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Jang Geun Suk revealed to have purchased a building worth $20 million USD

Posted by alim17311 pts Monday, January 19, 2015
Jang Geun Suk

It appears to be the prime season for Hallyu stars purchasing expensive buildings! Jaejoong recently impressed with the purchase of a building worth approximately $7 million USD.  Now, actor Jang Geun Suk was reported to have done the same, except his building was bought for a whopping 21.3 billion KRW (~ 20 million USD)!


This information is based on the building enterprise on January 19, which revealed that Jang Geun Suk purchased this building located in Samseong-dong, Gangnam-gu, Seoul with 823 sq. meter (~ 9,000 sq. ft.), gross floor area 4,221 sq. meter (~ 45,000 sq. ft.), three underground floors, and six above ground floors.  Built back in 1992, the state of the building was reported to be very good.  


SEE ALSO: Jaejoong reported to have purchased a building worth million USD



The contract gives 95% of equity to Mr. Jang while the remaining 5% goes toward another family.  It was reported that come March, the value of the building was expected to increase with the opening of an extended subway line nearby.


People showed concern about whether it was possible the agency, after getting entangled in the actor's tax controversy, was stretching the meaning of this building purchase.  His agency rep said, "He received a loan, so he purchased it. There is no connection to this tax case."

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