South Korea’s President Slammed for Selling Home, Giving Buyer Generous Mortgage
5 Articles
5 Articles
It was reported on the 20th that the apartment in Bundang-gu, Seongnam-si, Gyeonggi-do, owned by President Lee Jae-myung, was finally sold for 2.9 billion won. The Blue House stated on the same day, “President Lee has completed the sale of his residence for 2.9 billion won, which is lower than the recent market price,” adding, “As a single-home owner, his obligation to sell.
(Seoul = Yonhap News) Reporter Im Hyeong-seop = It has been reported that the apartment in Bundang-gu, Seongnam-si, Gyeonggi-do, jointly owned by President Lee Jae-myung and his wife Kim Hye-kyung, was finally sold for 2.9 billion won...
An apartment in Yangji Village, Sunae-dong, Bundang-gu, Seongnam-si, Gyeonggi-do, jointly owned by President Lee Jae-myung and First Lady Kim Hye-kyung, was sold for 2.9 billion won. On the day they took over ownership, the buyers established a mortgage with a maximum claim amount of 1.77 billion won in the name of the President and First Lady. The possibility is that this was a transaction in which the payment of a portion of the purchase price…
It has been confirmed that the Kumho Apartment in Complex 1, Yangji Village, Sunae-dong, Bundang-gu, Seongnam-si, which President Lee Jae-myung had owned for 28 years, was sold for 2.9 billion won. This transaction is interpreted as President Lee putting into practice his determination to set an example in real estate policy. According to the Supreme Court’s Certificate of All Registered Matters on the 20th, the apartment in question, which was …
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