Purchased 332m² Duplex Unit; 12.3 Billion Won Mortgage Registered
Breaks BTS Jin's 17.5 Billion Won Record for Highest Price

Singer and musical actress Joo-Hyun Ok has moved into Hannam The Hill, a luxury residential complex in Hannam-dong, Yongsan-gu, one of Seoul’s most affluent neighborhoods. The purchase price was KRW 19 billion, setting a new record for the highest actual transaction price in the complex’s history. This is reportedly Joo-Hyun Ok's first home.


On April 11, Sports Kyunghyang reported that Joo-Hyun Ok recently purchased a duplex unit with an exclusive area of approximately 332 square meters at Hannam The Hill in Hannam-dong, Yongsan-gu, Seoul, for KRW 19 billion and completed the transfer of ownership. It was also reported that a mortgage was registered, with the maximum bond amount set at approximately KRW 12.3 billion.


The residence was previously owned by Heo Hee-soo, President of SPC Group. Joo-Hyun Ok finalized the deal by making the remaining payment recently after signing the contract in May last year. President Heo purchased the property in 2015 for about KRW 6.9 billion and is said to have made a capital gain of over KRW 12 billion in about 10 years.


Singer and musical actress Joo-Hyun Ok. Screenshot from Joo-Hyun Ok's Instagram

Singer and musical actress Joo-Hyun Ok. Screenshot from Joo-Hyun Ok's Instagram

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This transaction marks the highest recorded price for an actual sale at Hannam The Hill. The previous record was set last year when BTS member Jin purchased a unit for KRW 17.5 billion.


Hannam The Hill is an ultra-luxury residential complex established in 2011 on the former site of Dankook University. It consists of about 600 households across 32 buildings. The complex is known for its prime location offering views of both Namsan and the Han River, a state-of-the-art security system, and spacious land shares, making it a highly sought-after home for high-profile figures from politics, business, and the entertainment industry.


Indeed, several celebrities are known to reside there, including Koo Kwang-mo, Chairman of LG Group, BTS members RM and Jimin, actor So Ji-sub, and broadcaster Lee Young-ja. It was also reported that actor Kim Tae-hee, who purchased a 233-square-meter unit in 2018 for KRW 4.2 billion, sold it in November last year for KRW 12.77 billion, realizing a capital gain of about KRW 8.5 billion.


According to the “2026 Officially Announced Prices of Multi-unit Housing” released by the Ministry of Land, Infrastructure and Transport on April 17, this year’s officially announced prices for multi-unit housing nationwide rose by 9.16% compared to last year, marking the largest increase in four years. As a result, there are forecasts that more urgent listings could appear on the market as owners of high-priced apartments in Seoul's core areas try to avoid the increased property holding tax burden.



Joo-Hyun Ok debuted in 1998 as a member of the group Fin.K.L and gained popularity with hit songs such as “Eternal Love” and “Now.” Since transitioning to musical theater in 2005, she has starred in major productions including “Rebecca,” “Elisabeth,” “Wicked,” and “Mata Hari.” Most recently, she appeared on stage in the musical “Anna Karenina.”


This content was produced with the assistance of AI translation services.

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