CitaDAO Launches Tokenization of Prime Singapore Industrial Property

Citadao.io
3 min readApr 19, 2023

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SINGAPORE, April 10 2023 — CitaDAO, a pioneer in decentralized finance for real estate tokenization, is poised to transform the industry with the launch of its third Introducing Real Estate On-Chain (IRO) project. This groundbreaking initiative tokenizes a highly sought-after industrial property in Midview City, Singapore, paving the way for a new era of real estate access.

A New Paradigm in Real Estate

This innovative IRO project empowers individuals to participate in the thriving Singapore real estate market with ease, security, and transparency. CitaDAO’s unique approach to real estate tokenization offers a more inclusive experience, breaking down traditional barriers to property ownership.

Key IRO Information

Address: 18 Sin Ming Lane, Midview City, Singapore
IRO Value: US$635,000
IRO Dates: April 18, 2023 — May 6, 2023

The Future of Real Estate

CitaDAO’s vision extends beyond traditional real estate transactions, offering a solution to longstanding issues of limited access and liquidity. By tokenizing real-world properties through IROs, participants can enjoy the benefits of property ownership using cryptocurrency while leveraging the advantages of blockchain technology, earning income generated from real-world property through cryptocurrency.This revolution in real estate allows for a more secure and transparent experience.

Singapore’s Prime Property Opportunity

Located in the heart of the Central Region, Midview City is a bustling integrated business hub featuring superb connectivity and a diverse range of premium spaces. The property is surrounded by amenities such as recreation clubs, shopping centers, and food courts.

The building offers businesses with an outstanding corporate image and dynamic environment, hence, there is a diverse range of tenants occupying the space, ranging from IT services, to Business & professional services, Construction, Retail, etc. This property is also anchored by unicorns like Grab, GoJek, Carro… — Big players in The Private Transport Industry. They signed a fresh new lease at a rent that is 15% higher than the existing lease.

Its prime location and high-caliber tenants make it an attractive ownership opportunity.

Capitalizing on the Tokenization Trend

As real estate tokenization gains momentum, CitaDAO’s latest IRO is perfectly positioned to ride this wave of innovation. By participating in this IRO, individuals can benefit from Midview City’s strong demand and take advantage of the new possibilities that decentralized finance has to offer.

Upon successful IRO, a legal transaction will be required before Real Estate Token (RET) are minted, and later on, participants can claim Real Estate Token (RET). RET comes with many use cases, among which is the ability to participate in various Liquidity Pools as a market maker.

By participating in CitaDAO’s latest IRO process, you can enjoy the benefits of transparency, security, and liquidity that come with blockchain technology. It’s simple to participate in the process without intermediaries or stress, providing you with a rare and exciting opportunity that you may wish to explore further. If you’re interested in high-quality industrial unit in Singapore, check it out at app.citadao.io

Interested to learn more? Follow us on Twitter @citadao_io, join our community on Discord, or check out our website citadao.io

Disclaimer: The information contained in this communication is based on sources considered to be reliable, but not guaranteed, to be accurate or complete. This communication should not be relied upon or the basis for making any investment decision or be construed as a recommendation to engage in any transaction or be construed as a recommendation of any investment strategy

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Citadao.io
Citadao.io

Written by Citadao.io

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