The Rise in Property Value
Recent reports from local news outlets reveal that Song Hye Kyo, the acclaimed South Korean actress, has experienced a significant surge in the value of one of her properties. Since its purchase in 2021, the property located within the prestigious Hannam the Hill apartment complex has appreciated by 6 billion won (approximately US$4.5 million).
Details of the Acquisition
According to the South Korean newspaper News1, Song Hye Kyo acquired the property for 19.5 billion won, approximately US$15 million, in 2021. The building, which spans over 494 square meters, is now valued at 25.5 billion won, marking a remarkable increase in the actress’s real estate portfolio within a short time. The property itself was constructed in 1989 and underwent significant renovations, culminating in a complete rebuild in 2014, resulting in two basement levels and four above-ground floors.
Song’s Diverse Real Estate Holdings
In addition to the Hannam the Hill property, Song Hye Kyo boasts a diverse portfolio that includes an upscale apartment in Seoul’s Gangnam district, a residence in New York, and various other properties. Her flourishing real estate assets complement her extensive career, which includes notable roles in hit dramas such as “Autumn in My Heart,” “Descendants of the Sun,” and “The Glory.” Having amassed a net worth exceeding US$20 million, according to GQ India, her recent achievements in real estate reflect her significant status not only in the entertainment industry but also in the property market.
