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5h ago

BTS' V Purchases PH129 Cheongdam Penthouse for 14.2 Billion Won With No Mortgage Recorded

Registry entries indicate a May contract and an ownership transfer recorded in mid-September at Seoul’s most expensive residence.

BTS V Buys New Apartment Worth 14.2 Billion KRW, Reportedly Costliest Penthouse In Seoul - Deets About All Cash Purchase
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Overview

  • Real-estate records cited by Korean media list the transfer date as September 17 for the PH129 unit in Cheongdam-dong, Gangnam.
  • The transaction shows no registered mortgage or collateral loan, which outlets report as indicating a full cash payment.
  • The penthouse’s exclusive area is about 2,951 square feet with five bedrooms and three bathrooms in a 29-unit duplex development opened in 2020.
  • PH129 has been ranked South Korea’s costliest residential property since its launch, and V’s unit price equates to roughly $10.3 million.
  • The purchase marks a step up from V’s previously reported 2018 apartment buy of around $4.5 million, and places him among celebrity residents including Jang Dong-gun, Go So-young, Park In-bi, and Hyun Woo-jin.