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    Home»IVE»TWICE’s Nayeon Embroiled In Controversy Over Latest Building Purchase
    TWICE's Nayeon Embroiled In Controversy Over Latest Building Purchase
    IVE

    TWICE’s Nayeon Embroiled In Controversy Over Latest Building Purchase

    August 29, 20262 Mins Read
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    Netizens are upset over the method she used for the purchase.

    4 minutes ago

    TWICE‘s Nayeon is facing intense scrutiny after the news of her latest real estate purchase became public.

    Nayeon |@nayeonyny/Instagram

    According to reports on August 28, KST, Nayeon has signed a contract to acquire a land and building in Cheongnam-dong for ₩9.50 billion KRW (about $6.88 million USD). The purchase was made on May 3 of this year, and the ownership transfer was completed on August 24.

    The building purchased by Nayeon

    Reports claim that a mortgage with a maximum secured amount of ₩10.2 billion KRW (about $7.39 million USD) has been registered against the property. Though this number does not necessarily represent the exact amount Nayeon borrowed, it indicates that financing secured against the property was established.

    As news of Nayeon’s new property purchase became public, the idol came under heavy public scrutiny for having made the purchase with a bank loan. Many netizens complained that she received an unfair advantage over the struggling ordinary population of the country.

    | theqoo

    • “Looks like loan regulations need to be tweaked again; newlywed couples are in a real bind because they can’t get loans.”
    • “Why does she live like that? She must have made a lot of money. Did she really have to max out their loans to buy it?”
    • “If this had happened back when they were the undisputed number one in the country, the comments would’ve easily topped a thousand. Reactions have definitely softened, huh? Haha… It’s the ordinary people who really suffer in the end.
    • “A collateral mortgage of 10.2 billion won was registered on the property. Nayeon must have plenty of money, yet she bought it using the maximum possible loan…”
    • “It’s a total nightmare trying to get a loan right now, so I’m seriously envious.”
    • “

    TWICE

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