The building in Hannam-dong, Yongsan-gu, Seoul, which was jointly owned by Lee Hyo-ri and Lee Sang-soon couple, has been sold.
According to the Maeil Economic Star Today report, Lee Hyo-ri and Lee Sang-soon sold their Hannam-dong building with one basement floor size (187㎡ of land space and 470㎡ of floor space) for 8.8 billion won last month, which was purchased for 5.82 billion won in September 2019. Considering the purchase amount and the sale amount alone, it is believed that the couple has earned 3 billion won in capital gains in three years.
A recent broadcast predicted the market price of the building was at 8.5 billion won, up 2.7 billion won in four years, but the actual transaction price is reported to be 8.8 billion won, 300 million more than expected.
The building was jointly named by Lee Hyo-ri and Lee Sang-soon, with 69% owned by Lee Hyo-ri and 31% owned by Lee Sang-soon. It is located on the back of Itaewon-ro between Itaewon Station and Hangangjin Station, and was remodeled in 2016 after being built in 1998.
Kim Nam-wook, director of Eitr Building Real Estate Brokerage, said, “The price per pyeong of the building sold this time is 155.23 million won,” adding, “Considering that the market price along Itaewon-ro Boulevard rose to about 200 million won per pyeong last year and about 300 million won per pyeong this year, it is believed that they have made a successful investment.”
Lee Hyo-ri sold her newlywed house in Jeju Island to JTBC for 1.43 billion won in 2018, and also sold her house in Nonhyeon-dong, Seoul, which she had held on for nearly 10 years the following year, for 3.8 billion won. Previously, her luxury residential and commercial complex apartment in Samsung-dong, Gangnam-gu which she bought in 2009, was sold to Park Gyu-ri, a former member of the girl group KARA, for 2.1 billion won in May 2017.
As a result, Lee Hyo-ri’s home sales assets alone are estimated to have reached 7.3 billion won.
Meanwhile, Lee Sang-soon recently opened a cafe under his name on Jeju Island, but temporarily suspended its business in two days due to the influx of tourists and was embroiled in various controversies as it became famous.
Later, Lee Sang-soon said, “It’s entirely my cafe.” He stressed that his wife, Lee Hyo-ri, had nothing to do with the cafe, and said that he will operate it on a reservation basis for the time being and will not visit the cafe during business hours.