Bi Rain and Kim Tae Hee's Seoul property value surges by $34M in 3 years

By Nhu Anh November 7, 2024 | 07:22 pm PT

The value of a Seoul property owned by South Korean stars Bi Rain and Kim Tae Hee has risen by nearly $34 million over the past three years, now estimated at 140 billion won (around $102 million).

The couple purchased the eight-floor building, with two basement levels, in Seoul's Seocho-dong area in 2021 for 94 billion won. Bi Rain funded 60% of the original purchase price, while Kim covered the remaining 40%. Real estate experts estimate the current value of the property at over 140 billion won.

The property is now fully leased to local and international brands, drawing a high volume of shoppers and diners, with the pair reportedly earning hundreds of millions of won in monthly rental income, according to a report by MK.

South Korean singer, actor Bi Rain and wife, actress Kim Tae Hee. Photo from Instagram

According to News1, Bi Rain, 42, and Kim, 44, are among the wealthiest South Korean entertainers, largely due to their real estate investments. In 2021 alone, Bi Rain and Kim earned 32.7 billion won and 7.1 billion won, respectively, from property sales. They also own real estate in the United States.

The couple had a private wedding in 2017, spending just $1,100 on the venue, flowers, and decorations, though the costs of their wedding attire were not disclosed. Since then, Kim has reduced her career activities to focus on raising their two daughters, while Bi Rain continues his successful work in music and television.

Bi Rain’s 24-year career has brought him recognition as both a singer and actor. He gained widespread fame across Asia with the 2003 drama "Full House" alongside Song Hye Kyo, and he was named one of Time magazine's 100 most influential people in the world in 2006 and 2011.

Kim Tae Hee, admired for her beauty, became widely known for her roles in popular dramas such as "Stairway to Heaven", "Love Story in Harvard", and "Iris".