What's the bank loan? Shopping for cash on land in Mi-yeon, Jang Won-young, Jenny, and Yongsan [★FOCUS]

*This content was translated by AI.

Young & Rich have no loans.

Girl groups, which are gaining huge popularity in the global music market, have begun to turn to real estate.

According to a recent court registration copy, Mi-yeon, an i-dle member, signed a contract on the 3rd to purchase a generation of Yongsan Central Park located in Hangangro 3-ga, Yongsan-gu, Seoul for 5.05 billion won.

After that, Mi-yeon paid the balance on the 12th and completed the transfer of ownership. It is presumed that the transaction was made in full cash without loans from the financial sector as the collateral security rights were not established in the register.

Yongsan Central Park has up to 43 floors, five buildings, and a total of 1,140 households, and has been created in the form of a complex development that combines apartments, officetels, and commercial facilities. It has a view of the Han River and Yongsan Park at the same time, and has a location in the ultra-station area adjacent to Yongsan Station where subway lines 1 and 4 and KTX pass. The household purchased by Mi-yeon is a household with a dedicated area of 135㎡ on the 17th floor, and the new price just before the acreage is 4.3 billion won, which was traded in April 2024.

Jang Won-young, a member of IVE, also headed to Yongsan. In March last year, he purchased a Lucid house in Hannam-dong, Yongsan-gu, Seoul for 13.7 billion won. Jang Won-young is also presumed to be a cash purchase because a separate collateral security right has not been established in the register.

Lucid House is considered one of the best villas in the United Nations Village, with the sale price exceeding 4 billion won at the time of initial sale in 2007. As it consists of only 15 households in two buildings, it is equipped with a 24-hour security system and individual elevators as well as high scarcity. In addition to Jang Won-young, it is also the place where actor Kim Tae-hee lived before marrying Rain (real name Jung Ji-hoon).

BLACKPINK member Jenny bought the Yongsan building. In May last year, the company reportedly purchased a building in Dongbingo-dong, Yongsan-gu, Seoul for 20 billion won and completed the transfer of ownership in December of the same year. The real estate industry believes that Jenny purchased it in full cash because no separate collateral security rights were established in the register.

The building, which was completed in 1970, has one basement floor and two ground floors, with a price of 118 million won per pyeong. In East Bingo-dong, it is located in the northern area where the ambassador's residence is concentrated and is currently used as the Iraqi Embassy in Korea. In addition, Jenny drew attention by renting a new Hannam-dong building last year to set up an office for OA, a one-person agency. The monthly rent alone is reported to be more than 60 million won.

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*This content was translated by AI.