It has been reported by Sports Seoul on January 15 that Jaejoong purchased a building in Seocho-dong, Seoul near the Nambu Terminal for 7.5 billion KRW (~ 7 million USD)! The building’s land is 143.84 pyong (~ 5,000 sq. ft.) wide with a total ground area of 534.42 pyong (~ 19,000 sq. ft.), one underground garage level, and seven above ground floors, including 1-2 floors for eating and 3-6 floors of offices.
Jaejoong received a loan of 4 billion KRW (~ 3.7 million USD) to purchase the building, paying the rest in 3.3 million USD cash. The monthly rental income is 35 million KRW (~ 32,000 USD).
An expert in corporate buildings Kim Yoon Soo stated, “The building Jaejoong purchased beats the buildings in Gangnam with a rental income ratio that is 5% higher than the average, so I think he bought this for the lease revenue.” He said that third class general residential areas had to have a 250% floor area ratio, but the building had an even higher one of 300%; additionally, there was a lot of parking space, so parts of the building could be used as office space, adding to the practicality of the building.
JYJ3 
Congratulations!!! This is what happens when you earn your money and reinvest wisely. Of course I’m sure the peanut gallery in Allkpoop will turn green with envy and all their moronic and unoriginal comments.
Good for you Jaejoong-ssi. A real estate investment is always a good investment so long as your agent screens your tenants wisely.
I don’t know … if he isn’t officially making his investments or money spending public it’s annoying for me to see the media reporting about it … it’s nobody’s business but his .
I do agree with you, but that’s what paparazzi do all the time, remember the case of the slippers last winter?
But anna-liza, and meme!
The slippers were shocking news! Shocking!
We all needed to know that Jae wore slippers to go eat with his sister.
This is equally as news worthy-Person with money invests in real estate! TOTALLY BRAND NEW SHOCKING INFORMATION!!!!!
OMG!!!!
🙂
@ cheryl and @meme: A REVELATION: If a celebrity does once what an ordinary person does all the time, then that thing is no longer ordinary – it becomes extraordinary and is breaking news, viral on the media. But, pls note, it will not make the ordinary person (who does the very same thing) a celebrity.
Well this is a good news for his fans…..this is call ,,,,,FRUIT OF HIS LABOR> congrats idol….you deserved it.
Woot..more investment by jyj members..maybe this office would be rented out at higher rent so more profit to jj.. 😀 or he could resell at higher price in the future
Loans, keep it low JJ, but at least it’s just (~ 3.7 million USD) , servicing of loans eats a large fraction of your income.
He’s becoming smarter, diversifying his business and purchasing a property in a third class residential area means cheaper . Considering it’s in Seoul, it will just take a few years for the property to appreciate into 2nd class and eventually to 1st class, that’s how our tycoons here get their billions.
I don’t trust Allkpop at all. They’re reporting this now, but they’ll be the first to bash JYJ. Then they “borrowed” my post off YouTube and used it in one of their JYJ articles without even giving me credit. Pfft. Whatever. Anyway, so happy that he’s further proving that he’s amazing. Jae is such a smart business man. I just hope that this works out for him and that there are no issues.
allkpop has always been trash
what did they take without creating from you ?
I made a comment about JYJ first singing “Begin” in concert and my opinion on JYJ/TVXQ and they “borrowed” it. I asked for credit and never got a response. That’s when I fell off.
Smart boss.
I wish him luck in whatever he’s planning!
Investment in property is always good ^^