"Average Annual Return of 11.2%... 12-Month Repayment Period"
"Average Fundraising Amount 62 Million KRW... Investments Starting from 5,000 KRW"
On June 20, online investment-linked finance (P2P finance) platform 8Percent announced the launch of a new real estate-backed P2P investment product.
According to 8Percent, the 26 products released on this day have an average annual return of 11.2%, an average repayment period of 12 months, and an average fundraising amount of 62 million KRW. Investors can diversify their investments across apartments in various locations, with investment amounts ranging from 5,000 KRW to 5 million KRW. The rate of return for each product ranges from 7% to 13%.
Investors can make decisions based on information such as the location and size of the collateral real estate, appraised value, legal rights, and risk factors.
A representative from 8Percent stated, "We transparently provide investment indicators on our website, including the loan-to-value (LTV) ratio, status of debt protection, and whether title insurance has been obtained," adding, "We also disclose expert review opinions, due diligence checklists, and repayment plans."
The company emphasized that these products go beyond simple profit generation, offering young adults preparing to purchase their first home an opportunity to gain practical investment experience in the real estate market.
Borrowers use their homes as collateral to secure housing stability and living expenses. Investors earn interest income through comparative analysis.
Since these investment products are not covered by the Depositor Protection Act, there is a possibility of principal loss. Investors need to adhere to investment principles such as diversification, reviewing collateral value, and checking repayment plans.
According to 8Percent, the current delinquency rate for the company’s real estate-backed products is 2.89%, and the average annual return is 10.24%.
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