Propbase Blossom Residences Sathorn token sale sold out in two hours, raising $85,800 USDC and marking its fastest campaign yet.
Author: Tanishq Bodh
November 11, 2025 – Real estate tokenization platform Propbase achieved another milestone this week after its latest offering, fractional ownership of a condominium unit at Blossom Residences Sathorn, sold out completely within two hours of launch.
The sale, held on November 10, raised $85,800 USDC through 858 tokens priced at $100 each, marking Propbase’s fastest and most successful campaign to date.
Unlike previous Propbase sales that included longer vesting timelines, the two-week lock-up for this offering accelerated participation.
According to platform data, 60% of tokens were purchased within five minutes of the Platinum Round opening at 11:00 AM UTC.
The sale then moved through tiered rounds Platinum, Elite, Gold, and Fair reserved for users holding Propbase’s $PROPS token or meeting whitelist criteria.
In total, over 350 users pre-registered for the sale, highlighting rising retail enthusiasm for fractional real estate investments.
The underlying property, a condominium in Bangkok’s Sathorn Central Business District, developed by Siamese Asset PLC — offers an estimated 6.90% gross rental yield, 6.28% net yield, and 6% annual capital appreciation.
Built on the Aptos blockchain, the Propbase Blossom Residences tokens grant investors fractional ownership rights in a verified real-world asset.Once the two-week lock-up ends, tokens will be tradable on Propbase’s secondary marketplace, allowing users to manage liquidity or exit positions early.
Propbase confirmed that rental income will be distributed monthly in USDC after tenant occupancy is verified. While the company did not reveal the purchase date or tenant details, it stated that payments would begin “shortly after the first confirmed lease.”
This sale represents Propbase’s fifth tokenized property and follows successful campaigns such as Wyndham Queen Hotel (nine hours to sell out) and Ramada Plaza by Wyndham (11 hours). Those earlier tokens now trade 10–14% above issue price on secondary markets, showing investor confidence in Propbase’s real estate model.
The project reflects growing Southeast Asian interest in tokenized real estate, driven by Thailand’s Digital Asset Decree, which legitimizes security tokens. By lowering the minimum investment to $100, Propbase has made real estate exposure accessible to everyday investors.
To reward early participants, the platform ran a $1,500 $PROPS giveaway, offering $50 each to the first 30 buyers. While the sell-out speed signals strong demand, analysts note that secondary market liquidity and yield performance will determine long-term sustainability.
Propbase has hinted at upcoming property listings after Propbase Blossom, but has yet to disclose locations or dates. Interested users can complete KYC and connect wallets through the Propbase Nexus portal (nexus.propbase.app) to join future sales.
As tokenized property gains traction, Propbase’s model shows how blockchain can democratize access to real-world assets, one $100 share at a time.
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