Rain buys a 10 billion won pink building

Rain_081127

Rain has recently purchased a 1024 sq m building in Cheongdam-dong, Kangnam for a reported 10 billion won (a bargain basement price of 6.8 million USD due to weak won). The building is valued at 15 billion won but the media reports that his world star status got him a huge discount (yah, right!).

Interestingly, I remember the location of this building since I witnessed a huge ggangpae fight there (big man chasing smaller man chasing girl & man dragged by car) a few years ago. Also, the building is only 20 meters away from his old workplace at JYP Entertainment. If you are interested, the building is located at the first alleyway west of Cheongdam intersection (across from Gucci store).

Already, the building houses Rainy Entertainment, which is run by his father. However, no word yet if J-tunes will be moving in too. If he does, the pink paint needs to go.

88 Responses to “Rain buys a 10 billion won pink building”


  1. 1 U November 28, 2008 at 9:52 am

    Oh god! Korea living standard is so high (usd6.8 million for a small shoplot like this). I wonder how the poor people could survive in korea.

    And no wonder you can see most of the singer like big bang or DBSK group usually have someone over exhausted and sent to hospital due to their working environment, poor thing!

    To be outstanding you got to be the best and fast and furious in this field. Over these few years, rain had really work damn hard to earned all this money to buy his future retirement.

    Well done Rain! Ajar Ajar Fighting!

  2. 2 Pamala November 28, 2008 at 10:07 am

    When this shop finish decoration? I will go for there….
    Is Rain will there?
    What ’s wrong with pink colour? I like pink.

  3. 3 mi mi November 28, 2008 at 10:09 am

    that’s the worst house i’ve ever seen! it needs some makeover

  4. 4 sierra November 28, 2008 at 10:44 am

    It’s nice to have lots of money to invest :P At least we know he was getting the profits from his album… not like some who were tied to slavery contracts…

  5. 5 whello November 28, 2008 at 10:52 am

    wow… o_O i don’t if that’s a good buy or not. may be it is maybe it’s not. hehehe :]]

  6. 6 Aaliyah8 November 28, 2008 at 11:30 am

    Lols… any RAIN news is great news even if it baseless to know! Thanks PopSeoul!

  7. 7 lol November 28, 2008 at 12:25 pm

    He’s out of his mind!

  8. 8 hmmm. November 28, 2008 at 2:07 pm

    he could of got a better house.

  9. 9 felisshi November 28, 2008 at 2:34 pm

    Harvest time for Rain. This is just one of the fruits of his hard labor. Way to go Rain!!!!! Hope you didn’t get a lemon.

  10. 10 kate0423 November 28, 2008 at 2:36 pm

    I think he bought the place because of the location not the house/store. It’s a corner lot and he’ll renovate it and add more floors to the existing one.

  11. 11 May November 28, 2008 at 3:23 pm

    Why the hell does that building cost so much? It doesn’t even look fancy.

  12. 12 [ t u s h i ] November 28, 2008 at 4:03 pm

    you witnessed a gangfight??? oooh…i wanna hear more details.
    i soo wanted to witness one when i went back in august last year….but since my stay was very short…i didnt get to see much stuff…
    and rain…gosh…he just keeps on going bad to worse.

  13. 13 Dovey November 28, 2008 at 4:26 pm

    To a poor person like me…damn, this is mighty expensive. O_o

  14. 14 Kaybee November 28, 2008 at 5:27 pm

    He earned it! :)

  15. 15 sunnyside November 28, 2008 at 5:37 pm

    so rain pretty much owns two entertainments? hmmm that new.
    So Rainy entertainment is runned by his father? that’s kinda weird. What was his oocupation?

  16. 16 olivia18888 November 28, 2008 at 6:05 pm

    rain needs a pink building??? PUAHAHA

  17. 17 universal laws November 28, 2008 at 6:35 pm

    wow.. that guy is very rich, even he is girlish.

  18. 18 fraulein November 28, 2008 at 8:02 pm

    ” I guess he really is Pinky ” – touche!

  19. 19 jadu November 28, 2008 at 8:13 pm

    Congratulations!
    and MARRY ME!

  20. 20 neznaj November 28, 2008 at 10:01 pm

    i love rain soo much!hope to see him one day…

  21. 21 neznaj November 28, 2008 at 10:06 pm

    rain has the prerogative to buy anything he wants beside its from his earnings…it was the fruit of all his hardwork…

  22. 22 apb148 November 28, 2008 at 10:47 pm

    looks like a good building if you’re Don Johnson.

  23. 23 kpoptshirtindonesia November 29, 2008 at 1:06 am

    enjoy the pink building rain!!!^^

  24. 24 grupohypermarkup November 29, 2008 at 1:41 am

    enjoy darling!

  25. 25 News Desk November 29, 2008 at 1:41 am

    Reports in Indian media suggesting that he’ll be featuring in one of the most awaited Warner Bros. Indian Movie along with Indian Super Star AKSHAY KUMAR in ‘Chandni Chowk to China’ in a special appearance

  26. 26 soju November 29, 2008 at 2:16 am

    geez, just COME OUT already!

  27. 27 slider527 November 29, 2008 at 6:14 am

    is he planning to live in it?! :S

  28. 28 Bowie Ng November 29, 2008 at 10:44 am

    dam hes OD rich :o

  29. 29 kate0423 November 29, 2008 at 5:55 pm

    Maybe he bought the place for business purposes because he already have a house near Song Hye Gyo and Kim Seung Woo in Samsung-dong. Regardless of the color of the property it’s a good buy and maybe he’ll renovate it too.

  30. 30 JOANA November 30, 2008 at 8:42 am

    @New Desk

    is that true? omg.. hooney’s popularity is travelling as far as India? oh may, he’s sure a big star

  31. 31 mrs bariqikram November 30, 2008 at 9:16 am

    cool rain~~
    u r gr8 guy now~
    tatgood ideas~ 2 invests ~~

    getting riches~~

    aja aja aja ~~ Fighting~~
    success Rain~`

  32. 32 mrs bariqikram November 30, 2008 at 9:18 am

    Tat good rain~~ invests ur money~~

    getting riches~~

    well done~~

  33. 33 tytika December 1, 2008 at 10:27 am

    wait so rain was originally from JYP?
    and he’s making his own?rainy? haha. like rainie

  34. 34 m14 January 31, 2009 at 1:16 pm

    nothing wrong with pink . it’s cute .


  1. 1 Rain Flashes The Power Of His Wallet And Buys A 7 Million Dollar buidling Trackback on November 28, 2008 at 2:11 pm
  2. 2 Top Posts « WordPress.com Trackback on November 30, 2008 at 8:59 am
  3. 3 Rain wants you to go to his cafe « POPSEOUL! Trackback on January 30, 2009 at 7:34 pm
  4. 4 Rain wants you to go to his cafe | AZNVids.Net Trackback on February 9, 2009 at 12:11 pm

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