South Korean superstar Ren aka Jung Ji-hoon has spent a huge amount of money to buy a new house which he will share with his wife Kim Tae-hee. According to reports, the star spent 92 billion KRW (about $80.6 million) to buy an eight-storey building in the middle of Gangnam. As reported by Korean news portals, the multi-talented artist bought the pad, which is only a two-minute walk from Seoul’s Gangnam station. The building is equipped with 881 pyong, which equates to 2,904 square meters of usable space. Providing rental services to several huge organizations, the building brings in monthly revenue of 200 million KRW (about US$175,000). It also has several enterprises in its premises, notably a hospital, an oriental medicine clinic, footwear, jewelery stores and cafes. In addition, Ren entered into a profit agreement with the sale of a total of 49.5 billion KRW ($43.4 million) from its building in Cheongdam-dong, which went into profit of approximately 30.0 billion KRW (approximately 26.3 million USD). On her work front, Ren is a popular South Korean star who excels in many fields like singing, dancing and acting. The singer’s musical career includes major hits, 7 albums in total, 28 singles, and several gigs overseas. The star gained immense popularity and garnered a huge fan base with his record-breaking song, ‘It’s Raining’ in 2004. He appeared in various plays showcasing his exceptional acting talent in ‘Full House’ and ‘Sang Do’. Let’s go to school.’
- Rain splurges 92 Billion on a plush new home!
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