RM sells his house for 5.8 billion won

BTS Courtesy of BigHit Entertaiment

BTS member RM has recently sold his house in Hannam-dong, Yongsan-gu, after owning it for about a year. The sale has attracted attention as RM was able to make a market profit of 900 million won by selling the house for 5.8 billion won, having bought it for 4.9 billion won in November 2019.

The transfer of ownership took place on March 20th, and it is speculated that the timing of the sale may have been motivated by taxes, as it occurred before the standard property tax date of June 1st. The property, known as Hannam The Hill, is one of the most expensive apartments in Korea, and is situated on the former site of Dankook University.

It consists of 32 buildings and 600 households, with famous celebrities such as actors So Ji-sub, Han Hyo-joo, Ju Ji-hoon, and BTS members RM and Jin having owned properties there. Until 2019, BTS used Hannam The Hill as their group accommodation, after which each member went on to purchase their own property.

Note: This article was originally posted on Nate and has been republished with the author’s permission.