# Kim Kwang-kyu Buys Seoul Home 28 Years Later After Jeonse Fraud Loss

- URL: https://unnienote.app/en/news/kim-kwang-kyu-buys-seoul-home-after-jeonse-4e5bc7
- Published: 2026-11-04T00:59:21.138Z
- Publisher: Unnie Note

> Actor Kim Kwang-kyu has bought a home in Yeonhui-dong, Seoul, with a loan, years after losing his savings to a jeonse fraud.

## Key points

1. Kim said he bought the Seoul home with a loan on the October 31 broadcast of MBC's 'Need Some Help?'.
2. He lost about 120 million won in deposit money in a jeonse fraud he described on MBN in February.
3. He said he spent three years in court without recovering the money.

## What happened?

Actor Kim Kwang-kyu revealed on MBC's variety show 'Need Some Help?' that he has bought a home in Yeonhui-dong, Seoul. He said he had wanted a home in Seoul for 28 years and financed the purchase with a loan. The reveal came during a segment where Yoo Jae-suk, Haha, Heo Kyeong-hwan, and Joo Woo-jae acted as his daily assistants.

## Why does this story matter?

Kim has spoken openly on several shows about his housing struggles. In 2022 he appeared on 'I Live Alone' and said he had bought his first home in Songdo, Incheon, at age 56. He later expressed frustration that Seoul apartment prices had risen sharply from a level he could once have bought at.

## What was the jeonse fraud?

In February, on MBN's 'Kim Ju-ha's Day & Night', Kim described being defrauded by a real estate agent. According to him, the agent had a home rented out on monthly rent arranged as a jeonse contract without the owner's knowledge. When the real owner later demanded rent, Kim learned of the scheme. By the time he went to the agency, the office was empty. He said he lost savings he had built over 11 years and that three years of legal proceedings did not recover the money.

## For international fans

Kim is a veteran actor and comedian who is widely known on Korean variety programs. Jeonse is a Korean lease system in which tenants pay a large deposit instead of monthly rent, which makes deposit fraud a serious risk for renters.

## FAQ

### Where did Kim Kwang-kyu buy his new home?

He said he bought a home in Yeonhui-dong, Seoul, using a loan. He revealed it on MBC's 'Need Some Help?'.

### What is jeonse?

Jeonse is a Korean rental system where a tenant pays a large lump-sum deposit rather than monthly rent. The deposit is returned when the lease ends.

### How much money did Kim Kwang-kyu lose in the fraud?

He said he lost about 120 million won in deposit money, including 30 million won he had borrowed.

## Sources

- [Xportsnews](https://www.xportsnews.com/article/2213864)

_Written and translated with AI from official announcements and Korean media reports. If something is wrong, please let us know._