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Girls' Generation's Yuri Reportedly Set for $5 Million Profit on Seoul Building Purchase
🇰🇷 South Korea /Economy & Trade

Girls' Generation's Yuri Reportedly Set for $5 Million Profit on Seoul Building Purchase

From Chosun Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News Sources not specified Context piece
  • K-pop star Yuri, formerly of Girls' Generation, is reportedly set to make a significant profit from a building she purchased in Seoul's Gangnam district.
  • She bought the five-story building in Nonhyeon-dong for 12.8 billion won in July 2020 and its value has since increased significantly.
  • The article contrasts her real estate investment with her reported simple lifestyle in Jeju Island.

K-pop singer Yuri, a former member of the iconic group Girls' Generation, is reportedly poised to achieve a substantial profit from a real estate investment in Seoul's affluent Gangnam district. Sources indicate that the building she acquired in Nonhyeon-dong for 12.8 billion won (approximately $9.5 million USD) six years ago is now valued at an estimated 19.8 billion won, potentially yielding a profit of 7 billion won (around $5.2 million USD).

The five-story structure, located near Hakdong Elementary School, was purchased by Yuri in July 2020. The property spans 481.1 square meters, with the initial purchase price per 3.3 square meters being a key detail highlighted.

This significant real estate venture stands in contrast to the "slow life" the singer has reportedly been enjoying for the past three years on Jeju Island, painting a picture of a multifaceted lifestyle that balances public celebrity with private investment and a more relaxed pace of living.

DistantNews Editorial

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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