J-Hope from BTS has recently sold one of his properties in Seoul, and the profit he made from the deal is sure to leave everyone shocked. According to Nate News, the Killin’ It Girl singer has reportedly signed a deal worth 4 billion KRW (approximately Rs 25 crore) for the apartment.
For the unversed, Hobi had purchased the same property in Seongsu-dong, Seoul, for around 1.26 to 1.36 billion KRW (Rs. 8.6 crore). Now, the latest that we know is that he has made a total profit of over 2.70 billion KRW based on the house’s actual valuation and the price at which it was sold after years.
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The news about J-Hope’s 84-square-meter Trimage apartment unit was revealed in the office records of the Supreme Court registry. Well, that’s not the only property owned by the BTS member in South Korea. He also owns a 152-square-meter property in the same Trimage complex.
After accounting for a capital gains tax deduction of 1.04 billion KRW, the idol has officially boosted his net worth by 1.65 billion KRW (approximately ₹10.5 crore).
Why sell the property now?
Well, this decision taken by J-Hope is a rather strategic one. With ownership of multiple high-value properties in the prime neighborhoods of Seoul, including two additional apartments in the Apelbaum Hangang area, the BTS member may face the possibility of an increased property tax burden in 2026. It is believed that the K-pop idol has let go of one of his assets to reduce his tax liability while securing a hefty return on his investment.
Details of BTS’ upcoming activities
The BTS members, including J-Hope, have already announced their return next spring during a live stream and a formal announcement from their management agency. Reportedly, the release will be shortly followed by a world tour by the K-pop group, leaving fans humming with enthusiasm about the upcoming year.
The Bangtan Boys also released their first live CD, ‘PERMISSION TO DANCE ON STAGE’, in support of their most recent tour.