J-Hope nets ₩1.65 billion ($1.19M) profit from Seoul luxury apartment sale
BTS member J-Hope just scored a major real estate win.
He sold his 84-square-meter Trimage apartment in Seonsu-dong, Seoul in March 2025 for ₩4.00 billion KRW ($2.88 million USD).
J-Hope bought the unit nine years ago for about ₩1.26-1.36 billion KRW ($904,000–$975,000 USD). He owned it outright with no loans.
His capital gains from the sale hit approximately ₩2.70 billion KRW ($1.94 million USD).
But after shelling out around ₩1.04 billion KRW ($750,000 USD) in capital gains tax, his net profit stands at about ₩1.65 billion KRW ($1.19 million USD).
“According to the current Income Tax Act, capital gains for multi-homeowners are subjected to an additional 20-30% points on top of the base rate (6-45%), depending on the number of properties they own. However, this heavy taxation policy is suspended until May next year.”
J-Hope is believed to have paid the highest base tax rate of 45%, since his gains topped ₩1 billion KRW.
He still owns a 152-square-meter unit in the same Trimage complex plus two more units at Apelbaum Hangang in Seobinggo-dong, Yongsan.
The total value of his properties is estimated around ₩27 billion KRW ($19.4 million USD).
This pushes him into heavy property tax territory.
Since the ownership transfer happened after June 1, J-Hope is currently counted as a four-homeowner, not three.
Financial experts estimate his 2025 tax bills at about ₩66.6 million KRW ($47,900 USD) in property tax and ₩422 million KRW ($304,000 USD) in comprehensive real estate holding tax.