Actor Jung Hae In has earned a massive profit from his real estate investment in Gangnam.
According to reports on September 8th, Jung Hae In bought a Hyosung Villa in Cheongdamdong for 4.4 billion KRW back in September 2018. The villa, which is a duplex, covers a total area of around 240 square meters.
Although Hyosung Villa is an older building, built nearly 40 years ago, its prime location and large land area make it a valuable property.
Just a 3-minute walk from Cheongdam Station, the villa also benefits from being close to Cheongdam Park, which is over 17,000 pyeong in size.
Recently, a similar 70-pyeong unit in Hyosung Villa was sold for 7 billion KRW in February 2022. A nearby development, Upper House Cheongdam 2, rebuilt from Jinheung Villa, was listed for more than 8.3 billion KRW for an 82.7-pyeong unit.
Kim Kyung Hyun, a real estate agent, explained, “Jung Hae In’s villa could easily sell for 1 billion KRW per pyeong. His property value has likely increased by at least 2.8 billion KRW over the past six years.”
Jung Hae In is currently starring in the tvN drama ‘Love Next Door’ and will also appear in the upcoming film ‘Veteran 2‘.
Source: [1]
