According to reports from the real estate industry and Supreme Court Registry, on December 17, Song Kang purchased a 227㎡ (about 69 pyeong) unit in Seoul Forest Hillstate in Seongsu-dong 2-ga, Seongdong District, for KRW6.7 billion at the end of June. Registration of the property was completed last month, marking the highest transaction price since the complex was first developed.
Registry records show a maximum secured loan amount of approximately KRW 4.6 billion. Given that the mortgage collateral is generally set at 110-120% of the loan value, Song Kang is estimated to have borrowed up to KRW 4.2 billion, or approximately 60% of the property’s purchase price.
Although new government regulations introduced on June 27 capped mortgage loans for the purchase of metropolitan housing at KRW600 million, Song Kang reportedly signed the purchase contract on the same day the policy was announced, allowing him to avoid the new restrictions.
Seoul Forest Hillstate is a well-known luxury apartment complex that has helped transform Seongsu-dong from an industrial area full of small factories into one of Seoul’s most desirable luxury residential neighborhoods. Together with Trimage, Acro Seoul Forest and Galleria Foret, the complex has played a key role in redefining the neighborhood’s image as a high-end residential hub.
The apartment complex is also historically significant as it is the first project where Hyundai Engineering & Construction introduced its “Hillstate” brand in 2006. Designed as a premium flagship development, it features advanced floor plans, landscaped gardens and high-rise units offering panoramic views of the Han River.
Numerous celebrities are known to reside in the area, including actors Namgoong Min and Lee Sang-yoon, singer-actor Eric, Yook Sung-jae, and former Major League Baseball pitcher Park Chan-ho, further solidifying the neighborhood’s reputation as a celebrity enclave.
Song Kang made his acting debut in 2017 through the tvN drama The liar and his lover and quickly gained attention for his striking visuals, often compared to Yook Sung-jae early in his career. He subsequently consolidated his status as a leading actor through successful projects such as Sweet home AND My demonbuilding a diverse and constantly growing filmography.
Now in his eighth year since debuting, Song Kang completed his mandatory military service as an active duty soldier, enlisting in April last year and being discharged as a sergeant in October. Despite the hiatus, his popularity remains strong, as evidenced by his first post-discharge fan meeting which sold out all sessions.
Sources: Nate News
