Cheongdam Dong Houses | [4K] 2Pm Junho, Actress Kim Hee-Sun, Lee Ji-Ah’S House: Cheongdam-Dong In Seoul South Korea 27213 명이 이 답변을 좋아했습니다

당신은 주제를 찾고 있습니까 “cheongdam dong houses – [4K] 2PM Junho, Actress Kim Hee-sun, Lee Ji-ah’s House: Cheongdam-dong in Seoul South Korea“? 다음 카테고리의 웹사이트 https://ppa.pilgrimjournalist.com 에서 귀하의 모든 질문에 답변해 드립니다: https://ppa.pilgrimjournalist.com/blog/. 바로 아래에서 답을 찾을 수 있습니다. 작성자 wander planet 이(가) 작성한 기사에는 조회수 391,512회 및 좋아요 2,074개 개의 좋아요가 있습니다.

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d여기에서 [4K] 2PM Junho, Actress Kim Hee-sun, Lee Ji-ah’s House: Cheongdam-dong in Seoul South Korea – cheongdam dong houses 주제에 대한 세부정보를 참조하세요

Actor Lee Ji-ah and SM Entertainment founder Lee Soo-man live next to the building jointly owned by Squid Game Lee Jung-jae and Jung Woo-sung.
Cross the road and you will see the villa where 2PM Junho and actor Kim Hee-sun live. If you pass Ottogi Hamyeonji’s hometown and Hyosung Villa complex, you will find SM Celebrity Center.
Let’s hang out with me in the residential area of Cheongdam-dong between Dosan-daero, where imported car stores are located, and Apgujeong-ro, where luxury fashion stores are lined up!
⭐️Time Stamps
00:00 Intro
01:29 Mercedes Benz store
02:00 Porsche store
03:11 Jeep Store
03:44 Lee Jung-jae Jung Woo-sung Building
05:49 PienPolus: Lee Ji-ah Lee Soo-man and Choi Soon-sil’s house
09:35 Lamborghini Aventador
11:31 Luxury select shop MUE
12:24 Honors County: Junho Kim Hee-sun’s house
13:20 Enigmaville: Ottogi Ham Yeonji’s home
15:00 Hyosung Villa
20:48 SM Entertainment Celebrity Center
★Naver MAP: http://naver.me/GTg2dd3s
★Google MAP: https://goo.gl/maps/LCFsPRzCnTB5bo4A8
#jj_lee #seoul_apartment #lee_junho
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❤️ I walk, film, edit all by myself.
I upload 4K videos every Saturday.
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Please be my friend!
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⭐️ by \”BIZ ENTER\” 2017-04-28
On the 28th, the MBC entertainment program ‘I live alone’ will reveal 2PM’s Junho’s house. Junho’s house drew attention when Kyuhyun revealed that it was a ‘Cheongdam-dong penthouse’ on MBC’s ‘Radio Star’ broadcast on the 19th. Kyuhyun’s remarks that \”Junho’s house is really good. It’s located in the most expensive place in Cheongdam-dong\” was whether it was true or not.
At the time, Kyuhyun explained about Junho’s house, \”It’s right above Kim Hee-sun’s sister. I live upstairs in a famous and spacious penthouse.\” When introducing Kyuhyun’s house, Junho was embarrassed, saying, \”I didn’t even tell you that I moved, but they knew.\”
After ‘Radio Star’ aired, a lot of attention was paid to Junho’s penthouse. How Junho, who lived in a dormitory with 2PM members in the early days of his debut, got a penthouse in the middle of Cheongdam-dong alone was a curious element.
Due to the nature of ‘I Live Alone’, as it closely discloses the introduction of the house, views, and personal life at home, expectations are increasing whether the interest in ‘Cheongdam-dong Penthouse’, which has been heightened through ‘Radio Star’, can be resolved.
The teaser photos that have already been released have ignited such curiosity. Junho’s house in the photo was neat. A sofa with a color similar to that of a neat marble, and an open window that allowed a bright view of the outside attracted attention. The high and unique ceiling shape added to the charm of the penthouse. In particular, one room was decorated as a gym like a ‘beast idol’.
In addition, Junho plans to reveal his daily life with two cats. As soon as he wakes up, Junho will give his cat a morning kiss full of aegyo, he will not take his eyes off the cats who ignore him, and he will show his love and sorrow of the cat butler.
⭐️ by \”Korea Herald\” Apr 21, 2022
\”Lee Jun-ho, Yoona to star in new rom-com ‘King the Land’\”
Singers and actors Lee Jun-ho and Yoona are set to star in an upcoming rom-com with the working title “King the Land.”
According to local production company Npio Entertainment, the actors are confirmed to play the lead characters in the series and filming is scheduled to begin in the fall.
While Lee plays an heir to a conglomerate, Yoona takes the role of a hotelier.
Lee, who debuted as part of JYP boy band 2PM, made his name as an actor after starring in various hit series, including KBS “Good Manager” on KBS in 2017. The 32-year-old actor found recent success on MBC’s “The Red Sleeve” last year.
Meanwhile Yoona, 31, of girl group Girls’ Generation, has continued her acting career in both TV and film, including “Confidential Assignment” (2017), MBC’s “The King in Love” (2018), “Exit” (2019), “Miracle” (2020) and JTBC’s “Hush” (2020-21).
==============================
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Khách sạn gần Khu mua sắm Cheongdam-dong, Seoul

