A exclusive reported on how much ‘s “March Rabbit” building must be worth now, in 2024. In November 2017, the member purchased the luxurious glass building for ₩8.85 billion KRW (about $6.
52 million USD). According to Building Road Real Estate Brokerage, the building was purchased under his name with a loan principal of ₩3.00 billion KRW (about $2.
21 million USD), meaning that the purchase was made with ₩5.85 billion KRW (about $4.31 million USD) in cash.
The building, named “March Rabbit” in reference to the White Rabbit character in , has received architectural awards from the Gangnam District Office and has also been featured by international media as one of the world’s most beautiful buildings. So how much is it worth now? Recent estimates suggest that the building has appreciated by at least ₩8.00 billion KRW (about $5.
90 million USD). There have been several transactions in the area at prices ranging from ₩180 million KRW (about $133,000 USD) to ₩250 million KRW (about $184,000 USD) per (a unit of area and floorspace). Building Road Real Estate Brokerage’s Kim Kyung Hyun explained, That’s double what it was worth in 2017 at the time of purchase.
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