Son Ye Jin gains 14 billion won in 3 years? Put up Sinsa-dong building for sale at 30 billion won
Actress Son Ye Jin put up the Seoul Gangnam building, which she bought for 16 billion won 3 years ago, for sale. The desired selling price is 30 billion won.
According to the real estate industry on July 5th, Son Ye Jin is looking for a new owner for the building she purchased under her name in July 2020.
Son Ye Jin bought this building for 16 billion won. This building has 2 basement floors and 6 ground floors, with a land area of 428.70㎡ and a total floor area of 1567㎡. The sale price per 3.3㎡ of land was around 123 million won.
Son Ye Jin recently selected Won Building as the financial advisor and put the building up for sale at 30 billion won. In other words, the price per 3.3㎡ of land nearly doubled after 3 years of purchase.
Regarding this, an industry insider explained, “This building is in a second-class general residential area, but it has the advantage of having a high floor area ratio of 238%. It was built in the 1990s, when the types were not subdivided, so it was possible to build a taller building.” There are also favorable traffic conditions such as the Wirye~Sinsa Line.
Won Building expects to receive at least 28.5 billion won (220 million won per 3.3㎡ of land) considering the location of the building and land prices in surrounding areas. This is because there have been quite a few cases in which nearby buildings with worse road conditions than this building have recently been sold for 200 million won per 3.3㎡ of land.
Lee Yoo Ra, director of Won Building, said, “The building has been preparing to be sold for a long time. There are evaluations that it’ll be difficult to sell at the desired selling price, but we’ll be able to receive up to 28.5 billion won.”
Meanwhile, Son Ye Jin owns a building with one basement floor and 2 ground floors in Yeoksam-dong. She signed a contract for 24.4 billion won in August last year and paid the balance on June 30th. The building has a maximum pledge amount of 18 billion won. Considering that the maximum pledge amount is usually set at 120% of the loan, the loan is estimated to be around 15 billion won.
Source: Nate
