BTS RM sold his Hannam-dong house for 5.8 billion won

After a year, BTS member RM (Rap Monster) sold his property in Hannam-dong, Yongsan-gu, gaining attention.

On May 25, the real estate magazine Sky Daily reported that “RM’s owned Hannam The Hill, located in Hannam-dong, Yongsan-gu, Seoul, was sold on March 5th.”

Accordingly, BTS’s leader, RM, purchased Hannam The Hill (exclusive area 232.062m²) for 4.9 billion won on November 13, 2019.  After that, he sold the house for 5.8 billion won in a year or so, and made a profit of 900 million won.  The timing of the transfer of ownership was announced on the 20th of this month.  The real estate industry analyzes that the property was sold before June 1, the base date of property tax, as being tax-conscious.

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Meanwhile, Hannam The Hill, on the site of the former Dankook University, is one of Korea’s best apartments. Hannam The Hill is made up of 600 houses in 32 buildings. It is home to famous celebrities such as actors Ji-seop So, Hyo-ju Han, Ju Ji-hoon, BTS RM.

BTS has used a Hannam The Hill house as a group living accommodation for members until 2019.  Then each of them became independent. RM and member Jin had lived there by buying houses at Hannam The Hill one by one.

Source: Nate

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