Home Korean News PSY’s high-end villa purchased in 2.20 billion KRW seized after building code violations; Gangnam Style singer settles unpaid fines

PSY’s high-end villa purchased in 2.20 billion KRW seized after building code violations; Gangnam Style singer settles unpaid fines

by Liza Terry
PSY’s high-end villa purchased in 2.20 billion KRW seized after building code violations; Gangnam Style singer settles unpaid fines

PSY’s high-end villa purchased in 2.20 billion KRW seized after building code violations; Gangnam Style singer settles unpaid fines

PSY’s luxurious sing was once seized after he did now not pay the unpaid fines imposed for violating constructing regulations. Learn relating to the unusual situation of the converse below.

PSY: image from P NATION
PSY: image from P NATION

Serve in 2008, PSY and his wife purchased a luxurious duplex value 2.20 billion KRW for the time being. The unit is located within the UN Village at Hannam-dong, one of the wealthiest neighborhoods in all of Seoul. On the change hand, after making several constructing adjustments to the constructing, complaints had been raised about violations of regulations. The difficulty later led to the seizure of the sing altogether.

In response to a recent document, after officials confirmed the violations of the constructing code, PSY was once asked to reach the villa to its favorite sing. Seriously, after buying the unit within the UN Village, the singer had connected it to a cease by place of work situation. Complaints had been raised relating to the unauthorized constructing and expansion.

No topic the professional orders, the constructing was once no longer returned to its favorite sing, and the couple was once fined for the violations. As per the experiences, PSY did now not pay the penalty costs for over a year, which led to the seizure of the property by the local district place of work. Even though the exact quantity was once no longer disclosed, it is believed to incorporate accumulated hobby and important backdated costs.

Meanwhile, the experiences additional said that the “Gangnam Vogue” singer at final settled the unpaid fines in October 2024. Following this, the seizure was once lifted. On the change hand, since the corrective measures are mild incomplete, the property remains officially labeled as non-compliant. As per the experiences, the singer’s company has remained tight-lipped when asked to present an announcement.

Seriously, PSY, the legendary figure in K-pop, is known for his exact estate investments. While the dispute relating to his UN Village villa unfolded, he reportedly secured yet every other high-dwell sing in Itaewon, valued at over 10 billion KRW. In response to the document, he purchased the unit motivate in September, even earlier than paying the unpaid fines, which sparked curiosity about his monetary priorities.

PSY is continuously thought to be one of the pioneers of the Hallyu wave. In 2012, he done an unprecedented favorite of success along with his global hit Gangnam Vogue, which remains one of the listened-to K-pop songs across the globe. Some of his diversified hits are Gentleman, Daddy, Hangover (feat. Snoop Dogg), and additional.

Source credit : pinkvilla

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