IU Buys $11.7 Million Penthouse and Shocks The Real Estate World

IU Penthouse Purchase

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IU is now the proud owner of an $11.7 million dollar penthouse.

Biz Korea reported on June 1st that IU bought a new unit at Etherno Cheongdam in Seoul for 13 billion won ($11,724,397.10 USD) in February. She also submitted an application for residency to Gangnam Gu Office saying that it would be sold for real residence purposes as it was intended in the permit zone. Even though, she will be living there, she will not be able to move in until construction is over in December 2022.

The news is surprising because some reports suggest that the penthouse will be paid in cash because loans are not possible if a residence is purchased in that complex. Etherno Cheongdam is a luxury complex with the highest sale price in Korea, with Super Penthouse selling at 30 billion won ($27,057,009.00 USD).

Currently, IU is filming the movie “Broker”. She is also busy being very charitable as she donated 500 million won on her last birthday.

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