First home bought for 19 billion won… Ok Ju-hyun's Hannam The Hill up for auction after just six months [Star Issue]

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Ok Ju-hyun, a member of the group Fin.K.L and a musical actress, reportedly had her high-end residence in Hannam-dong, Yongsan-gu, Seoul, known as "Hannam The Hill," which she purchased for 19 billion won, sent to court auction approximately six months after completing the transfer of ownership registration.

According to a report by Seoul Economy on the 29th, the Seoul Western District Court issued a decision to commence voluntary auction proceedings against Ok Ju-hyun's Hannam The Hill property on the 14th. Voluntary auction is a procedure applied for by a mortgagee to enforce their security interest when a debtor fails to fulfill secured debt obligations or in similar circumstances. The creditor who filed the auction application is Korea Financial Asset Management Daebu, with a claimed amount of approximately 2.17 billion won.

The registry shows four first-ranking mortgages established on the property, with total maximum claim amounts reaching 23.7 billion won. However, the specific reasons for debt default leading to the court auction application and the actual scale of the debt have not been confirmed.

The residence gained attention when Ok Ju-hyun purchased it for 19 billion won in April this year. According to the registry, Ok Ju-hyun signed a sales contract on May 7 last year and completed the transfer of ownership registration on April 10 this year. It is also known as her first home purchase.

The previous owner was Heo Hee-soo, president of SPC Group, who reportedly bought the property for 6.9 billion won in September 2015.

The outlet reported, "Currently, the case is at the auction commencement stage, and the appraised value, minimum bid price, and actual sale date have not yet been finalized. It is also possible that the auction may be withdrawn or the proceedings halted depending on future debt repayment or agreements with the creditor."

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*This content was translated by AI.View Original