Rain’s Magic Stick is bringing him plenty of money.
The hallyu star just recently bought a building in Gangnam, Seoul worth 10,000,000,000 KRW (6.7 million USD). This 310 sq. m. commercial building is currently being occupied by a flower shop on the first floor but rumor has it that Rain might move his company JTune into this building.
If that happens, Bi might just find himself in close proximity with his former mentor because the office of JYP Entertainment is just right around the corner—20 meters from Rain’s building to be exact.
Gangnam-gu is one of the more upscale areas in Seoul with several shopping and entertainment centers located around the district. And with an international artist purchasing a property in this area, the real estate value in Gangnam is said to increase.
News and Photo Credit: Newsen

January 5th, 2009
11 Comments at "Rain is JYP’s new neighbor"
i read somewhere else that he got it for less than a million, it may just be that i didnt have my glasses on at that time…ahhhh i’m getting old
ugh, good for Rain? I guess?…
Guess he’s really familiar with the area and feels comfortable there too.
Maybe he’ll use it as a shop for his new clothing line.
he needs to stay close by his gorilla…
since I think this whole Jtunes crap is
just make belief..People is still under JYPE
uh, all i can think of is…damn, that flower shop owner must be one rich SOB now!
hmmmm……
seems lyk he wants to annoy JYP!><
wow, playing with his magic stick really rakes in the dough huh?
he still need JYP i guess
He lost without JYP.
Probably will repaint it and turn it into a shop for his clothing line.
of course… he said that JYP is STILL his mentor. though he’s starting his own company and stuff, but he still asks jyp for advice.
he would be lost without his big daddy XD
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