Building owned by TVXQ's Yunho (U-KNOW) has increased in value by over 24.5 billion won in 8 years!

TVXQ's Yunho (U-KNOW) is estimated to have made over 20 billion won in real estate profits. According to the real estate industry on the 29th, Yunho (U-KNOW) bought a house in Songpa, Seoul in October 2016.
The company purchased the building in Pungnap-dong, Pa-gu for 16.3 billion won. The building, which was completed in 1983, has one basement floor and five aboveground floors, a land area of 1320 pyong, and a building area of 636 pyong.
It was built with a total floor area of 1,186 pyeong. It is located in front of Exit 9 of Cheonho Station, which is very close to the station. Currently, Samsung Life Insurance is located in this building.
Diagonally across is the Hyundai Department Store's Cheonho branch.
It was reported that the building was purchased under the name of a family corporation, of which Yunho (U-KNOW)'s father is the CEO.
Of the purchase price of 16.3 billion won, 12.7 billion won was invested in cash and the remaining 3.6 billion won was borrowed.
The purchase cost, including acquisition tax, legal fees, brokerage fees, and other incidental expenses, is approximately
It is estimated to be worth 17.3 billion won. Kim Kyung-hyun, a real estate agent at Building Road Real Estate Brokerage, said, "When we estimated based on nearby transactions, the building owned by Yunho (U-KNOW) was worth 17.3 billion won at the time of purchase in 2016.
In comparison, we can expect to make more than 24.5 billion yen in market profits over eight years."