Lee Seung Gi and Baekhyun are facing unexpected financial uncertainty after the luxury villas they leased in Seoul were seized due to the legal troubles of One Hundred chairman Cha Ga Won. The National Tax Service recently froze multiple units of Lanuvo villas in Hannam-dong, citing Cha’s massive unpaid taxes. In addition, a domestic company successfully petitioned the court for a provisional seizure of Cha’s ownership stakes, leaving her unable to exercise property rights over the villas.
The two celebrities had signed high-value jeonse contracts for units in Lanuvo Phase 1. Lee Seung Gi’s contract was reportedly worth ₩10.5 billion KRW (about $7.17 million USD), while Baekhyun’s reached ₩16.0 billion KRW (around $10.9 million USD).
Both had taken out substantial personal loans to cover their deposits. With all four Phase 1 units now under provisional seizure, experts warn that an auction could transfer the loan burden entirely to the tenants, placing them at risk of significant debt and potentially leaving them without their homes.
Cha Ga Won’s Financial Troubles Could Threaten Artists and Celebrity Tenants’ Homes
Cha Ga Won, who runs One Hundred and its associated labels, is also facing a separate lawsuit worth tens of billions of won. Critics have raised concerns that her financial mismanagement may affect not only real estate holdings but also artists and employees connected to her business operations.
As legal proceedings continue, attention is focused on whether Lee Seung Gi and Baekhyun can reclaim their deposits or if they may face the extreme consequence of losing their residences. The unfolding situation highlights the hidden risks that celebrities may encounter when investing in or leasing properties tied to financially unstable owners.
