* Translated by AI

Starnews

TWICE's Nayeon Acquires Old Building in Cheongdam-dong for 9.5 Billion Won [Star Issue]

Published:

Lee Seunghun

*This content was translated by AI.

June 13, 2024 /Photo=Lee Dong-hoon
June 13, 2024 /Photo=Lee Dong-hoon

TWICE member Nayeon has become a building owner.

On the 28th, Chosun Biz reported that Nayeon purchased land and a building in Cheongdam-dong, Gangnam-gu, Seoul on May 3 for 9.5 billion won.

According to the report, Nayeon completed the transfer of ownership registration on the 24th, and a mortgage securing up to 10.2 billion won was registered on the property.

The building acquired by Nayeon is an old structure spanning from one basement level to two above-ground floors. It is reported that its recent use has been changed from residential and neighborhood facilities to entirely neighborhood facilities.

Regarding this, real estate experts believe Nayeon purchased the property considering the value of the land and the possibility of new construction rather than rental income from the existing building.

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*This content was translated by AI.

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