He purchased the house in 2020.
It was recently revealed by Herald Corporationhat BTS JungkookThe house has increased in value to approximately ₩10.0 billion KRW (approximately $7.52 million USD) in less than four years. He previously purchased a house located in Itaewon, Seoul in December 2020. At the time, it was worth ₩7.63 billion KRW (approximately $5.74 million USD). He demolished the house and received a building permit in 2021 to build a new building with two underground floors and three above-ground floors.
As of 2024, the house is said to be in the final stages of construction. It is unclear whether Jungkook is building the house for investment or to live in. The current asking price for the property is at least ₩8.00 billion KRW (about $6.02 million USD) and can go up to ₩10.0 billion KRW (about $7.52 million USD), according to a representative of Anbu Real Estate Brokerage, a real estate agency in the Itaewon area. The location is said to be known as the home of business tycoons. Properties in the area are also hard to come by, so people looking for single-family homes in Itaewon often watch the area like a hawk and are willing to pay a high price.
Jungkook’s property is located in a prime area, a 10-minute walk from Itaewon and Noksapyeong stations. The surrounding area is also known as the “Beverly Hills of Korea”, with several embassies and luxury homes in the surrounding area. It is also in close proximity to international schools and Hannam-dong, where many prestigious families, including South Korean chaebols, live.
Below you can find out more about his property.
Behind the scenes
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