Located 2.9 km from Bongeunsa Temple, White Linen House proves accommodation with free WiFi and free private parking. Hiển thị thêm Hiển thị ít hơn. 9.6. Xuất …

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주제와 관련된 더 많은 사진을 참조하십시오 [4K] 2PM Junho, Actress Kim Hee-sun, Lee Ji-ah’s House: Cheongdam-dong in Seoul South Korea. 댓글에서 더 많은 관련 이미지를 보거나 필요한 경우 더 많은 관련 기사를 볼 수 있습니다.

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주제에 대한 기사 평가 cheongdam dong houses

• Author: wander planet
• Views: 조회수 391,512회
• Likes: 좋아요 2,074개
• Date Published: 2022. 5. 28.
• Video Url link: https://www.youtube.com/watch?v=-Ao1bOZtYMg

What is the richest Neighbourhood in Korea?

The most expensive area in Seoul, South Korea as of November 2021 was Gangnam-gu, with an average apartment sales price of around 2.3 billion South Korean won. The Gangnam area including Gangnam-gu, Seocho-gu, Yongsan-gu, and Songpa-gu, is one of the richest neighborhoods in South Korea. What is Gangnam Style?

Who lives in Cheongdam-dong?

Cheongdam-dong in Gangnam district

Celebrities such as K-pop soloist and actress IU reportedly spent US$11.7 million for a penthouse flat in the neighbourhood. Cheongdam-dong is also home to the headquarters of multiple K-pop management companies, including SM Entertainment and Cube Entertainment.

Can foreigners buy Korean property?

Can foreigners buy property in Korea? Korea is one of a few Asian countries where you can buy residential and commercial property without restrictions as a foreigner. You are treated on a similar level as locals, something that’s rare for Asian countries.

What is Cheongdam-Dong known for?

The area is best known in South Korea as an affluent neighborhood populated by a disproportionately high number of high-income individuals and for having some of the most expensive real estate in the country. It is known as an upmarket shopping area, with the main shopping street dubbed Cheongdam Fashion Street.

What is the poorest city in South Korea?

About 2.4 million people live in Daegu. Of South Korea’s 16 cities and provinces, Daegu is the poorest in terms of GDP per capita 2010 at $18,887 according to the IMF.

Where is BTS house in Korea?

BTS Pop-Up: House of BTS Poster. BTS Pop-Up: House of BTS (stylized in all caps) was shops of BTS’ official merch opened by Big Hit Entertainment, the first one was opened on October 18, 2019 to January 5, 2020 (10:00 to 22:00 KST) located on 34, Gangnam-daero 102-gil, Gangnam-gu, Seoul, South Korea.

What is the most luxurious apartment in Korea?

In 2021, the Paarc Hannam apartment located in Hannam-dong, Yongsan-gu in Seoul was the most expensive apartment in South Korea, with an actual transaction value of around 12 billion South Korean won. The Penthouse Cheongdam (PH129) followed with about 11.5 billion South Korean won.

Where do most Korean actors live?

Korean celebrities are typically expected to live in Gangnam, an expensive and trendy district of Seoul. However, concerned with privacy and space, many celebrities are now choosing to live in quieter neighborhoods such as Gangbuk. Celebrities who choose to live near Gangbuk include both Hallyu actors and singers.

Where do most idols live in Seoul?

In Seoul, there are many idol lodgings near Gangnam, where there are many agencies, and there are many idol lodgings near Cheongdam-dong, Yeongdong Bridge, Konkuk University entrance, Hapjeong or Hongdae.

How much is a nice house in South Korea?

South Korea House Prices

That is especially notable in the country’s capital Seoul. Hence, if you are looking for a cheaper option, consider buying property in smaller cities or the suburbs. In general, you should expect to pay around 1.5–2.5 million KRW (130,000–215,000 USD) for a small apartment or a studio in Korea.

Where do most foreigners live in South Korea?

