attempts to curb these practices.

    Yet, as demonstrated by the recent absurd TXT ticket prices, effective solutions are still needed to protect fans from predatory pricing and ensure that live entertainment remains accessible to all.

    Meanwhile, the $1,030,000 USD tickets for TXT’s show in Washington are still available on Ticketmaster, in case any “lucky” fans are looking to buy.

    As the controversy continues, fans and industry insiders alike are eagerly awaiting a resolution to this escalating issue.

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  • Son Ye Jin builds a massive 24.4 billion KRW building in Gangnam, but it’s been empty for months - What happened?

    Top actress Son Ye Jin made a huge real estate move by building a brand-new commercial property in one of Seoul’s busiest areas—but shockingly, the building has been sitting empty for over six months!

    According to a report by News1 on March 9, Son Ye Jin purchased an old two-story commercial building near Gangnam Station in 2022 and transformed it into a modern five-story structure by June last year. However, despite the prime location, the building hasn’t secured any tenants yet!

    In August 2022, the actress spent 22.4 billion KRW to buy the 277.7㎡ (about 84-pyeong) property near Gangnam Station (Line 2). She immediately began reconstruction, and now, the new building spans five floors above ground plus a basement level, covering a total 724㎡ (219 pyeong).

    To fund the project, Son Ye Jin reportedly took out a 15 billion KRW loan, with the building’s maximum bond amount reaching 18 billion KRW.

    Even though Gangnam Station is one of the busiest areas in Seoul, real estate experts say the high rental prices are making it hard to find tenants.

    For example, the second floor rent is around 300,000 KRW per 3.3㎡ (one pyeong). That means a 30-pyeong space would cost about 9 million KRW per month, plus an additional 1 million KRW in management fees!

    Because of these steep rental costs, industry insiders believe potential tenants are hesitant to move in, causing delays in leasing out the space.

    With the building sitting empty for months, many are wondering if Son Ye Jin will adjust the rent to attract businesses. Will she strike a deal soon and turn this investment into a huge success, or will the property remain vacant even longer? Stay tuned!

    Source (1)