Won Bin’s Savvy Real Estate Investments Make Huge Profit
Won Bin has made 1.9 billion won (approx. $1.7 million USD) in profits on his real estate investments in less than a year! The actor owns two buildings in Seoul – a rental building in the neighborhood of Seongsoo-dong and a house in Samseong-dong. The combined price of both was 4.45 billion won (approx. $4 million USD) last year. But now together the buildings are worth 6.35 billion won (approx. $5.6 million USD). Even industry experts are impressed!
Won Bin purchased the building in Seongsoo-dong on October 27, 2014 at 2.1 billion won (approx. $1.9 million USD). It’s a four-storey building with a basement, and is located near Seoul Forest. Today, the building is estimated to be worth around 3 billion won (approx. $2.7 million USD). The neighborhood is currently improving and growing, and so it’s a seller’s market. According to Park Jong Bok, the director of a real estate research institute, “After the period in which Won Bin bought the building, its value has steadily risen, and now it’s gone up over 900 million won (approx. $800,000 USD). It could fetch an even greater price.”
Won Bin purchased the house in Samseong-dong on July 1, 2014 for 2.35 billion won (approx. $2.1 million USD), but it’s now estimated at 3.5 billion won (approx. $3.1 million USD) in value. Most of the homes in the neighborhood are bought by the owners of large companies. Won Bin’s house is currently under renovation, and it’s expected that when the construction is completed it will be worth even more.
Park Jong Bok comments, “Since he has made this much profit, it’s probable that he’s listening to a good adviser. If he doesn’t have an adviser, then Won Bin is a true pro.”
The building in Seongsoo-dong is evaluated as being ideally located, as it’s close to the subway and not too far from the street. It’s said that it will make a lot of money from rental fees if it’s rented out to people who are looking for a safe and convenient place to live.
On the other hand, it seems that Won Bin might use the house in Samseong-dong as a personal residence. Most of the houses around it are used as single-family homes. It’s located in an area where Won Bin and Lee Na Young, who are known for keeping their private life secret, will be able to live without interruption. It was revealed before that Won Bin and Lee Na Young are currently living in their newlywed home in Bangbae-dong, but when the construction on the Samseong-dong house is completed, it’s highly likely that they will be moving in.
Won Bin and Lee Na Young’s agency is cautious about commenting on Won Bin’s real estate investment acumen. They confirm that the newlyweds are current living in their home in Bangbae-dong, but say that can’t confirm any speculation about them moving in the future.