Expats have traditionally settled north of the river in central areas such as Itaewon, Yongsan and Hannam-dong. Many diplomats and their families have also made their homes north of the river. Expats will most likely choose their suburb based on its proximity to their workplace or their children’s schools.

What is the retirement age in Korea?

In South Korea (hereafter, simply Korea), a law was enacted in 2016 stipulating the mandatory retirement age to be at least 60 years.

Where do celebrities hang out in Seoul?

Where does BTS live now?

The apartment is located in Hannam Hill, alongside the Han River and Namsan mountains.

How much is a house in Gangnam?

The Han River runs through the heart of South Korea’s capital, Seoul. One- and two-bedroom properties measuring up to 99 square meters in Seoul’s wealthy central residential Gangnam district cost a median of $855,000 as of July 2021, according to government data collated by South Korean real estate app Zigbang.

Where do rich people hang out in Seoul?

The Gangnam neighborhoods of Cheongdam and Apgujeong are full of luxury fashion houses, plastic-surgery clinics, high-end real estate, and the homes of many Korean celebrities. PSY’s international song “Gangnam Style” famously lampooned the wealthy district, which has an outsized reputation in Korean culture.

Where do kpop idols live in Seoul?

In Seoul, there are many idol lodgings near Gangnam, where there are many agencies, and there are many idol lodgings near Cheongdam-dong, Yeongdong Bridge, Konkuk University entrance, Hapjeong or Hongdae.

Where does BTS live now?

The apartment is located in Hannam Hill, alongside the Han River and Namsan mountains.

Which is the best place to live in Seoul?

BTS, IU, G-Dragon: Which Expensive Neighbourhoods in Seoul are Favoured by Your Korean Celebs?

In South Korea, owning a property—especially in a highly sought-after area in Seoul, the country’s bustling capital—is an indication of your material success in life. The South Korean metropolis is made up of 25 districts, which have a suffix of -gu; each district is further subdivided into neighbourhoods, which often have a suffix of -dong as an indication.

While each district and neighbourhood boasts its individual charm and history, some are more highly regarded than others. These prestigious neighbourhoods are where the rich—including popular Korean celebrities—flock to. If you’re seeking to make an investment in the country’s most exclusive areas, or simply desiring to find out where you can perhaps spot your favourite stars, we’ve rounded up some of the most prosperous neighbourhoods to know.

Don’t miss: 10 Korean Celebrities Who Own Million-Dollar Buildings and Businesses

How to Buy Property in Korea: A Complete Guide

Suggestion: Watch the 5 minutes video tutorial before reading this article

Do you plan to buy property in Korea?

Click here to get in touch with an experienced agent

Korea has experienced some of the most impressive growths in the past decades, which I personally believe deserves more attention.

From having a GDP per capita on par with the Philippines and Thailand in the 1970s, it has developed into becoming a leading manufacturer of everything from food products, cosmetics, cars, automotive parts, ships, and electronics.

This was primarily a result of US-backing, an export-oriented economy, and land reforms. Previously, companies were not granted loans from banks unless they met a certain quota of exports, for example.

While Korea’s eCommerce market is one of the fastest-growing in the world, its manufacturing industry experiences great growth rapidly, and it will overtake Japan in GDP per capita by 2025.

Looking at its real estate market, foreigners predominantly buy real estate for personal reasons and yields are always not the most important. In this article, I explain how you can buy real estate in Korea, covering a wide range of topics.

Topics covered:

Can foreigners buy property in Korea?

Korea is one of a few Asian countries where you can buy residential and commercial property without restrictions as a foreigner. You are treated on a similar level as locals, something that’s rare for Asian countries.

Japan is most likely the only country in Asia that treats foreign investors in a similar way. A handful of acts have been issued in Korea though and there are some regulations you should beware of.

This is especially the case if you’re a non-resident without previous experience in the country.

The acts are:

The Foreigner’s Land Acquisition Act

The Registration of Real Estate Act

The Foreign Exchange Transactions Act

Let’s have a look at each act to understand what they mean practically.

The Foreigner’s Land Acquisition Act

The Foreigner’s Land Acquisition Act explains that when you enter into a Sales Contract with a seller, you need to inform the head of the government within 60 days from the issue date of the contract.

Besides, you should seek approval for purchases of land located in protected areas, for example:

The military operates

There are cultural properties with heritage value

Conservation areas that protect nature and ecosystems

In case you don’t apply for a permit if you’re obliged to do so, you will either be fined and can face imprisonment.

The Registration of Real Estate Act

This act simply explains the correct procedure when registering a property. It applies to both Korean nationals, foreign residents, and non-residents.

The act includes details regarding, for example:

Ownership of property

Your rights to let your property, and making a profit

Mortgages

Easement (a word for a person that rents land from a landowner for a limited time)

The Foreign Exchange Transactions Act

Only non-resident foreigners have to comply with this act.

