Celebrity

Big3 take the TOP3 spots in rankings of entertainment companies with the most expensive buildings while HYPE ranked at No.10

YG Entertainment was selected as the entertainment with the most expensive building.

The “Woman Running the Chart” section of KBS 2TV’s “Entertainment Weekly Live,” which aired on November 5th, talked about the “An agency with the building worth hundreds of millions won”

Big3 take the TOP3 spots in rankings of entertainment companies with the most expensive buildings while HYPE ranked at No.10

The no.1, YG Entertainment, purchased a building located in Hapjeong-dong, Mapo-gu, Seoul at an auction for 2.8 billion won, and built a new building on this site, which is near their old building in Hapjeong-dong. Its value is known to be around 180 billion won. In 2016, Mapo-gu signed an agreement with YG Entertainment to make Hapjeong-dong a “complex tourist space.” The combined estimated value of YG Entertainment’s two buildings is known to be about 200 billion won.

Second place, SM Entertainment, placed its headquarters in Seongsu-dong. The office building standing tall between the Seoul Forest is said to be “so wide that it is called a kwangya (a wide field.” The value of the SM new building, which is leased and used from the 6th to 19th floors, is about 600 billion won, and the monthly rent alone is 600 million won. SM also recorded a total real estate value of 135.3 billion won, including the 40 billion won building Cheongdam-dong and the 90 billion won building in Apgujeong.

JYP Entertainment, which has a building with four basement floors and 10 ground floors, ranked third. Park Jin-young once boasted, “It is made of eco-friendly materials that do not produce any toxins, and oxygen supplies are turned on throughout the building.” The estimated value of JYP’s building is 43 billion won.

At the 4th, 5th, 6th, 7th, 8th, 9th place are respectively Hook Entertainment, Brave Entertainment, FNC Entertainment, P-Nation Entertainment, BH Entertainment and Athena Entertainment. These are all very successful companies in their fields.

Unexpectedly, HYPE, BTS‘s agency, was ranked 10th. Sixteen years after its foundation, Big Hit changed its name to HYPE and moved to Yongsan-gu, Seoul in March. The office building with seven basement floors and 19 ground floors alone has more than 1,000 employees. This building boasted a resting garden and a resting area. The value of HYPE’s office building is estimated to be about 600 billion won. Big Hit leases and uses the entire office building. It is reported that the monthly rent is 1.7 billion won.

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