BTS’ V buys $10.3 million property in cash

BTS' V / Xportsnews

BTS member V is making headlines — not for music this time, but for real estate.

The K-pop superstar has reportedly purchased a luxury apartment in one of Seoul’s most exclusive neighborhoods and paid for it entirely in cash.

According to property registration records, V (whose real name Kim Tae-hyung) became the new owner of a property in PH129 (The Penthouse Cheongdam), a high-end residential complex in the affluent Cheongdam neighborhood in Gangnam District, for 14.2 billion won ($10.3 million).

A luxury home with no mortgage

The 273.96-square-meter apartment has five bedrooms and three bathrooms. Records show no mortgage or collateral was registered, indicating that V paid the full amount without taking out a loan — a rare move even among Korea’s wealthiest celebrities.

The purchase contract was reportedly signed in early May, about a month before V’s military discharge. He officially took ownership on Sept. 17, when the final payment was completed and the deed was transferred.

A celebrity-filled building

Completed in 2020, PH129 is known as one of Seoul’s most exclusive residential properties, with only 29 duplexes spanning from six underground floors to 20 stories above ground. The complex is home to several high-profile figures, including actors Jang Dong-gun and Ko So-young, golf champion Park In-bee and celebrity math lecturer Hyun Woo-jin.

The property’s prime location, small number of residents and strict privacy measures have made it a symbol of wealth and status in Korea’s luxury real estate market.

V’s new purchase is being widely discussed online, with fans and media pointing out that the global star’s all-cash deal underscores his immense financial power — and marks a new chapter in his post-military life as BTS gears up for a full-group comeback next year.

This article from Xportsnews is adapted by a generative AI system and edited by The Korea Times.