Purchased Dilapidated Buildings for Remodeling → Starbucks Opening
Sold Buildings in Seongbuk-gu and Seocho-gu, Seoul, Gaining Tens of Billions in Profit
Comedian Park Myung-soo's wife, Han Soo-min, has attracted attention for her financial acumen after reportedly earning tens of billions of won in capital gains from building investments.
On the tvN show 'Freehan Doctor' aired on the 3rd, the topic was 'Celebrities Who Married Well in the Entertainment Industry,' highlighting Han Soo-min's exceptional financial sense. According to the broadcast, Han is known to have made huge profits through 'Starbucks investment' by utilizing Starbucks stores.
In October 2011, she purchased a building in Seongbuk-gu, Seoul, under her name for 2.9 billion won. The building has a land area of 177㎡ and a total floor area of 474㎡, located near Seongsin Women's University Station on Seoul Subway Line 4, on the way to Seongsin Women's University.
[Photo by Hansumin, Instagram capture]
At the time of purchase, the building was old and shabby, housing convenience stores and karaoke rooms, but after acquiring it, Han remodeled the building and leased all floors to Starbucks, transforming it into a Starbucks building.
The store grew significantly, earning the nickname 'Star Myung-soo' after Park Myung-soo's wife who bought it. The monthly rent, which was around 9 million won at the time of purchase, reportedly rose to as much as 16 million won.
Han sold the building in 2014 for 4.66 billion won, resulting in a capital gain of 1.76 billion won when simply comparing the purchase and sale prices.
Also, in December of the same year, Han purchased a building and land in Bangbae-dong, Seocho-gu, Seoul, for 8.9 billion won. There, she demolished the old building and constructed a new five-story building, leasing it to Starbucks as well.
She sold this building in February 2020 for 17.35 billion won, with a capital gain reaching a whopping 8.45 billion won. Even considering the construction costs, the capital gain is estimated to be close to 6 billion won.
Meanwhile, the Park Myung-soo couple is also known to own another commercial building in Dohwa-dong, Mapo-gu, Seoul. This building houses a skin care specialty clinic operated by Han, and the purchase price at the time was 1.5 billion won.
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