54

11

News

Park Min Young leaps into real estate success with an $8 million property

AKP STAFF
Posted by Alec06 Wednesday, April 10, 2024

Park Min Young, known for her roles in hit dramas such as "Sungkyunkwan Scandal," "City Hunter," and "What's Wrong with Secretary Kim," has reportedly made a significant leap in the real estate market, holding a building worth 11 billion won (approximately 8.46 million US dollars) and earning a rental income of approximately 37 million won (approximately $28,462 US dollars) per month, showcasing her savvy investment skills.

According to a report by News1, citing sources from the real estate industry on April 10, Park's family corporation acquired a building in Amsa-dong, Gangdong-gu, Seoul, in 2018 for 4.385 billion won. (approximately $3.37 million US dollars.)

Following an investment in construction costs, along with acquisition taxes and brokerage fees, the current market value of this building is said to be around 11 billion won.

The building's expected rental income is about 37 million won per month, translating to an annual yield of 4% based on the purchase price.

Park Min Young has been a beloved figure in the entertainment industry since her debut in the 2006 MBC sitcom "Unstoppable High Kick," and has continued to gain popularity through her performances in numerous drama hits. She recently starred in the drama "Marry My Husband," which has enjoyed syndromic popularity in the first half of this year.

  1. Park Min Young
10 10,346 Share 83% Upvoted
 
EliseMcUk
EliseMcUk252 pts Wednesday, April 10, 2024 0
Wednesday, April 10, 2024

Well done!

2 (+2 / -0)
Share
 
Doxa
Doxa8,172 pts Wednesday, April 10, 2024 0
Wednesday, April 10, 2024

Real Estate is always the best investment

0 (+0 / -0)
Share

SHOW ALL COMMENTS

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
Song Joong Ki
Jang Na Ra, Kim Tae Ri
JooE
Jungkook
misc.
misc.
Song Joong Ki
BTS, Jungkook
Ken
Dreamcatcher
Jungkook
BTS, Jungkook
Karina, Yujin
Jang Na Ra, Kim Tae Ri
JooE
New Message

SEND