BTS’ Jungkook has reportedly made a remarkable profit of approximately 2.3 billion KRW from a real estate investment he made just four years ago. Known for his immense talent, Jungkook has also proven himself to be a savvy investor. His property, located in the prestigious Itaewon district, has appreciated significantly in value since he purchased it in 2020.
According to a report by Herald Economy on September 15, Jungkook’s detached house, which he bought for 7.63 billion KRW in December 2020, has now reached a market value of around 10 billion KRW. The property is situated in Yongsan-gu, a high-end area often referred to as the “Beverly Hills of South Korea.”
The house was purchased entirely in cash at a price of 39.59 million KRW per 3.3㎡ of land. At the time of purchase, the house had a land area of 637㎡ and a floor area of 230.74㎡, spread over two floors and a basement. In 2021, Jungkook obtained approval from the district office to reconstruct the property, expanding it to a building with three above-ground floors and two basement levels, with a total floor area of 1,161.04㎡.
The ongoing reconstruction has pushed the current market price to over 100 million KRW per 3.3㎡ of land, giving Jungkook a hefty profit margin. Located just 10 minutes from Itaewon Station, the area is renowned for its luxurious homes and embassies.
In addition to his real estate success, Jungkook has been busy with his career. He is currently completing his mandatory military service, which he began in December 2023 after the release of his solo debut album GOLDEN. He is expected to return in June 2025. Despite his service, Jungkook has remained active, releasing the track “Never Let Go” during BTS FESTA 2024 and launching his solo exhibition GOLDEN: The Moments in August 2024. His travel show with Jimin, Are You Sure?, also premiered on Disney+ globally in early August, keeping fans eagerly awaiting his next solo project.