He had previously expressed his support for the girls.
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On September 15, 2024, Korean media reported that BTS JungkookThe purchased property has increased in value by about US$2 million. Herald Corp reported that it earned about KRW ₩10.0 billion (about US$7.52 million) in less than four years. Jungkook originally purchased the house in Itaewon, Seoul in December 2020 for KRW ₩7.63 billion (about US$5.74 million). After purchasing it, he demolished the existing structure and obtained a permit in 2021 to build a new property with two underground floors and three above-ground floors.
As of 2024, construction is nearly complete. It is unclear whether Jungkook intends to use the property as a personal residence or for investment purposes. The current asking price for the property ranges from at least ₩8.00 billion KRW (approximately $6.02 million USD) to as high as ₩10.0 billion KRW (approximately $7.52 million USD), according to a representative from Anbu Real Estate Brokerage, which specializes in the Itaewon area. The location is known for its wealthy residents, and properties in the area are scarce, leading potential buyers to monitor the market closely and be prepared to pay high prices.
Following media reports, many netizens found the timing disturbing. They called out HYBE for their alleged use of mediaplay to scold Jungkook for speaking out about NewJeans despite their recent issues with HYBE. The NewJeans girls had been livestreaming a guerrilla warfare, demanding that HYBE force them to respond to their request to reinstate ADOR to Min Hee Jin’s administration. Jungkook posted on Instagram using his dog Bam’s account in support of the girls.
BTS’ Jungkook Receives High Praise for Supporting NewJeans as HYBE Faces Intense Backlash
Netizens accused HYBE of intentionally leaking information about Jungkook’s real estate holdings in an attempt to bring him down.
- The timing LOL.
- Look at the timing LOL.
- Are they starting already?
- Pathetic-YBE.
- If it has to come to this, Jungkook, just run away…
- Wow, HYBE is doing this openly?
- If they were to write an article on this topic, then they would have to tell how Bang Si Hyuk’s Hannam-dong Villa has seen an increase of ₩3.00 billion KRW (approximately $2.26 million USD) in the last year.
News about celebrities’ real estate is usually met with criticism from the public, especially when it comes to profits. Netizens therefore suspect that HYBE is deliberately targeting Jungkook through such news articles, as he previously expressed support for NewJeans despite their battle against HYBE.
Behind the scenes
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