In a remarkable real estate transaction, Minho, a member of the popular K-pop group SHINee, has purchased a luxury penthouse in Seoul from renowned actor Ha Jung Woo. According to a report from News1 on April 15, 2025, the deal for the property, known as Tierra House, was finalized in August 2024, following the initial purchase in May 2023.
The luxury residence, located in Jamwon-dong, Seocho-gu, boasts an impressive price tag of 5 billion KRW (approximately 3.5 million USD or Dhs12 million). With only 15 units in the entire complex, each occupying a private floor, the property offers exclusivity and privacy, along with a spacious living area of 2,636 sq ft.
Designed for modern living, the apartment features five bedrooms, three bathrooms, and a generous walk-in closet. Its prime location at the southern end of the Hannam Bridge provides residents with breathtaking panoramic views of the Han River, making it one of the most coveted addresses in the city.
Ha Jung Woo originally acquired the unit in May 2013 for 2.7 billion KRW (approximately 1.9 million USD). This sale marked a significant profit for the actor, as he earned around 2.3 billion KRW (about 1.62 million USD) from the transaction. Industry insiders speculate that Ha may have used the proceeds from this sale to pay off the remaining balance on his new home at Upper House Namsan, which he purchased last year in the trendy Yongsan District.
Minho's acquisition of Tierra House has certainly captured the attention of his fans, who are excited about his new venture into luxury living. The purchase not only signifies a step up in real estate for the K-pop star but also highlights the ongoing trend of celebrities investing in high-end properties.
Located in a prestigious area, Tierra House is recognized for its luxurious amenities and exclusive living experience. Each unit within the building is designed to provide maximum comfort and elegance, with top-of-the-line fixtures and finishes throughout. The absence of a registered mortgage on the property suggests that Minho made the purchase entirely in cash, demonstrating his financial capability and commitment to this investment.
The transaction reflects the growing interest among celebrities in real estate, particularly in Seoul, where property values continue to soar. Minho's purchase is part of a larger trend where stars are increasingly investing in luxury homes, often leveraging their fame and success in the entertainment industry.
In recent years, Ha Jung Woo has been a prominent figure in the South Korean film industry, not only as an actor but also as a director. He is currently preparing for the release of his new film, Lobby, which has generated considerable buzz in the media. The sale of Tierra House may provide him with the financial flexibility to further his projects in the film industry.
Minho, whose real name is Choi Min-ho, debuted with SHINee in 2008 and has since established himself as a multifaceted entertainer, engaging in music, acting, and variety shows. His recent real estate investment is seen as a significant move, showcasing his growth and maturity in both his career and personal life.
As the South Korean entertainment industry continues to evolve, the intersection of fame and real estate becomes increasingly prominent. Celebrities like Minho and Ha Jung Woo are not just icons in their fields but also savvy investors who recognize the value of high-end properties.
The excitement surrounding Minho's purchase of Tierra House is palpable, with fans eager to see how he will make the space his own. As he embarks on this new chapter, the K-pop star joins the ranks of other celebrities who have made headlines with their real estate ventures, further solidifying his status in the industry.
In conclusion, Minho's acquisition of this luxury penthouse not only marks a personal milestone in his life but also reflects the broader trends within the celebrity real estate market in South Korea. With his successful career and new home, Minho is poised to continue making waves in both the entertainment and real estate sectors.