Simply put, it explains the guidelines and the importance of foreign transactions, such as keeping the Wong (official currency in Korea) and international payments on a “balanced” level.

It also refers to transactions made between Korea and other countries, which is required if you are a non-resident buyer.

For more information, I recommend that you visit the Korean Government’s website.

You should also you ask your property lawyer or real estate agent to confirm whether the property needs any special approvals, considering to the above Acts.

Can foreigners buy land in Korea?

Yes! Foreigners generally don’t have any issues buying land, which is unique. This is a great benefit and not always the case in developing countries like Thailand.

If you want to learn more about how it works when buying land in Korea, I recommend you to read my separate article.

Can foreigners get property loans in Korea?

International banks like HSBC, Standard Chartered, Citibank, Agricultural Bank of China, and China Construction Bank all have offices in Korea.

You can also find local banks such as Shinhan Bank that has established a strong presence in Vietnam, due to the many Korean expats residing there.

With that said, it’s difficult for non-residents to apply for local property loans.

The same as for Japan, you usually need to reside in Korea, and preferably be a permanent resident. Having a Korean spouse might also help you.

Standard Chartered Korea is one bank that offers mortgages to foreigners that reside in Korea and that I recommend you to contact.

Process When Applying for Property Loans

If you’re a foreign resident, you first need to provide a ‘Certificate of Local Residency’ or a ‘Certificate of Foreign National Registration’, to prove your residency.

Other documents you need to provide are a Certificate of Employment, Certificate of Immigration, and Certificate of Business Registration.

Due to rapidly increasing property prices recently, especially in Seoul, the Korean Government has made it even more difficult for investors to get property loans.

Taxes such as the capital gains tax have been raised as well to cool down the market.

The easier option is to apply for a property loan in your home country. Just keep in mind that such loans are limited and usually dedicated to cities like London, Sydney, Tokyo, and New York.

Property Taxes

Before you engage in the Korean real estate market, you must understand your tax obligation when buying, holding, and selling units. Below I have listed the most important taxes when acquiring real estate.

Stamp Duty

The stamp duty ranges between KRW 50 – 350,000 (up to USD 320), depending on the value of the property.

The stamp duty is low compared to other countries. In places like Hong Kong and Singapore, the rates are significantly higher.

Instead, you also need to add an acquisition tax.

Acquisition Tax

The acquisition tax is currently set to 2% and paid when you buy the property.

Property Tax

The annual property tax for villas is 4%. For properties other than villas, the rate ranges between 0.15% to 0.50%, depending on the value of the property and its location.

Rental Income Tax (withholding tax)

The rental income tax is the same for non-residents and residents. The tax rate ranged between 6% to 40%, depending on the total amount of your rental income.

From KRW 0 – 12,000,000 (around USD 0 – 10,000) the tax is 6%.

Capital Gains Tax

Same as for rental income tax, the capital gains tax ranges between 6% to 40%, depending on the property value.

The background of this is that the rental income is seen as a capital gain made throughout the year.

Can I get a residence permit if I buy property in Korea?

You’ll not get residency automatically by simply buying property.

However, the same as for Japan, you’re able to apply for a residence permit through a so-called point system. And the grading is even similar to Japan’s.

Getting an F-2 Visa

To apply to become a long-term resident under the F-2 visa, you need to get at least 80 points in the point system.

So how does it work?

Here, they mainly look at your age, Korean language proficiency, income, and professional experience. In short, if you want to rank high in the F-2 point system, you should be 30-34 years old, have a Ph.D. in engineering, and fluent in Korean.

If you have a good income and professional experience from Korea on top of that, you’re good to go as well.

You also get extra points if you have paid taxes in Korea (the more the better), studied in Korea, have professional experience from abroad, or have done volunteer activities in Korea.

Korean Real Estate Agents

There are many international real estate agents operating in Korea, ready to serve both locals and foreigners.

Some of the biggest are:

CBRE Korea

Knight Frank Korea

Cushman & Wakefield Korea

RE/MAX Korea

If you’re living in Mainland China, Hong Kong, Singapore or any nearby countries, you can also make a short trip to Korea and scout on-site, enjoying being there as a tourist.

Real Estate Agent Commissions

If you use a Real estate agent when buying the property, you usually pay a fee of 0.2% to 0.9%. This is lower compared to many other countries but also related to property prices.

Jeonse vs. Wolse

Tenants rent property through the Jeonse or the Wolse system.

The Jeonse system is not known in other countries and means that you submit, let’s say, a one-year total of rent to the landlord.

