The monthly rent for the building is estimated at S$53,400. Son Ye Jin has been enjoying a surge of popularity due to her role in one of this yearâ€™s hottest K-dramas, Crash Landing on You. This has led to more lucrative endorsement deals and thus one big, fat bank account.
The building is located in a part of Seoulâ€™s famous upscale Gangnam district and it cost her 16bil won (S$19 million).
Ye Jin, 38 paid for the building with 4bil won (S$4.7million) in cash and took out a loan for the remaining amount of 12bil won (S$14.2million).
The building consists of six storeys and has a floor area of 1,567 sq.m. It houses plastic surgery clinics, makeup stores and beauty centres. The rent is estimated to be around 45mil won (S$53,400) a month, with a deposit fee of 500mil won (S$594,000).
The building is 22 years old, there is no renovation but it is well-maintained and located in a good area with a large floating population.
Ye Jin will be rolling in rental income in no time. This is not the first time the actress invested in property. About 5 years ago, she purchased a building in Mapo-gu district for 9.35bil won (SGD11.1million) and resold it three years later for 13.5bil won (SGD16million), netting her a sweet profit of 4bil won (SGD4.7million).
Guess we kinda know where part of the money she poured into her new venture came from.
In other news, filming for Ye Jinâ€™s Hollywood debutÂ CrossÂ is set to begin in April next year, with director Andrew Niccol and the production team arriving in Korea recently to prepare for the shoot.