- By Swati Singh
- Wed, 09 Jul 2025 03:24 PM (IST)
- Source:JND
Korean star Kim Soo Hyun has sold one of his luxury apartments in the esteemed Galleria Fore complex in Seoul. He further clarified that the sale was not a reaction to financial strain. The transaction, finalised on July 3, involved a spacious 170.98 ㎡ unit that was sold for a substantial 8 billion KRW (approximately 6.15 million USD).
Notably, Kim Soo Hyun had initially purchased this property in 2014 for 3.02 billion KRW, making the sale a profitable venture for the actor. Despite the sale occurring shortly after he became embroiled in a high-profile lawsuit, where advertisers were seeking damages, Kim Soo Hyun's camp has moved to dispel rumours that the sale was a hasty response to financial pressures, instead framing it as a business decision.
According to sources, the sale of Kim Soo Hyun's apartment was a pre-planned transaction, with a buyer already lined up since last year. The recent contract signing was merely a formality, debunking speculation of a rushed sale due to financial pressures or the ongoing lawsuit.
What is Kim Soo-hyun controversy?
Kim Soo-Hyun faced public backlash over allegations of dating Kim Sae Ron, a minor, for six years starting in 2015. He denied these claims multiple times. Despite his long-term partnerships, several brands, including Cuckoo Electronics, have cut ties with him due to the negative publicity. The legal disputes are ongoing, with multiple court cases and asset seizures involved.
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Additionally, other companies, including a cosmetics firm, have filed lawsuits against Kim, with one company seizing his luxury apartment over unpaid penalty fees.