Later, you receive the money back. You can save money by avoiding paying rent for a year, but at the same time lose money due to the time value of money.

For example, the landlord can use your money for other investments, such as stocks, and receive profits bigger than the rental incomes otherwise received.

The Wolse system is the same as the common rental system we use in other countries. That means, you pay 1-3 months of rent in deposit, then you pay the rent on a monthly basis.

The Best Cities to Buy Property in Korea

Korea has a population of around 52 million people and it’s predicted to increase. Yet, around half of the population lives in Seoul.

Let’s have a look at the most interesting cities when investing in residential real estate in Korea.

Seoul

Prices have skyrocketed in Seoul recently and the government has imposed new taxes, trying to curb the escalating prices. It’s not strange, as it serves as both the cultural, economical, and political center of the country.

Despite seeing prices going through the roof, locals and foreigners alike continue to invest in Seoul real estate.

The city is divided into 25 districts and one can say that Gangbuk, the Northern part, is the historical area. The Southern part, on the other hand, is called Gangnam with a more modern and premium appeal.

Busan

Busan is smaller than Seoul but has seen a big influx of Japanese and Chinese investors in the past years.

Properties can be bought for a fraction compared to Seoul and places like Hong Kong, Singapore, and Shanghai. At the same time, you can enjoy the great local culture and weather.

Busan is also a major city that hosts many good universities if you plan to send your children abroad.

Being the second-biggest city, it has a more relaxed feeling and is mainly known for having the biggest port in Korea, the Port of Busan. It was established in 1876 and is the fifth busiest port in the world.

Jeju Island

Asian investors, many from China, have poured into Jeju Island in the past years.

Here, foreign investors can receive residence permits if they invest at least KRW 500,000,000 (slightly less than USD 500,000) into local real estate. This will also grant them a permanent visa.

Even if the Government has introduced restrictions due to the big influx of investors, it still remains one of the most popular options to buy real estate.

Daegu

The GDP per capita is almost half in Daegu compared to Seoul, it’s also significantly smaller with a population of around 2.5 million.

The city is the fourth-biggest and situated in the Eastern parts, but with significantly less commercial activity compared to Seoul and Busan.

Interestingly, Koreans have a stereotype about Daeguan people as they are seen as modest, conservative, and hard-working.

The city is known for being a manufacturing city and experienced high productivity in the mid-2000s. Banks and foreign manufacturing companies, including Delphi, all operate from here.

Incheon

Incheon is the third-biggest city with a population of around 3 million people, located along the coast and West of Seoul.

The city thus enjoys economic spillover from Seoul and connects the capital with the ocean. It’s perhaps most famous for the country’s biggest airport, Incheon Airport, currently ranked as the fourth-busiest in terms of cargo transports.

The expansion of Incheon Port will further benefit the city’s economy and you can find many logistics- and other related companies here.

Property Prices in Korea

Despite suffering from the ongoing pandemic, resulting in closed borders and significantly reduced commercial activity in 2020, Korea saw the fastest-growing real estate prices in 9 years during the year.

In 2011, housing prices increased by 6.14%, while we saw an average increase of 5.36% in 2020.

In late 2018, the average house price in Seoul was more than 700 million Wong (USD 577,000). In areas like Gangnam, prices have reached well above USD 700,000 on average.

Naturally, this has left the government with no other choice than to increase taxes and introduce so-called non-speculation zones.

If you look for cheaper property, Busan should be of interest and where real estate prices aren’t even half as high as in Seoul.

Conclusion

Korea has some of the most relaxed property ownership regulations in Asia and non-resident foreigners can own freehold land as well as commercial property without particular problems.

Working with an English-speaking and experienced agent is an important requirement, at least for foreigners that don’t speak the language fluently.

Korea’s economy performs significantly well, a reason why it’s gained more attention from foreigners recently.

Another benefit is visa regulations and skilled foreigners can receive residence permits by getting enough points in Korea’s point system, similar to Japan’s.

In Seoul, prices have soured the past years, if you want to look for cheaper properties, you should have a look at Busan which offers properties at lower prices.

Other big cities worth having a look at including Daegu and Incheon, explained above.

If you believe that Korean real estate is pricey and look for a more liquid option, the REIT market becomes increasingly interesting.

