K-drama star Song Hye Kyo scores $4 million profit on Seoul real estate

By: Shawn
Actress Song Hye Kyo has reportedly increased her net worth by ₩6.00 billion KRW (about $4.50 million USD) without doing any job.

Song Hye Kyo.
kyo1122/Instagram

According to News1, the actress made those millions of dollars from her real estate investment in just three years. According to data from real estate agency structure Road, Song Hye Kyo purchased a five-story structure with a land area of 149.35 pyeong and a building area of 74.61 pyeong near the entrance to the Hannam the Hill apartment complex, one of Seoul's poshest real estate. In 2021, Song paid ₩19.5 billion KRW (about $14.6 million USD).

At the time of the acquisition, the actress invested ₩11.5 billion KRW (approximately $8.63 million USD) in cash and the rest through a bank loan. The property was purchased in her own name.

Song purchased the property for ₩131 million KRW (about $98,000 USD) per pyeong, which has now escalated to ₩165 million KRW (approx. $124,000 USD). Because the building is old, dating back to 1989, the property's worth is virtually entirely determined by the price of the land. Song's building is now valued at ₩25.5 billion KRW (about $19.2 million USD), a significant increase from her purchase price three years ago.

While Song Hye Kyo is already one of the highest-paid actresses in the Korean entertainment industry, her real estate revenues appear to have increased her wealth significantly!

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