ASTRO’s Cha Eun Woo purchases a 4.9 Billion KRW ($4.15 Million) apartment in cash

ASTRO’s Cha Eun Woo recently purchased a 4.9 billion KRW (~4.15 million USD) apartment in Cheongdam-dong in Gangnam.

According to a report by Biz Hankook, Cha Eun Woo purchased an apartment at the luxurious Ville Polaris Penthouse in cash and without a loan. This has brought about much envy as he was able to buy a luxury home at the young age of 24.

According to reports, Ville Polaris Penthouses only has one apartment unit per floor, which allows for maximum privacy. In addition, it was reported that Cha Eun Woo’s apartment has four bedrooms and three bathrooms.

The person who sold the apartment to Cha Eun Woo is Choi Chi Hoon, the chairman of the board of directors of Samsung’s construction arm, the Samsung C&T Corporation. It has also been reported that actress Park Min Young also lives at the Ville Polaris Penthouse.

The house price in Cheongdam-dong ward, Gangnam, Seoul, Korea of ​​actor Cha Eunwoo – who is known as ‘face genius’ because of his outstanding beauty, is increasing rapidly. It is predicted that house prices will continue to increase steadily in the near future.

According to the real estate industry on April 21, Cha Eunwoo lives in a 166.01m2 penthouse apartment in ‘Bill Polaris’ Penthouse. This Penthouse has a view of the Han River, includes 4 bedrooms and 3 bathrooms, Eunwoo bought in July 2021 and paid 4.9 billion won completely in cash.

In general, high-end villas have large price differences depending on the number of floors, the higher the number of floors, the higher the price. Considering that Cha Eunwoo’s house is increasing in price, the current market price may exceed 6 billion won. Market profit is expected to reach more than 1 billion won within 3 years from buying the house.

In particular, luxury houses with views of the Han River are in limited supply, so the scarcity will certainly increase over time. In addition, real estate experts explain that Cheongdam-dong has all the infrastructure, including transportation, culture, medical care, education and safety, so demand is basically undiminished. decrease and therefore housing prices will certainly continue to increase. However, most of these high-end houses are traded for residential purposes, not investment purposes, buyers will not value the profits of the real estate market because they earn enough income from their jobs. my own.