Why are Korean celebrities selling their multimillion dollar properties?

Kim Tae-hee (pic), Ha Jung-woo, Soyou and more put properties on sale apparently due to government’s stricter rules. Photo: Handout

For South Korean celebrities, making headlines for property investments has long been a sign of success.

The global popularity of Korean movies, television and K-pop has allowed A-listers to rake in cash and purchase properties in Korea’s most coveted locations.