BIGBANG’s Daesung Reportedly Purchases Multi-Million Dollar Real Estate In Gangnam

2017-11-14 08:29:11 2017-11-14 08:29:11

BIGBANG’s Daesung has reportedly become the owner of a building that is estimated to be worth around 30 billion won (approximately $26.9 million).

According to real estate company Won Building, Daesung recently purchased a building in the Gangnam district of Seoul that has eight floors above ground and two floors below ground. The building is in a prime location, situated on a main road near Apgujeongrodeo Station.

The real estate in question is said to be valued at 31 billion won (approximately $27.8 million), with an added acquisition tax of 1.43 billion won (approximately $1.28 million). With rent costing approximately 90 million won (approximately $80,700) a month, Daesung’s annual rate of return from acquiring the building is expected to be around 4.4 percent.

Source (1)