Song Hye Kyo Recently Made Over $2 Million From This Real Estate Move

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Korea’s real estate market has been on a meteoric rise.

Screen Shot 2022-08-05 at 12.40.53 PMSouth Korean home prices | globalpropertyguide

According to index Statista, housing prices in Seoul were up 40% in just the last two years alone.

8690b5292afba1d532378dbd277e2ef9Apartment in Seoul | Cyprus

The housing prices have been exasperated by the Korean bank’s relatively lax loaning practices and an influx of foreign investors.

78962_73541_523Apartment in Seoul | Insight Korea

Although this has led to many Koreans fearing a bubble, many of your favorite Korean celebrities are cashing in.

International actress Song Hye Ko is one of these celebrities. According to reports, star actress Song Hye Kyo recently sold a building that netted her a profit of ₩2.90 billion KRW (about $2.23 million USD).

Screen Shot 2022-08-05 at 1.23.55 PMSong Hye Kyo | KBS

On August 4, KBS‘s Entertainment Company Live reported on celebrities and their most recent real estate deals.

According to the episode, Song Hye Kyo bought a private home that was previously owned by star couple Cha In Pyo and Shin Aera in 2005, for ₩5.00 billion KRW (about $3.84 million USD).

Screen Shot 2022-08-05 at 1.24.26 PMCha In Pyo (left) Shin Aera (right) and Song Hye Kyo (far right) | KBS

Cha In Pyo and Shin Aera were two of Korea’s biggest actors in the late 80s and during the 90s. The couple married in 1995 and are well-regarded in Korea as philanthropists.

1050254_387867_2927Shin Aera (left) and Cha In Pyo (right) wedding photo | Yonhap News

20190619505458_(1)Shin Aera (left) and Cha In Pyo (right) today | Hankyung

After three years on the market, the house was bought in 2022 for a whopping [7900000000[/krw]. The deal saw the actress make a profit of 2900000000[/krw].

292509131_706560290422235_8057390465415657999_n| @kyo1122/Instagram

292612180_2010945565960110_6353587788480168682_n| @kyo1122/Instagram

Song Hye Kyo is one of Korea’s most successful actresses in the industry’s history. The actress debuted in 1996 and instantly shot to fame in the drama Autumn In My Heart and became internationally renowned through the rom-com classic Full House.

294748377_509675410912868_34626050008477413_n| @kyo1122/Instagram

295074148_472920387997230_8695164518245026857_n| @kyo1122/Instagram

The actress would later cement her status as a blockbuster juggernaut through international hit dramas That Winter, The Wind Blows, and Descendants Of The Sun. The actress most recently starred in the 2022 drama Now, We Are Breaking Up.

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