"How Much Do Pro Gamers Earn?"... 10.3 Billion Won Hannam The Hill Purchased Entirely in Cash
Former Landlord's 4.1 Billion KRW Market Profit
Popular Pro Gamer with World Championship Title
A professional gamer in their 20s has been confirmed to have moved into Hannam The Hill, an ultra-high-end complex in Yongsan-gu, Seoul, where the price reaches 1 billion KRW per pyeong.
According to major media outlets on the 29th, professional gamer A, who has multiple awards including winning the 2019 League of Legends World Championship (Worlds), purchased a 100-pyeong unit in Hannam The Hill for 10.3 billion KRW last August.
According to the certified copy of the register, A signed the sales contract on August 27 and completed the ownership transfer registration on the 6th of this month. Since there appears to be no mortgage registration such as bank loans, it is believed that the entire 10.3 billion KRW was paid in cash. The previous owner bought the house for 6.2 billion KRW in October 2016 and resold it for 10.3 billion KRW, making a capital gain of 4.1 billion KRW.
Hannam The Hill is a complex developed by Daewoo Construction and Kumho Industrial in 2011 on the former Dankook University site, consisting of 32 buildings and 600 households. It is known as an ultra-luxury complex with views of the Han River, featuring units ranging from 87㎡ to 332㎡ on basement levels 2 and floors 3 to 12. Since its move-in began in 2011, it has become even more famous as many celebrities such as actor So Ji-sub, singer BTS, and the couple Rain and Kim Tae-hee have purchased units there.
Hannam-dong in Yongsan-gu has established itself as a representative affluent area in Korea, with the highest-priced transactions occurring not only at Hannam The Hill but also nearby complexes such as Janghak Park Hannam and Nine One Hannam.
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According to the proptech company 'Asil,' the highest-priced real estate in Seoul this year was Janghak Park Hannam, where a 96-pyeong unit sold for 18 billion KRW in August. The second highest price was at Hannam The Hill, which recorded a highest price of 11 billion KRW for a 100-pyeong unit in March this year, followed by a transaction of the same size for 10.3 billion KRW in August. Nine One Hannam ranked sixth in highest price with a 75-pyeong unit sold for 9 billion KRW in June.
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