The old house of Song Joong Ki and Song Hye Kyo doubled in price compared to the original purchase price.
Actor Song Joong Ki and his ex-wife never lived together at the newlywed house in Itaewon. The two divorced before the house was completed.
On August 9, Money Today reported that the value of the house that actor Song Joong Ki owns in Itaewon-dong, Yongsan-gu, Seoul has doubled compared to the original purchase price.
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This property is also known as “the newlywed house of Song Joong Ki and Song Hye Kyo”. Experts said that the actor’s house is currently worth at least 20 billion won (about 15.3 million USD) due to the actual transaction price skyrocketing.
Song Joong Ki spent 10 billion won (about 7.6 million USD) to buy the house in November 2016. The actor demolished the original luxury villa and built a new building with 3 basements and 2 main floors. The area of the house is about 300 pyeong (about 992 m2).
However, the Descendants of the Sun couple have never lived here. The source said that after the wedding, the two moved to live temporarily at Song Hye Kyo’s house. The house is said to have been vacant for 5 years due to Song Joong Ki and Song Hye Kyo’s divorce before the house was completed.
Song Joong Ki is one of the wealthiest real estate owners in the Korean entertainment industry. The total value of real estate Song Joong Ki holds is estimated at 50 billion won (about 38.3 million USD).
Currently, the actor lives in the Nine One Hannam complex, which is known as the most expensive house in Korea with a selling price of about 9.5 billion won (about 7.2 million USD).
He owns an apartment in the high-end complex Eterno Cheongdam. The apartment is located in Cheongdam-dong, Seoul and is worth at least 15 billion won ($11.5 million) or more. The actor’s estate also includes a 165-square-foot home in Hawaii. The current price of the house is about 2.7 billion won (about 2 million USD).
