Kasa Korea is taking its real estate trading model to Singapore.
Kasa Korea said Thursday that it has chosen the Korea Technology Center building in Gangnam District, southern Seoul, as the third building to list on its platform.
Buildings cost a fortune in Seoul, especially in the Gangnam District in the southern part of the capital city, but now there is a way to own a piece of high-end Korean property for 5,000 won ($4.30).
Kasa Korea, a real estate securities trading site, on Wednesday said its offering of 800,000 shares for fractional ownership of a building in southern Seoul was sold out in just two hours and 27 minutes.
Kasa Korea, a real estate investment site, on Wednesday started marketing units in the second building to be traded on its platform.
Trading in government-approved digital asset-backed securities (ABS) will commence Friday with the listing of a commercial building in Yeoksam, southern Seoul.