Broadcaster Yoo Jae-suk has become a major player in Gangnam real estate.
On the 13th, a media outlet reported, citing real estate registry copies and building permit statistics, that Yoo Jae-suk is recently building a structure with three basement floors and four aboveground floors on land in Nonhyeon-dong, Gangnam District, Seoul, under his name.
The building, registered as "neighborhood living facility," has a site area of 573.7㎡(173 pyeong) and a total floor area of 1653.55㎡(500 pyeong). Construction began in May last year and is scheduled to be completed around Feb. 2026. In relation to this, the real estate industry expects it to be used for rental businesses such as company offices. In fact, Yoo Jae-suk registered as a real estate business operator under the name JS607 in Nov. 2023.
Nonhyeon-dong is an area with high demand from entertainment companies. It is widely known to the public as the location of Antenna's headquarters, where Yoo Jae-suk belongs, and Eggs Is Coming, the production company that PD Na Young-seok belongs to.
In June 2023, Yoo Jae-suk purchased a parcel of land with a site area of 298.5㎡(90.3 pyeong) and a parcel with a site area of 275.2㎡(83.2 pyeong) for 11.6 billion won and 8.2 billion won respectively, paying the full amounts in cash. The land bought for 8.2 billion won included a more than 20-year-old four-story multiunit dwelling, but Yoo Jae-suk evicted all tenants and combined the two parcels to construct a new building.
Yoo Jae-suk has long been mentioned as the top-earning variety show star, but he was known to keep his distance from real estate investment. Even during his time on "Infinite Challenge," when he was reborn as the "national MC," he reportedly lived for more than 15 years in a jeonse at the Hyundai Apartment in Apgujeong-dong, Gangnam District, Seoul.
However, starting with the purchase of the land in Nonhyeon-dong that is currently under construction, he has reemerged as a major player in the real estate market. He not only bought land worth more than 20 billion won entirely in cash but also purchased a newly built luxury residential penthouse nearby for 8.6657 billion won. In addition, he is reported to own a 2nd-phase Hyundai Apartment in Apgujeong-dong with an exclusive area of 196㎡.
Yoo Jae-suk continues to be actively involved in various activities. He currently appears on the MBC variety show "Hangout with Yoo," as well as SBS's "Running Man," tvN's "You Quiz on the Block," and is set to release a new Netflix variety show, "Yoo Jae-suk Camp." He is also the major shareholder of his agency Antenna and showcases diverse content through Antenna's YouTube channel DdeunDdeun with the web variety show "Pinggego."
[Photo] OSEN DB.
[OSEN]