Kim Tae-hee and Rain are ‘the richest Korean celebrities in real estate’ – so what properties do they own?

May 24 , 2021

What properties do Kim Tae-hee and Rain own? Photos: KTB Venture, @lacloud.official/Instagram, @allkpop/Twitter

The actress and K-pop idol reportedly own a whopping US$72 million in real estate, but how did Kim make US$6 million in profits from her Gangnam building sale?

Does Kim’s 2019 purchase of a home in Irvine, California, have anything to do with the couple’s potential Hollywood careers?

Plenty of Korean celebrities splurge on fancy homes, but some are better known for smart property investments than others. The undisputed champions of real estate seem to be Rain and Kim Tae-hee though. According to The Korea Times, Kim made a cool US$6.37 million when she sold a building in Gangnam in March.

And that wasn’t the first time the pair made headlines for their successful property moves either. So which properties do the couple own, and how much are they making from their investments?

Kim’s Gangnam building sale

Kim’s Gangnam purchase was certainly a smart one. She bought the property all the way back in June 2014, and it has since risen in value by 7.1 billion Korean won (around US$6.3 million), The Korea Times reported.

The five-storey building in Yeoksam-dong is just a few minutes’ walk from Gangnam station, one of Seoul’s busiest areas. News 1 reports that the building was mostly rented to small businesses such as cafes, restaurants and tutoring academies. She bought the property in her own name in 2014 before moving its ownership to the property rental firm that she founded.

She was also one of the celebrities who cut rental fees in half in March 2020, when small businesses were economically hurt by the coronavirus pandemic.

The richest Korean celebrities in real estate

Kim Tae-hee and Rain’s fairy tale marriage. Photo: @sjhkjk08/Twitter

When it comes to Kim and Rain, it truly seems that two heads are better than one. The couple, who tied the knot in 2017, were listed as the richest Korean celebrities in real estate in 2020 by Entertainment Weekly Live, which reported that the couple owns a whopping 81.4 billion won (US$72 million) in real estate.

According to Today Online, before they got married Kim was already the owner of three Gangnam buildings valued altogether at up to 13.2 billion won (US$12 million), while Rain had his hands full with a villa and shopping centre in Cheongdam worth US$5.3 million and US$21.4 million respectively.