Did BTS’ J-Hope Buy A New Property In LA? (Photo Credit – Instagram)

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In September last year, Korean media outlet BizHankook reported that BTS’ J-Hope had purchased a new home (read penthouse) in a high-end apartment complex in Seoul for 12 billion KRW (approx. 9 million USD). However, a month later, it was further reported that the singer had also bought the lower floor, along with the penthouse.

This is not the BTS member’s first investment in luxurious real estate. He had done it before buying this penthouse. He previously owned two other high-end properties; now, adding these two, he possesses four residences in Seoul and a property in LA. According to the Korean outlet, it has been reported that J-Hope signed the contract for the lower-floor unit of the penthouse in June 2020 and completed the full payment by July 2024.

After this, he officially transferred ownership. However, per the current market rates, the apartments will cost between 11 and 12 billion KRW (which is 8.3 to 9 million USD). As J-Hope didn’t take out a mortgage, it was reported that he paid over 20 billion KRW (approximately 15 million USD) in cash to buy these two apartments.

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