Actor Sung Hoon has gained attention for the incredible turnaround of his life after news broke that he recently purchased a luxury apartment in Gangnam. Once open about his financial struggles in the past, Sung Hoon’s recent real estate investment has gained attention quickly.
Real estate insiders revealed on January 25 that actor Sung Hoon had purchased a 69.65 ㎡ unit in a high-end complex for ₩2.60 billion KRW (about $ 1.82 million USD) last October. Official property records show that he completed the transaction in November, securing ownership of he luxury unit. It’s estimated that Sung Hoon was able to pay for part of the payment through a ₩1.20 billion KRW (about $ 839,000 USD) loan.
The building, which was completed in mid-2024, is also home to fellow actor Kim Kang Woo, drawing further attention to the property. Celebrity neighbors are bound to attract attention, after all!
But Sung Hoon’s purchase has also become viral news in South Korea — reaching the top of Naver’s most-read articles — due to a past confession. The actor had previously opened up about the financial hardships he faced early in his acting career, admitting that he had accumulated significant debt after debuting.
In a 2019 interview, he shared that his growing debt pushed him to continue acting, despite the difficulties. Fortunately, he has since managed to repay most of what he owed. And now Sung Hoon even has become able to afford a high-end property!
The news can serve as an inspiration and a source of strength to many struggling rookie actors out there, who have yet to make it big in the acting industry. After all, the turning point in Sung Hoon’s career came with his appearances on popular variety shows such as MBC‘s I Live Alone.
Source: SpoTV