Jennie BLACKPINK: Beli Gedung Kedubes Irak Rp233 Miliar?

Jennie, of the globally renowned group BLACKPINK, has recently become the subject of significant attention following reports of a substantial real estate purchase in Seoul, South Korea. According to industry sources, Jennie acquired a building in the Yongsan District for 20 billion won, equivalent to approximately 233 billion Korean won (based on an exchange rate of 1 won to 11.66 Korean won).

A Cash Transaction

The Korea Times reported on Thursday, February 12th, that the property was purchased with a full cash payment. This detail, initially reported by Korea Economic Broadcasting on Wednesday, February 11th, indicates a significant personal investment by Jennie Kim.

Did You Know? The building, originally constructed in 1970, is located in the Dongbinggo-dong area of Yongsan, a district known as a hub for embassies in Seoul.

Property Details

The purchased building, currently operating as the Iraqi Embassy in Seoul, encompasses a land area of 595 square meters and a total floor space of 551.08 square meters, including a basement and two upper floors. Records indicate no existing mortgages or loans associated with the property.

Strategic Location and Recent Investments

Dongbinggo-dong is experiencing increased development activity, fueled by large-scale redevelopment projects like Hannam New Town and the creation of Yongsan Park. This makes the area a strategically important zone for redevelopment within Seoul. Jennie’s investment follows a pattern of significant real estate acquisitions; in 2023, she purchased a luxury villa in U.N. Village for 5 billion won, also with cash. In 2025, she leased a new building in Hannam-dong to establish her personal agency, Odd Atelier.

Expert Insight: Jennie’s series of high-value, all-cash property purchases suggests a deliberate strategy of investment in a rapidly developing area of Seoul, potentially anticipating future appreciation in value as redevelopment projects progress.

Odd Atelier has declined to comment on the details of Jennie’s personal life. Jennie is currently preparing for a comeback with BLACKPINK, with their third mini-album, “DEADLINE,” scheduled for release on February 27th.

Frequently Asked Questions

When was the building originally constructed?

The building was originally constructed in 1970.

What is the current use of the building Jennie purchased?

The building is currently used as the Iraqi Embassy in Seoul.

Did Jennie take out a loan to purchase the building?

No, records indicate the purchase was made entirely in cash, with no mortgages or loans registered against the property.

As Jennie continues to balance her career with BLACKPINK and her personal investments, how might these ventures influence her future artistic and business endeavors?