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Kim Soo-Hyun Offloads Galleria Fore Unit, Cites Long-Planned Sale as Legal Claims Mount

Kim said the disposal was scheduled before lawsuits began with provisional seizures on another apartment over a 3.1 billion KRW claim

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Overview

  • He sold a 170.98 square meter Galleria Fore apartment on July 3 for 8 billion KRW, nearly triple his 2014 purchase price of 3.02 billion KRW.
  • Sources close to Kim maintain the sale was arranged last year and was not driven by financial pressure from ongoing litigation.
  • He still owns two other Galleria Fore units, one of which is under provisional seizure following a combined 3.1 billion KRW claim by Classys and Cuckoo Malaysia.
  • Corporate advertisers have filed KRW 7.34 billion in damages suits under morality clauses tied to allegations of an underage relationship.
  • Kim’s legal team has filed defamation, coercion and stalking complaints against accusers, and Gangnam Police Station has reassigned the investigation team on the case.