Ki Sung-yueng Buys Another Building for 20.9 Billion Won... 'Sung-yueng Building' in Suncheon

Estimated Loan Amount Around 15 Billion KRW

Soccer player Ki Sung-yueng. [Photo by Yonhap News]

[Asia Economy Reporter Kim Bong-ju] Soccer player Ki Sung-yueng (32, FC Seoul) has joined the ranks of "building tycoons" by purchasing a building worth over 20 billion KRW located in Gwancheol-dong, Jongno-gu, Seoul.

According to the building brokerage industry on the 23rd, Ki Sung-yueng purchased a building located in Gwancheol-dong, Jongno-gu, Seoul, for 20.9 billion KRW in November last year.

This building, constructed five years ago, is a 2-minute walk from Jonggak Station on Line 1. It has 2 basement floors and 9 above-ground floors, with a land area of 152.7 pyeong and a building area of 865.55 pyeong.

The maximum claim amount on the registration certificate was confirmed to be 18.72 billion KRW. Typically, the maximum claim amount is set at about 120% of the loan, so the actual loan is estimated to be 15.6 billion KRW.

A real estate expert explained, "At the time of purchase, the rental yield was over 4%, which is a high level even in Seoul," adding, "It appears that the purchase was made with the expectation of stable rental income in the future."

Ki Sung-yueng also owns a local landmark named after him, the "Sung-yueng Building," in his hometown Suncheon. The market price of this building is around 6 billion KRW.

He purchased land in the Shindae district of Haeryong-myeon, Suncheon City, in 2009 and built a building with 2 basement floors and 10 above-ground floors in 2014.

Meanwhile, Ki Sung-yueng married actress Han Hye-jin in 2013, and they have one daughter.

Recently, allegations surfaced claiming that Ki Sung-yueng committed sexual assault during his elementary school years, but Ki Sung-yueng’s side has completely denied the accusations.

Ki Sung-yueng’s side filed a criminal complaint and a 500 million KRW damages lawsuit against the accusers yesterday, initiating legal action.

The accusers claimed that since the sexual assault allegations arose, Ki Sung-yueng’s side has mobilized their network in the Suncheon and Gwangyang areas to pressure alumni to keep the related facts confidential.

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