Why RealX is Interesting?

Why RealX is Interesting?

RealX token is backed by condominiums under Origin Property Public Company Limited, located in the prime areas of Bangkok. There are three condominiums in the projects as follows:

1. Park Origin Thonglor (138 units)
2. Park Origin Phayathai (123 units)
3. Park Origin Prompong (100 units)

All three condominiums are centrally located and have been deemed suitable for long-term investments. Moreover, holders of RealX tokens do not need to personally manage the condominiums as there is a dedicated team to take care of them.

The main selling point for investors is the potential returns. The issuing company has specified that returns on investments will come from two sources:

1. Quarterly returns from the net rental income of the condominiums in all three projects over a 10-years period, starting from the project’s initiation. In the first five years, Park Luxury Co., Ltd., a subsidiary of Origin Property Public Company Limited, will guarantee the net income at a rate of 4%, 4.25%, 4.50%, 4.75%, and 5% per year of the token’s proposed value, respectively.
   
   
2. Returns from the gradual sale of the condominiums in all three projects during years 6–10 (including the possibility of extending the project), along with quarterly returns from net rental income.

Do RealX held on Bitkub Exchange receive dividends?

Individuals who hold RealX on Bitkub Exchange will receive dividends based on the proportion of tokens they hold and the dividend distribution ratio set by the coin issuer.

When it is time to distribute returns, Bitkub Exchange will take a screenshot of the coin balances at the specified time and transfer the dividend payments to customers through the Wallet associated with the accounts that hold RealX.

Reference

• RealX