1 month ago
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Jihyo, a prominent member of TWICE, recently made headlines with her smart real estate investment in Seongsu-dong, Seoul. She purchased a building for 4 billion KRW, which is about $3 million. This significant move highlights her financial skills and ambition in the competitive real estate market.
According to Herald Economy, Jihyo acquired this property in early March last year. The ownership transfer was completed quickly by the end of that month. Notably, there is no mortgage recorded, suggesting she paid in full. The building covers 152 square meters of land, with a total floor area of 330.21 square meters. This makes it a valuable asset in Seoul’s thriving market.
Jihyo’s new property is located in the vibrant Seongsu-dong area, known for its ongoing redevelopment. This neighborhood is expected to undergo significant changes, and Jihyo is anticipated to receive a large apartment unit upon completion. The building, constructed in 1986, has a basement and three floors. Currently, it houses a real estate agency, various restaurants, office spaces, and residential units.
Accessibility is a major advantage of this property. It is strategically placed within a bustling commercial district, featuring popular café streets. Additionally, it is within walking distance of Seongsu Station on Line 2. This prime location attracts foot traffic and provides convenient transport links, making it desirable for both commercial and residential use.
At just 28 years old, Jihyo has already established herself as a savvy property owner. Her ambitions extend beyond this investment. A month after her purchase, she registered as a housing rental business operator. This ensures compliance with local regulations, including a 5% cap on rent increases and mandatory insurance for deposits. Her proactive approach demonstrates her commitment to managing her investment responsibly while contributing to the rental market.
Jihyo’s entry into real estate reflects a growing trend among young celebrities diversifying their portfolios beyond entertainment. As she navigates this new venture, her fans and the public closely watch her journey. This not only showcases her personal growth but also her strategic approach to wealth management.
In conclusion, Jihyo’s real estate investment in Seongsu-dong marks a major milestone in her career. It demonstrates her financial acumen and ambition in the competitive real estate market. As she continues to expand her portfolio, her story inspires many young people, especially K-pop idols, to explore opportunities beyond their primary careers.
This article has been written by Kpopmap AI writer and while we have made efforts to ensure the accuracy of the article, there may be errors or inaccuracies.
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