Suncheon Development Project

Project Overview

A Real-World Asset (RWA) investment centered on Suncheon One Square — a 5,330-pyeong retail complex (B2–5F, completed 2022) in Suncheon's original downtown core. The strategy involves acquiring the asset via public auction (KRW 21.2B), then leasing and reselling units. Total investment sought: KRW 27B | Projected pre-tax return: KRW 18.3B (35.5% ROI) | Developer: UNT Holdings Co., Ltd.

Business Overview

Suncheon OneSquare is a completed mixed-use commercial building totaling 5,330 pyeong (approx. 17,620 m²) of gross floor area, located in the core commercial district of Suncheon City, South Jeolla Province, South Korea. Completed in May 2022, the asset comprises 173 individual retail units across basement 2 levels and 5 above-ground floors.The property is held under a trust structure managed by Hana Asset Trust, with the investor designated as the first-priority beneficiary at 130% of the debt principal ? providing robust collateral protection. The target acquisition price stands at KRW 21.2 billion (public auction floor), with total project capital of KRW 27 billion and projected pre-tax profit of KRW 18.4 billion, delivering an estimated return of 35.48%.With 173 individually titled units, the asset is structurally suited for Real World Asset (RWA) tokenization, enabling fractional ownership and secondary market liquidity. The building enjoys a monopoly position with no comparable commercial facility within 2 km, sits within Suncheon City's designated KRW 8 billion commercial revitalization zone, and benefits from approximately 10 million annual visitors to the nearby Suncheon Bay National Garden ? making it a high-conviction physical asset for institutional and tokenized investment alike.