Ownership tax alone is 410 million won, who will live in The Penthouse Cheongdam

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‘The Penthouse Cheongdam’ (PH129) in Cheongdam-dong, Gangnam-gu, Seoul, broke the official price of the house owned by the late Samsung Electronics Chairman Lee Kun-hee and became the most expensive apartment house in the country this year.

According to the Supreme Court’s Internet registry on the 15th, the Penthouse Cheongdam has celebrities such as celebrity Jang Dong-gun and Ko So-young couple,’Golf Empress’ Park In-bi, Megastudy 1st stroke instructor Hyun Woo-jin, and Chae Seung-seok, former CEO of Aekyung Development.

In April 2017, actor Jang Dong-gun bought and sold a double-story apartment with 83 pyeong (16 floors 211.94 ㎡, 16 floors 62.02 ㎡). In September of the same year, Instructor Hyun Woo-jin also received a sale of a 123-pyeong (19-floor 275.89 ㎡, 20-floor 131.82 ㎡) duplex household.

Former CEO Chae was also confirmed to have received 83 pyeong (211.94m2 on the 3rd floor and 62.022m2 on the 4th floor) in June 2017. In-bi Park also bought and sold a household of 83 pyeong (213.69 m2 on the first floor and 60.27 m2 on the second floor) in November 2019.

In addition, Lee Deok-hee, former chairman Lee’s younger sister, Lee Jong-ki, the daughter of the former vice chairman of JoongAng Ilbo, and Lee Yoo-bin of the beauty brand’Tirtir’ are also reported to have received the apartment.

According to the actual transaction price disclosure system of the Ministry of Land, Infrastructure and Transport, this apartment 273 type (6th floor) was signed in December last year for a deposit of 2 billion won and a monthly rent of 23 million won. The 273.96㎡ pre-sale was traded for 9.5 billion won in October last year, breaking the record-high actual transaction price.

The Penthouse Cheongdam is a luxury apartment built on the site of Ellui Hotel in Cheongdam-dong, Gangnam-gu, Seoul, and is a new construction completed in October last year. The publicly announced price of 407.71m2 for exclusive use announced on this day was 16.32 billion won, which was the highest in the country at once.

The complex is of 29 households, including 27 units of 273m2 for exclusive use of 6 floors below ground to 20 floors above ground and 2 units of the highest floor penthouse. It is known that the sale price of the penthouse on the highest floor of this apartment amounted to 20 billion won, and the other floors were also sold for 8 to 12 billion won.

The Penthouse Cheongdam easily doubled the official price of’Traum House 5th Tea’ in Seocho-dong, Seocho-gu, which is the second place on this day (7.298 million won), and rose to the top of the list price. Traum House is a house owned by former chairman Lee, and has maintained the highest public price for 15 years until last year.

Meanwhile, the apartment’s ownership tax amounted to about 410 million won. The Penthouse’s 407.71㎡ property tax for Cheongdam is the sum of 38.5 million won in property tax, 290 million won in land tax, 13.7 million won for bonsai in urban areas, 7.7 million won in local education tax, and 58.2 million won in special tax for rural areas.

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