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Seohyun Pays Off $1.2 Million Mortgage on Gangnam Apartment in 10 Months

October 11, 2013 at 12:00 pm EDT

Balling! Seohyun of Girls' Generation has paid off the mortgage of her $1.2 million Gangnam, Seoul, apartment in under 10 months.

PHOTOS: See Inside Girls' Generation Hyoyeon's Luxe Penthouse!

According to a report by WithUs Asset Management, the 22-year-old singer took out a $1.2 million (USD) mortgage on a luxury villa apartment in the Daewoo Members County estate located in the luxurious Gangnam ward of Chungdam last May and had paid off the entire sum by February this year.

Seohyun at the press conference for SBS drama Passionate Love in Yeongdeungpo on September 23 Credit: Jo Seong Jin/Dispatch Images

Seohyun at the press conference for SBS drama Passionate Love in Yeongdeungpo on September 23
Credit: Jo Seong Jin/Dispatch Images

A representative from the property agency said that the songstress had purchased the property during a "bleak recession period" last year with mortgage financing and suggested that the idol star had strong investment skills.

Block five of the Chungdam Daewoo Members County estate was erected in 2004 over four stories and accommodates 19 apartments. Each luxe residence has four bedrooms, two bathrooms and advanced entry access security systems.

The Daewoo Members County estate in the luxurious Gangnam ward of Chungdam Credit: Google Street View

The Daewoo Members County estate in the luxurious Gangnam ward of Chungdam
Credit: Google Street View

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It's also been revealed that Kara's Goo Hara has made her own rise on the property ladder with the purchase of a luxury $1.1 million detached house in Chungdam. Apparently Goo Hara paid for the four-bedroom property in cash!

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