BTS’s Jin sells Seoul luxury apartment for multi‑billion‑won profit before tax hike

BTS member Jin (Kim Seok‑jin) sold a 235‑square‑meter unit in the upscale Hannam The Hill complex in Yongsan, Seoul for 12.7 billion won (about US$9.2 million) in April 2024.

He bought the same apartment in July 2019 for 4.49 billion won (about US$3.2 million), resulting in an estimated capital gain of roughly 8.21 billion won (about US$6 million). The transaction was completed just before South Korea reinstated stricter capital‑gains tax rules for owners of multiple homes in designated speculative areas, which took effect in May 2024.

Jin previously owned three units in Hannam The Hill, a high‑end residential development popular with celebrities and executives. After the sale he retains two other apartments in the complex.