Suga’s family in BTS makes waves with multi-million dollar estate

Suga’s family in BTS makes waves with multi-million dollar estate

The news broke recently BTS Suga’s mother owns a substantial 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 (approximately $11.8 million USD). Construction of the building took two years and was completed this year, placing it right in the heart of Hannam District 3, an area currently undergoing major 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 direct involvement in this real estate investment. Reports indicate that the purchase price was approximately ₩10.8 billion KRW (approximately $7.37 million USD), which experts believe may have been a strategic move to take advantage of the ongoing redevelopment in the area.

Interestingly, the building’s first-floor tenant is Suga’s older brother, who recently opened his own restaurant, Chompi, adding a personal touch to the family property. Fans have noted that the location is prime for both trading and investment purposes, making it a potentially profitable family business.

Industry experts speculated that the purchase was not just for personal use, but also a calculated move to capitalize on the rising value of properties in Hannam-dong. With redevelopment projects underway, the property could see substantial appreciation in the coming years.

Despite the potential commercial benefits, netizens expressed divided reactions to the news. While some praised the family’s foresight, others questioned why a celebrity’s family’s personal financial issues were being reported. Online discussions on platforms like theqoo have included a range of reactions:

  • Beware of driving while intoxicated.
  • Do we really need to know?
  • So what? Why do they write about the family’s personal life?
  • OK…
  • They are normal people, is there a need to write news about them?
  • Honestly, I am very jealous of people who are family members of famous celebrities.
  • People with money know how to make more money.
  • I wouldn’t be surprised if they bought an island…I mean, they’re BTS.

While opinions remain mixed, it’s clear that the family’s real estate activities have sparked curiosity and speculation among fans. The media reportedly attempted to contact Nageum Co., Ltd for comment, but no official statement was released, leaving room for further rumors and discussion.

Sources: theqoo

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