Singer Younha was revealed as the buyer of FT Island member Choi Minhwan 's residence for 3.8 billion KRW (approximately 2.72 million USD) last August.

According to a report by Herald Economy on November 29, official real estate documents confirm that Younha has acquired this detached property located in the prestigious Yulhyeon-dong area of ​​Seoul. The transfer of ownership was officially completed on November 18.

The property is subject to a mortgage of 1.725 billion KRW (approximately 1.24 million USD). Since mortgages are typically set at 120% of the loan amount, Younha is estimated to have borrowed approximately 1.4 billion KRW (approximately 1.01 million USD) to complete the purchase.

The residence has a total area of ​​408.74㎡ and a land area of ​​312㎡, with an average transaction price of 40 million KRW (approximately 28,651 USD) per 3.3㎡.

Choi Minhwan originally acquired the property for 1.25 billion KRW (approximately $895,000) in 2015. He later demolished the existing structure and built a multi-family home with a basement and two floors above ground, where he resided with his family.

Choi, who married former Laboum member Yulhee and had three children, faced a high-profile divorce last year. The split was accompanied by controversy, including allegations against Choi and public statements from his ex-wife, though police investigations did not lead to any charges.

The sale of the property attracted attention due to the significant profit Choi made, while Younha's purchase of the residence for KRW 3.8 billion (USD 2.72 million) added an extra layer of interest, sparking discussions about the singer's real estate investment.