Song Joong Ki & Song Hye Kyo’s Ex Marital Home Said To Have Doubled In Value To S$22M

Remember Song Joong Ki and ex-wife Song Hye Kyo’s rumoured marital home which the former tore down and rebuilt?

Well, it appears that the Itaewon mansion is now a gold mine as property prices in the upscale neighbourhood have shot up over the years.

Joong Ki bought the Itaewon mansion for 10bil won (S$11mil) in 2016

According to Korean media, the 36-year-old actor paid 10 billion won (S$11mil) for the property in 2016, before tying the knot with Hye Kyo, 38, in 2017.

The house, which has two storeys above ground and three underground levels, was reportedly supposed to be the couple’s love nest.

However, they divorced in 2019 before the house was fully furnished and have never lived in the property.

But all is not lost as Joong Ki can make a killing should he decide to sell the property.

According to real estate experts, the value of the house has more than doubled since he bought it five years ago.

A house in the neighbourhood was recently sold for 23bil won (S$24.3mil), and they reckon Joong Ki’s house could easily fetch 20bil won (S$22mil) now.

He's got a keen eye for property

We’re not the least bit surprised.

The actor, who reportedly owns 50bil won (S$53.6mil) of real estate, has always had a keen eye for property.

Home for Joong Ki is a 9,000 sq ft house in Itaewon which he bought for around 10bil won (S$11.7mil) in 2020. Yes, the one where he offered to give up 1,500 sq ft of the property so that the government could widen the road.

His house in the upscale Gangnam district was recently sold for 15bil won (S$16mil) and he also owns an apartment in Hawaii worth 2.7bil won (S$2.8mil).

Photos: PBE Media, TV Chosun