Cheongdam-dong

Place in South Korea

Cheongdam-dong (Korean: 청담동; Hanja: 淸潭洞) is a ward of Gangnam District in Seoul, South Korea.[1][2] The area is best known in South Korea as an affluent neighborhood populated by a disproportionately high number of high-income individuals and for having some of the most expensive real estate in the country. It is known as an upmarket shopping area, with the main shopping street dubbed Cheongdam Fashion Street.[3] Along with Apgujeong’s Rodeo Street in Apgujeong-dong and Garosu-gil in Sinsa-dong, which are connected by the main Apgujeong-ro, they are seen as fashionable and trendsetting destinations.[4][5]

Characteristics [ edit ]

Ermenegildo Zegna store in 2012

Cartier Maison and Salvatore Ferragamo stores in 2012

This area was originally named Chungsutgol which means clean water valley, for a clean pond that existed here during the Joseon Dynasty. Until Joseon Dynasty and the Japanese Colonial Era in the early 20th century, it was a part of Gyeonggi Province which currently indicates the outskirt of Seoul, the capital city of Republic of Korea. On January 1, 1963, Cheongdam-dong was incorporated into Seoul. On October 1, 1973, it became one of the 26 dong (neighborhoods) of the Gangnam District or Gangnam-gu. Gangnam-gu is one of the 25 gu (gu refers to local government district in Korea) in Seoul.[6] Since 1988, Cheongdam-dong has been divided into two sub-regions: Cheongdam 1 dong and Cheongdam 2 dong.[7]

Seoul Districts

Cheongdam-dong was underdeveloped up till 10 years ago, during which time, galleries moved to this area. It formed the existing gallery street, near the Galleria Department Store in Apgujeong-dong towards Cheongdam Park.[8] Apart from galleries and luxury shopping the area also has high-end restaurants, bars, clubs, cafes and beauty salons; and known as an upscale residential area, especially for Korean celebrities such as actors and K-pop artists.

The 760-meter-long section of main street Apgujeong-ro, that runs from Apgujeongrodeo Station at Galleria Department Store to Cheongdam crossroad, has been dubbed the ‘Cheongdam Fashion Street’ or ‘Cheongdamdong Street of Luxury Goods’. It is lined with stores of luxury brands, such as Ermenegildo Zegna, Salvatore Ferragamo, Louis Vuitton, Prada, Burberry, as well as outlets for 3.1 Phillip Lim, Martin Margiela and Tory Burch and Korean designer Son Jung-wan.[9][10][11]

Attractions [ edit ]

Vera Wang Bridal Korea in 2012

The area is the location for the headquarters of K-pop management companies S.M. Entertainment, Cube Entertainment, and J. Tune Entertainment, and was the location of the old building for JYP Entertainment, before it was moved near the Olympic Park, which is still in Gangnam District. Since January 2012, the area is also home to FNC Entertainment, who moved into their own company offices, separate from their parent company in Mnet Media Building in neighbouring Apgujeong-dong.[12] The MCM Haus flagship store is also located in the area. One half of the multi-colour facade is designed by British artist Richard Woods, while the other half of the exterior is decorated with individually numbered brass plates. It also has an Italian restaurant in the basement, furnished with Woods’ designs.[13][14]

Shopping and dining complex 10 Corso Como, opened in 2008, opposite the Galleria Department Store.[9] Also in September 2008, French jeweler Cartier opened its first flagship store in South Korea, named Cartier Maison, located on Apgujeong-ro, with its facade inspired by Korean Bojagi wrapping cloth. Helmed by Managing Director Philippe Galtie, he said It is the largest in Korea and at the time of opening it was the seventh largest in the world.[15]

In June 2012, luxury bridal gown designer Vera Wang opened her third global and first Asian flagship store ‘Vera Wang Bridal Korea’, helmed by President Jung Mi-ri, in Cheongdam-dong.[16]

In media [ edit ]

Image of “Luxury Town” [ edit ]

In media coverage, Cheongdam-dong is often portrayed as a luxury town. Korean drama series such as “Cheongdam-dong Alice”, “Cheongdam-dong Scandal”, and “I Live in Cheongdam-dong” all had Cheongdam-dong as a backdrop that is full of luxury brand stores, rich people, celebrities, and drama. The “Fashion Street” area is also called “new-money neighborhood”, a place “where the most immaculately dressed, beautiful, and yet curiously unhappy-looking women in Korean can be seen.”[22]

While it is true that a part of Cheongdam-dong is full of luxury brand stores, K-Pop hubs, and galleries, this public image tends to get overly generalized, mainly due to skewed media portrayal. In fact, a large portion of Cheongdam-dong is composed of residential area, where ordinary people live their everyday lives. They live in apartment complex such as Samick apartment, Hyundai apartment, and Woosung apartment, which are usually formed around public parks or schools. Although the image of luxury town remains true to some extent, it should not take over other aspects of Choengdam-dong, as for some people this place means home.[23]

Transportation [ edit ]

There are mainly three types of public transportation running in and through Cheongdam-dong: Bus, Subway, and Taxi. An electronic pre-paid card called T-money can be typically used for all three types of transportation, in addition to credit cards and cash. For more information about getting around Cheongdam-dong, visit the official Korea Tourism webpage.[24]

Bus: Buses of four colors run in Cheongdam-dong, just like in the rest of Seoul. Bus lines that pass through Cheongdam-dong include: 143, 146, 2415, 3414, 3011, 9407, 9507, and many more.

