The results of the report surprised many Korean and international netizens.
Specifically, the Top 10 most expensive entertainment company headquarters include:
1. YG Entertainment: 200 billion KRW ($169.2 million).
YG Entertainment bought a building in Hapjeong-dong, Mapo-gu, Seoul (Korea) for an auction price of 2.8 billion KRW, then moved to a nearby location to build a new building worth approx. 180 billion KRW.
In 2016, Mapo District and YG signed an agreement to turn Hapjeong-dong into a combined tourism space. The total estimated value of the 2 buildings that YG owns is about 200 billion KRW.
2. SM Entertainment: 135.3 billion KRW ($114.5 million)
3. JYP Entertainment: 43 billion KRW ($36.3 million USD)
4. Hook Entertainment: 29 billion KRW (24.5 million USD)
‘5. Brave Entertainment: 25 billion KRW (21.1 million USD) 6. FNC Entertainment: 20 billion KRW ($16.9 million)
7. P NATION: 14 billion KR (11.8 million USD)
8. BH Entertainment: 12 billion KRW ($10.1 million)
9. Antenna Music: 10.3 billion KRW ($8.7 million).
10. HYBE: Deposit 17.1 billion KRW (14.4 million USD), rent 1.7 billion KRW (1.4 million USD)/month.