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BLACKPINK’s Jennie Buys Former Iraqi Embassy Building in Seoul

Jennie real estate move has captured attention across both entertainment and property circles. Recently, officials confirmed that Jennie purchased a building that once served as the Iraqi Embassy in South Korea. Moreover, this high-profile deal highlights her growing interest in premium real estate investments.

According to the Ministry of Land, Infrastructure and Transport, Jennie bought the property in Dongbinggo-dong, Yongsan-gu, Seoul. She completed the purchase on May 24 last year. The total transaction reached 20 billion Korean won. Specifically, the land cost about 19.8 billion won. Meanwhile, the building itself cost nearly 100 million won.

Soon after, she finalized the ownership transfer on December 3 of the same year. In addition, official records showed no mortgage registration on the property. Therefore, analysts believe she paid the full amount in cash. This detail further strengthened public interest in the Jennie real estate move.

The site covers about 595 square meters. The structure includes a basement and two above-ground floors. Furthermore, the price per pyeong reached around 110 million Korean won. The surrounding neighborhood includes several embassy residences. For example, the Hungarian and Libyan diplomatic residences stand nearby. Previously, the Iraqi diplomatic mission operated from this building. However, authorities completed the relocation process earlier. Currently, the Iraqi Embassy operates from Hannam-dong in Seoul.

Notably, this purchase does not mark Jennie’s first real estate investment. In July 2023, she bought a luxury unit at La Terrasse Hannam. She reportedly paid around 5 billion Korean won in cash. The unit spans about 286 square meters. It also contains five rooms and three bathrooms. Moreover, she leased an entire newly built building last year. She uses that space for her one-person agency, Odd Atelier. Reports indicate the monthly rent exceeds 60 million Korean won.

Meanwhile, Jennie continues her music career with BLACKPINK. The group plans to release its third mini-album, “DEADLINE,” on the 27th. This release marks their first new album in over three years. Fans expect strong global interest. Consequently, Jennie real estate move adds another dimension to her public profile, blending entertainment success with strategic investment decisions.

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