Park Min-young’s family-owned company purchased a building with a market value exceeding 100 billion won

Park Min-young’s family-owned company purchased a building with a market value exceeding 100 billion won.

Park Min-young‘s family-owned company, where she serves as an internal director, purchased a building in Amsa-dong, Gangdong-gu, Seoul in April 2018. At the time, the purchase price was 4.385 billion won, approximately 34 million won per pyeong.

Accordingly, Park Min-young’s family-owned company set the maximum amount of bonds at 30 billion won immediately after paying the remaining balance for the building. Considering that the maximum amount of bonds is typically set at 120% of the loan level, it is estimated that they borrowed about 25 billion won.

Additionally, assuming that the construction cost at the time, based on the floor area of 408 pyeong, was approximately 6 million won per 3.3 square meters, the construction cost is estimated to be around 24 billion won.

Calculating the acquisition cost, which includes the land purchase price of 43.85 billion won, acquisition tax, brokerage fees of 250 million won, construction costs of 24 billion won, interest expenses, etc., the acquisition cost would be around 72 to 73 billion won.

The current market value of the building is approximately in the range of 110 billion won, and the estimated rental fee is reported to be 37 million won per month with a deposit of 500 million won. Based on the purchase price, the annual yield is approximately 4%.

Meanwhile, Park Min-young appeared in the cable channel tvN drama “Marry My Husband,” which concluded in February. “Marry My Husband” recorded the highest viewership rating of 12% (based on Nielsen Korea nationwide average), ranking first among all tvN Monday-Tuesday dramas in history, receiving much love.

However, Park Min-young’s relationship with Kang Jong-hyun, who is under suspicion as the actual owner of the virtual currency exchange Bithumb in 2022, was publicized, causing rumors. Despite announcing their breakup just two days after the dating rumor reports, she could not avoid damage to her image.

In January, Kang Jong-hyun underwent investigation as a reference by prosecutors regarding the fact that he used Park Min-young’s account for undisclosed purposes. Regarding this matter, her agency, Hook Entertainment, stated, “There is no evidence of involvement in illegal activities or gaining any benefits.”

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