Particle.news

Download on the App Store

BTSV Buys Cheongdam PH129 Penthouse for 14.2 Billion Won in Cash

Real estate records confirm a Sept. 17 ownership transfer at PH129, long ranked South Korea’s most expensive address.

Overview

  • Registry filings cited by The Korea Herald show the deal was completed on Sept. 17 after a contract signed in early May, with ownership transferred following final payment this month.
  • The price was 14.2 billion won (about $10.1 million), and no mortgage was recorded, with reports stating the purchase was paid entirely in cash.
  • The unit measures 273.96 square meters (about 2,951 sq ft) and features five bedrooms and three bathrooms with views of the Han River.
  • PH129, built in 2020 by Hyundai Engineering & Construction, contains 29 duplex units across 20 floors and has repeatedly topped rankings as the nation’s priciest residential property.
  • V joins a roster of celebrity homeowners at the building, with reported neighbors including Jang Dong-gun, Go So-young, Park In-bi, and Hyun Woo-jin, marking an upgrade from his 2018 $4.5 million apartment.