Recently, news broke that BTS Suga’s mother owns a substantial piece of real estate in Hannam-dong, Seoul, sparking a wave of discussion among fans and netizens.
According to reports, the property consisting of both land and a building has an estimated market value of approximately ₩17.3 billion KRW (around $11.8 million USD). Construction on the building took two years and was completed this year, placing it right in the heart of the Hannam District 3, an area currently undergoing significant redevelopment.
Court documents reveal that the property was purchased by Nageum Co., Ltd on December 29, 2022. The company, with no employees, is led by Suga’s mother, highlighting the family’s hands-on involvement in this real estate investment. Reports indicate that the purchase price was around ₩10.8 billion KRW (approximately $7.37 million USD), which experts believe may have been a strategic move to benefit from the ongoing redevelopment in the area.
Interestingly, the first-floor tenant of the building is Suga’s older brother, who recently opened his own restaurant, Chompi, adding a personal touch to the family-owned property. Fans have noted that the location is prime for both business and investment purposes, making it a potentially lucrative family venture.
Industry insiders have speculated that the purchase was not just for personal use but also a calculated move to capitalize on rising property values in Hannam-dong. With redevelopment projects underway, the property could see substantial appreciation over the next few years.
Despite the potential business advantages, netizens have expressed divided reactions to the news. While some praised the family’s foresight, others questioned why the personal financial matters of a celebrity’s family were being reported at all. Online discussions on platforms like theqoo included a variety of reactions:
- Watch out for drunk driving.
- Do we really have to know about this?
- So what? Why are they writing about the family’s personal life?
- Ok…
- They’re normal people, is there a need to write news about them?
- Honestly, I’m the most jealous of people who are family members of popular celebrities.
- People with money know how to make more with it.
- I wouldn’t be surprised if they bought an island…I mean, they are BTS.
While opinions remain mixed, it’s clear that the family’s real estate activities have sparked curiosity and speculation among fans. Media outlets reportedly tried to reach Nageum Co., Ltd for comment, but no official statement was given, leaving room for further rumor and discussion.
Sources: theqoo