Subway: Three main subway stations in Cheongdam-dong are Cheongdam station, Apgujeong Rodeo station, and Gangnam-gu Office Station. Subway lines that pass through this area are Subway Line 7 and the Bundang Line.

Taxi: An equivalent to Uber in Cheongdam-dong along with many parts of Korea today, is KakaoTaxi.

Education [ edit ]

See also [ edit ]

References [ edit ]

Cheongdam-dong at Life in Korea

Cheongdam-dong at Gangnam-gu official website

Coordinates:

[SUPER RICH] Cheongdam-dong’s luxury villa owners

Cheongdam-dong is already famous for being one of the richest areas in Seoul. As much as it is home to many Korean business tycoons, a luxurious villa compound is also concentrated in the very region.

The area used to be filled with old-fashioned row houses and multi-family bungalows from the late 1990s to early 2000s ― the period when the Asian financial crisis hit the nation.

It was Daewoo Engineering & Construction, one of Korea’s leading construction companies, that pushed ahead with a total makeover plan for the neighborhood. The company rebuilt the area into a high-class villa complex, with one example being the luxury brand villa Daewoo Royal County.

It is not only home to the business tycoons, including the family of LG Group, but also to wealthy non-businessmen and famous celebrities.

The Korea Herald Investigative Team has found out those who are nesting in some of the fanciest villas in southern Seoul.

Daewoo Royal County for the LG family

Some of the majority owners of the Daewoo Royal County I and Daewoo Royal County III ― two luxurious villas situated in Cheongdam-dong ― are part of the LG family, including LG Electronics vice chairman Koo Bon-joon, the third son of LG Group honorary chairman Koo Cha-kyung.

Daewoo Royal County I, with an estimated market value of 4 billion won ($3.6 million), has been owned by vice chairman Koo since the year after the villa was completed in 2000. With a floor space of around 244.95 square meters, the villa is composed of five bedrooms and three bathrooms.

Royal County III, which faces Royal County I, has the same structure and also measures up to 244.68 square meters. Its owners are registered as two members of the Koo family: Heesung Group vice chairman Koo Bon-sik and LS Networks chairman Koo Ja-yong.

Both of them purchased this house in February 2003, according to a certified copy of the register. In January this year, the villa was priced at 2.22 billion won, an increase of more than 500 million won compared to a decade earlier.

The sale price was around 3.2 billion won, but given that the appraised value of one household at an auction last year was 3.8 billion won, the actual market value is estimated to be much higher.

There are a number of other businessmen and even non-businessmen besides the Koo family who also own homes in these two villas. Ottogi chairman Ham Young-joon is one of them. However, most of them do not actually reside here but rather provide jeonse leases to other tenants.

Celebrities eye Daewoo Royal County VI

Among the Royal County brand villas, the Royal County VI was built more recently in 2005. It is smaller in area size with four bedrooms and two bathrooms, but boasts a superb location with a beautiful view of the Hangang River. It is also close to some of the nation’s top- ranked schools.

The villa became famous when actress Jeon Do-yeon’s husband bought a home here in 2005. Their house, a duplex-type penthouse on the top floor of the villa, is estimated to be worth 1.6 billion won for 191.59 square meters.

Actor Song Seung-heon is also said to have a home here. The 166.3-square-meter house, which Song bought in 2011, was previously owned by the younger sister of LG Group chairman Koo Bon-moo, according to a certified copy of the register. The current market price is 1.82 billion won, but industry watchers expect it to go over 1.7 billion won if sold.

There are businessmen in this villa as well, such as the Daehan Steel CEO Oh Chi-hoon. As the son of the steel company’s chairman Oh Wan-soo, junior Oh purchased his house in 2005. He was promoted to CEO of the company in January.

Hyosung Villa I, traditional but glam

Down the Hangang River from the Royal County VI sits the Hyosung Villa I. It is considered to be one of the oldest luxury villas in southern Seoul, having been built in 1982. It was sold for a high price because of its close location to the riverside and its fancy interior.

In 2008, when there was talk of reconstruction, the villa once again catapulted to the limelight.

Hyosung Villa has been home to wealthy businesspeople and celebrities for more than 30 years, with some of the newcomers purchasing a house there as recently as this March, according to a certified copy of the register.

