'Gangnam Style' star Psy splashes out $1.25m on Beverly Hills condo

London, Dec. 21 (ANI): South Korean rapper Psy has shelled out 1.25 million dollars to buy a lavish two-bedroom pad.

The 34-year-old singer paid the entire sum in cash, wired directly from Korea.

The Korean video sensation used his 'Gangnam Style' money to purchase the 2,700 sq. ft. pad in the famous Blair House - an exclusive 29-story hot spot located near Beverly Hills, TMZ.com reported.

The cash payment isn't surprising, considering Psy raked in a reported 7.9 million dollars for the hit track in the last few months alone.

According to sources, Psy wanted to keep the deal a secret and even had security around him at all times during the massive transaction.

He plans to remodel his new acquisition. (ANI)