Huge Proportion Of Assets Tied Up In Real Estate

176 Articles
Huge Proportion of Assets Tied Up in Real Estate
Facebook CSS

Huge Proportion of Assets Tied Up in Real Estate

Real estate holdings accounted for a whopping 74 percent of net household assets here as of last year, according to the Bank of Korea on Wednesday. In the U.S., U.K. and Japan the ratio stands at only between 35 to 55 percent.

The BOK said the total national wealth stood at W13.1 quadrillion as of the end of 2016, up 5.8 percent from the previous year (US$1=W1,127).

Of that, household net assets stood at W7.54 quadrillion, state assets at W3.54 quadrillion, non-financial corporations at W1.72 quadrillion and financial corporations at W275.6 trillion.

Idols With Most Expensive Real Estate Property In Seoul
Facebook CSS

Idols With Most Expensive Real Estate Property In Seoul

Idols are usually called a "walking business." They earn million of won every year. Several idols spend their money in buying real estate property.

Buying real estate properties is a growing trend among the idols. It serves as one of the idol's investment for their future.

We created a list of idols who owns most expensive real estate property in South Korea. It is based on the information available on the internet.

(Photo : Choi Kyuhyun/Viki)

Cho Kyuhyun owns a real estate heaven in Hawolgok, Seoul. According to Dispatch, Kyuhun's apartment suite has a market price of ₩12.1 billion or approximately $10.6 million in 2016.

Jun Ji Hyun Added Up Her Real Estate Collection, Buying A Big Building In Gangnam In Cash
Facebook CSS

Jun Ji Hyun Added Up Her Real Estate Collection, Buying A Big Building In Gangnam In Cash

Jun Ji Hyun is known to be really rich. This actress got her wealth from her hard work starring in many dramas and movies. She is known to be the big star in K-Pop industry. Recently, she was reported to purchase a building worth a huge amount of money.

On SBS's "One Night of TV Entertainment" aired on Apr. 18, it was reported that Jun Ji Hyun purchased a building in Gangnam worth 28 million USD. It was a great asset as it was close to the airport. Also, she paid the building in cash without asking for a loan, AllKpopreported.

10 Wealthiest Korean Stars In Terms Of Real Estate Holdings
Facebook CSS

10 Wealthiest Korean Stars In Terms Of Real Estate Holdings

Wealth can be measured in various ways, and real estate is a prime example.

During its April 18 broadcast, SBSs Night of Real Entertainment took a look at the 10 Korean celebrities who currently hold the most amount of real estate, after recent news of Jun Ji Hyuns recent purchase of a multi-million dollar building in the Gangnam district of Seoul.

Soompi.Display.News.English.300x250.BTFSoompi.Mobile.English.300x250.ATF

The actress now holds 77 billion won (approximately $67.7 million) worth of real estate, making her the second wealthiest in terms of property holdings. In a previous assessment back in 2014, Jun Ji Hyun was notably the only female in the list of wealthy stars based on similar factors, and had placed seventh at the time.

There Is Now A Real-Life BTS Portrait Exhibit and Its Huge
Facebook CSS

There Is Now A Real-Life BTS Portrait Exhibit and Its Huge

This gallery, dedicated to BTSs talented members is definitely a sight to behold.

ARMYs are always looking for new and exciting ways to show their love and appreciation for BTS and this Korean fansite has gone above and beyond with their most recent ambitious project.

The fansite has, in fact, created an art gallery entirely dedicated to Rap Monster and his fellow BTS members.

The art gallery, called RMoment, features scores of portraits of BTSs members hung from the ceiling.