Jennie, a member of K-pop group Blackpink, has reportedly purchased a building in central Seoul for 20 billion won (US$13.9 million), with industry sources saying the transaction was completed entirely in cash.
Jennie, a member of K-pop group Blackpink. Photo from Jennie’s Instagram |
According to The Korea Times on Feb. 12, citing investment banking and real estate sources, the property is located in Seoul’s Yongsan District. The deal was initiated in May last year, with ownership officially transferred in December.
The building, constructed in 1970, sits on a 595-square-meter plot and has a total floor area of 551.08 square meters. It comprises one basement level and two above-ground floors.
The surrounding area has been drawing attention amid major redevelopment projects, including the nearby Hannam New Town initiative and the creation of Yongsan Park, according to Korea JoongAng Daily. Several adjacent sites are also slated for high-end residential development, further boosting the district’s profile.
Jennie previously made headlines for her real estate investments. In 2023, she purchased a luxury villa in U.N. Village for 5 billion won, also reportedly in cash. Real estate outlet Mansion Global has described U.N. Village as a gated enclave of upscale villas and large homes set on hillside terrain overlooking the Han River and surrounding mountains.
Born Kim Jennie in Seoul, the 30-year-old studied in New Zealand for five years before returning to South Korea to debut with Blackpink in 2016. She launched her solo career in 2018 with the single “Solo.”
Comments are closed.