According to a report on the 10th, G-DRAGON moved the 6-story building with a land area of about 328m2, located in Cheongdam-dong, for 8.8 billion won in November 2017.
It was purchased for 50 million won (91.97 million won per pyeong). It was purchased under a personal name, but the maximum amount of debt is 3.6 billion won.
The loan amounted to 3 billion won and the purchase was made with 5.85 billion won in cash.
The rent has increased significantly since the purchase seven years ago.
The current rate of return based on the purchase price is expected to be around 5%. The media outlet said, "If we estimate the recent market price, it has risen by at least 8 billion won. There are also other properties in the area that are priced at 100 million won per pyeong.
There have been several cases where the property was traded for between 80 million and 250 million won.
The building was named "March Rabbit" and was built with the concept of a rabbit guiding visitors to a wonderland. It received the Grand Prize for Architecture from the Gangnam-gu Office and has been featured in the world's top 100 magazines by foreign media.
It has also been introduced as a beautiful building. Meanwhile, G-DRAGON was appointed honorary chairman of the JusPeace Foundation on the 5th.
The foundation aims to promote the public use of copyrights, sponsor creative artists, support creators who engage in public welfare activities, promote art healing and mental health through the arts, and provide musical therapy support for juvenile drug addicts.
We plan to expand this.
By 編集部 2024/08/10 23:09 KST
