"A +1.35 Billion KRW Jackpot in Just 2 Years!"…'Gangnam' Posco Intersection Building, 9.1 Billion KRW Invested for 'This' Reason

"Gangnam Undefeatable." A place where you can earn 1.3 billion KRW by holding property for just two years. This is Gangnam's Posco Intersection, the heart of Korean business.

Recently, a 5-story small building in this 'golden location' was sold for 9.15 billion KRW, recording a capital gain of 1.35 billion KRW in just two years. We've analyzed the secret behind this 'magical' return rate.

'+1.35 Billion KRW in 2 Years'…The Secret to Profitability

The seller who sold the building for 9.15 billion KRW truly demonstrated the 'essence of short-term investment'.

Purchase (Jun 2017): 7.8 billion KRW (102.77 million KRW per pyeong)
Sale (Jul 2019): 9.15 billion KRW (120.56 million KRW per pyeong)
💰 Capital Gain in 2 Years: A staggering 1.35 billion KRW!

'Posco Intersection Teheran-ro'…'Location' is Everything

The reason such a massive capital gain of over 1.3 billion KRW was possible in a short period of two years? It's thanks to 'Posco Intersection' and 'Teheran-ro', the best 'business district location' in South Korea.

The new owner also invested 9.15 billion KRW, not in the old building built in 1995, but in the 'golden location' of 'Gangnam'.

The New Owner's 'Big Picture': A Dream for 'High-Rise' Construction

The new owner's goal is clear: 'reconstruction'.

"The strategy is to demolish the old building and construct a taller, grander 'new landmark', utilizing the highest floor area ratio of a 'General Commercial Zone', thereby maximizing the building's value."

With the location in 'Gangnam' guaranteed, successful new construction promises significantly higher rental income and enormous capital gains than the present.

'Timing' and 'The Big Picture'

This 9.15 billion KRW transaction showcases two successful strategies in real estate investment.

"One perfectly realized 'short-term gains' by seizing the 'timing' of a 'rising market', while the other boldly bet on 'future value' by envisioning a 'big picture' of 'reconstruction'."

The 'Gangnam Undefeatable' legend continues today, through the changing hands of 'players'.

#Key Keywords & Tags Recommended

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"A +1.35 Billion KRW Jackpot in Just 2 Years!"…'Gangnam' Posco Intersection Building, 9.1 Billion KRW Invested for 'This' Reason