One of the longtime dwellers is Sam-A Pharm Co. chairman Heo Jun. The house was bestowed to him in 2003 by his father, who purchased it when it was built. The three-story house, measuring 256.79 square meters when including the basement and a parking space, was found to be worth 1.92 billion won, with the price tripling over 20 years. The actual market value is estimated to be at least 2.5 billion won, industry watchers said. Heo also owns a house in the Daewoo Royal County III.

By Korea Herald Investigative Team ([email protected])

Kwon Nam-keun

Hong Seung-wan

Sung Yeon-jin

Bae Ji-sook

Yoon Hyun-jong

Min Sang-seek

Kim Hyun-il

Lee Hee-ju

Cheongdam-dong, Seoul Commercial

Underwriting Thesis

Most importantly it’s an off-market opportunity to invest in Class-A retail building of circa3,000sqm(910py) in the high street of Chungdam-dong where the transaction opportunities are limited. Not only the outstanding location but the access is also convenient for public transportation where 2 subway lines-Bundang and Line7-pass nearby, and also there’s a bus stop in front of the building. It is in an excellent condition since it’s just finished its one year renovation and currently whole space is available to lease. Surrounded by other international brands and the best location to have a flagship store differentiated with other retail streets in Seoul.

I visited the notoriously ritzy ‘Beverly Hills of South Korea,’ where the streets are lined with Teslas, Maseratis, and Porsches

The Gangnam district is known as “South Korea’s Beverly Hills” for its exorbitant real-estate prices and wealthy residents.

Property in Gangnam is three and a half times as expensive as South Korea’s real-estate average.

The Gangnam neighborhoods of Cheongdam and Apgujeong are full of luxury fashion houses, plastic-surgery clinics, high-end real estate, and the homes of many Korean celebrities.

PSY’s international song “Gangnam Style” famously lampooned the wealthy district, which has an outsized reputation in Korean culture.

Ever since PSY’s international mega-hit “Gangnam Style” in 2012, people all over the world have heard the name of Seoul’s most affluent district.

But few know what the area called “the Beverly Hills of South Korea” is actually like.

While the district is an economic hub for some of the most powerful companies globally, including Google, IBM, and Toyota, its real heart is its residential areas, where the deposit to rent a home costs 10 years of salary for the average Korean.

Living in Gangnam — and more specifically living in the Gangnam neighborhoods of Cheongdam-dong and Apgujeong-dong — is a status symbol that many Koreans aspire to. Cheongdam-dong and Apgujeong-dong are home to many Korean actors, actresses, and idols, miles of luxury retail, a wild nightlife, and Korea’s biggest entertainment companies.

I recently took a walk through Cheongdam-dong and Apgujeong-dong to get a feel for what life is like in Korea’s most affluent district. Here’s what it was like:

10 khách sạn tốt nhất gần Khu mua sắm Cheongdam-dong ở Seoul, Hàn Quốc

1

Bắt đầu với một đặt phòng

Bắt đầu với một đặt phòng

Cách duy nhất để viết đánh giá là đầu tiên bạn phải thực hiện đặt phòng. Đó là cách chúng tôi biết đánh giá đến từ khách thực đã từng ở tại chỗ nghỉ.

The Penthouse Cheongdam > Housing > Infrastructure > Business & Technology > Hyundai E&C

The highest villa to be built in the site where Hotel Ellui was located

The Penthouse Cheongdam is a villa of 20 stories above ground and 6 basement levels of 29 units, demonstrating the best landscape in the riverside of Gangnam. It is equipped with convenient living infrastructure as being positioned in a mecca of Gangnam’s luxurious residential living area. It also has high accessibility to major roads including Yeongdong Bridge and Gangbyeon Expressway. It has an excellent educational environment since a prestigious school of Gangnam School District 8 is nearby. The residents can relish a pleasing residential environment since the Hangang Park is right in front of their villa.

Installed a panoramic window can view the Han River

The 6m high 11m wide panoramic windows are installed to allow the residents to appreciate the Han River in their living room. It maximized the openness by applying a maisonette type design to heighten the story height of living spaces including a living master room and kitchen by 6.6m. A private rooftop pool is constructed on top of the penthouse. The top floor has only two units. Thus, the Penthouse Cheongdam offers the best value as a luxury residence.

Building received special-class seismic certification

The damper, a seismic reducer, is installed to ensure the safety of the residents as a top priority by receiving a special-class seismic certification. It also promotes a comfortable housing by applying a design specialized in smart security/privacy protection. It further supports a smart lifestyle through a certification in green building, intelligent building, and high-speed communication.

Provide a roomy parking space of 5.1 vehicles per unit

The Penthouse Cheongdam provides a parking space of 5.1 vehicles per unit, offering the highest housing value. Moreover, each apartment line has their own elevator, so the residents can have a private life.

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