The Trunk’s Seo Hyun Jin becomes victim of 2.6 billion KRW housing scam; all we know about attempts to recover loss
Actress Search engine marketing Hyun Jin faces financial loss after landlord fails to attain her multimillion-greenback jeonse deposit. It caused appropriate action amid South Korea’s proper property downturn. Read more right here!
Popular actress Search engine marketing Hyun Jin, identified for her fresh characteristic reverse Gong Yoo in The Trunk, is now making headlines for an fully totally different motive! An escalating appropriate and financial nightmare has left her entangled in a single of South Korea’s rising housing scandals.
Multi-billion Obtained jeonse deposit at the center of dispute
In holding with experiences from NewsPirit on June 2, Search engine marketing Hyun Jin filed for a public auction in April, 2025. It’s to retrieve a if truth be told intensive jeonse deposit after her landlord defaulted on returning the amount when her rent expired.
Files from the Supreme Court docket verify that the actress entered valid into a rent settlement in April 2020 for a villa located within the upscale Gangnam district of Seoul. Beneath the jeonse machine, Search engine marketing Hyun Jin before all the pieces deposited 2.50 billion KRW (roughly 1.81 million USD). In 2022, she renewed her rent, increasing the deposit to 2.65 billion KRW (roughly 1.92 million USD).
Jeonse is a particular Korean condo formula the place tenants pay a monumental lump-sum deposit as a replace of month-to-month rent. Nonetheless, when the rent reached its discontinuance in early 2024, the proprietor did now not attain the deposit, despite Search engine marketing’s appropriate registration as a leaseholder. With no decision in look and the property rights on her aspect, she initiated appropriate proceedings within the hold of a court docket auction to enhance the money.
Property now deemed financially worthless
In an even looking out construction, the property has now been classified as a ‘kkangtong rental,’ a colloquial duration of time which formula ‘tin can rental.’ It’s stale to portray proper property that has misplaced so critical market value it is now price much less than the total debt and deposits it carries. Though the villa used to be before all the pieces appraised at spherical 3 billion KRW, the first spherical of court docket-led bidding did now not diagram a single buyer.
The latest court docket stare indicates the minimum express has been slashed to 2.30 billion KRW, gathered critically beneath the amount Search engine marketing Hyun Jin had paid. Analysts warn that basically the latest economic climate and plummeting housing values within the Korean proper property market make a label restoration extremely now now not going within the attain future. Which means, the actress is poised to undergo a painful financial loss.
Company responds with caution
When contacted by newshounds, Search engine marketing Hyun Jin’s company, Management Soop, responded cautiously, declaring, “It’s advanced to verify because it is a matter of her non-public lifestyles.” The company refrained from sharing whether or now now not she intends to pursue further appropriate action previous the court docket auction.
Irrespective of setback, actress prepares for contemporary drama
Amid this deeply non-public financial wrestle, Search engine marketing Hyun Jin stays committed to her appearing profession. She is currently making willing to large name within the upcoming drama Take care of Me. It is a Korean adaptation of the Swedish series of the same name.
Source credit : pinkvilla