For subscribers
S’pore’s thriving property market drives investor interest in real-estate tokens
Sign up now: Get ST's newsletters delivered to your inbox
Fraxtor Group’s chief investment officer Samuel Lee (right, with executive director Joyce Ng and managing director Oliver Siah) said the platform’s members in Singapore have grown by 80 per cent to nearly 300.
ST PHOTO: JASON QUAH
Follow topic:
SINGAPORE – For full-time private investor Wong Yong Kai, an opportunity to invest in a landed property with a starting sum of just $20,000 was too tempting to ignore.
Mr Wong, who is in his late 30s, decided to commit $100,000 to a redevelopment project led by FRX Capital to transform a bungalow in Haig Road into a trio of terrace houses. He invested in the project in 2020 via digital tokens offered by online real-estate investment platform Fraxtor, which shares the same founders as FRX Capital.
