Collateral Detail · Source Documents

PXON Collateral Detail

Real-estate backing behind the PROPERTYX token, transcribed from government-appraised land values, Chanote title deeds, and the verified UCC-1 filing.

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Valuation Summary

Total Appraised (THB)
฿97,973,050.00
Total Appraised (USD)
$2,911,886.74
Mortgage Cap (USD)
$1,934,262.42
FX Rate (THB/USD)
33.6459

FX Reference

Exchange rate: THB 33.6459 per 1 USD — IMF SDR-aligned open exchange rate as of 2026-07-21. The International Monetary Fund publishes representative exchange rates for SDR valuation; this rate is sourced from an IMF-aligned open data provider for the same date.

Real Estate Collateral

ProjectLife at Songkhla (Phase 2)
DeveloperBright Estate Group Co., Ltd. (Reg: 0125561004386)
LocationTambon Phawong, Mueang Songkhla District, Songkhla Province, Thailand
Survey Reference5123 III 7484
Total Plots98 vacant land plots
Total Area3,998.90 sq.wah
Appraisal BasisGovernment appraised value: THB 24,500 per sq.wah
Title DeedsLand plots 992-1011 (20 plots), Book 109, pp. 45-64
MortgageeKiatnakin Phatra Bank PCL

Appraisal by Plot Type

TypePlotsAreaAppraised (THB)Appraised (USD)Mortgage Cap (THB)
Type A (single-house)14945.10 sq.wah฿23,154,950.00$688,195.29฿15,380,000.00
Type B (twin-house)843,053.80 sq.wah฿74,818,100.00$2,223,691.45฿49,700,000.00
Total983,998.90 sq.wah฿97,973,050.00$2,911,886.74฿65,080,000.00

Property: Life at Songkhla Hatyai

The Life at Songkhla Hatyai — Phase 2

Bright Estate Group Co., Ltd.

Phawong, Mueang Songkhla, Songkhla 90100, Thailand

Series: RESI-TH-SKL-00001

149
Total Plots
98
Collateral

Project Phases

Phase 1 — 51 plots (sold/occupied)
Phase 2 — 98 plots (PXON collateral)

Facilities

Swimming PoolFitness CenterClubhousePlayground24-Hour Security GateCCTV Surveillance

Single Detached House

3
Bedrooms
2
Bathrooms
2
Parking
59.5 sq.wah
Plot Area
THB 3,290,000
  • Open-plan living & dining
  • Separate kitchen
  • Covered carport for 2 cars
  • Terrace / veranda

Twin House (Semi-Detached)

2
Bedrooms
2
Bathrooms
1
Parking
35.0 sq.wah
Plot Area
THB 1,990,000
  • Mirror-layout duplex
  • Private entrance & carport
  • Compact kitchen
  • Laundry area

Project Overview & Site Plan

Project Entrance — Life @ Songkhla Hatyai

Project Entrance — Life @ Songkhla Hatyai

Security Gate & Guard House

Security Gate & Guard House

Master Site Plan — Phase 1 & Phase 2

Master Site Plan — Phase 1 & Phase 2

Full Site Plan — 149 Plots Layout

Full Site Plan — 149 Plots Layout

Single Detached House

Single House — 3D Rendering (Front)

Single House — 3D Rendering (Front)

Single House — 3D Rendering (Modern Style)

Single House — 3D Rendering (Modern Style)

Single House — Floor Plan (3BR/2BA)

Single House — Floor Plan (3BR/2BA)

Single House — Actual Construction

Single House — Actual Construction

Twin House (Semi-Detached)

Twin House — 3D Rendering (Front)

Twin House — 3D Rendering (Front)

Twin House — Floor Plan (2BR/2BA x2)

Twin House — Floor Plan (2BR/2BA x2)

Twin House — Actual Construction

Twin House — Actual Construction

Twin House — Street View

Twin House — Street View

Clubhouse & Facilities

Clubhouse & Pool — 3D Rendering (Front)

Clubhouse & Pool — 3D Rendering (Front)

Clubhouse & Pool — 3D Rendering (Side)

Clubhouse & Pool — 3D Rendering (Side)

Clubhouse — Floor Plan (Pool, Fitness, Restrooms)

Clubhouse — Floor Plan (Pool, Fitness, Restrooms)

Interior & Construction Progress

Living Room Interior — Model Unit

Living Room Interior — Model Unit

Master Bedroom Interior

Master Bedroom Interior

Bathroom — Marble Finish

Bathroom — Marble Finish

Kitchen & Dining Area

Kitchen & Dining Area

Construction Progress — Aerial View

Construction Progress — Aerial View

Road & Infrastructure

Road & Infrastructure

UCC-1 Financing Statement

Accepted
File Number2026-163-0143-8
Filing OfficeWashington State Department of Licensing (WA DOL)
Filing DateJune 12, 2026 7:39 PM
Lapse DateJune 12, 2031 7:38 PM
DebtorBright Estate Group Co., Ltd.
Debtor Address579/31-32 The City Village, Moo 5, Nakhon Si Thammarat, Thailand
Secured PartyDWIN Intertrade Company Limited
Secured Party Address52/55, Soi Thong Lo, Chom Phon Sub-district, Chatuchak District, Bangkok 10900, Thailand
Filing Fee$23.00

Collateral Description

All rights, title, and interest of the Debtor in land parcels located in Tambon Phawong, Amphoe Mueang Songkhla, Songkhla

On-Chain Deployment

Live on BSC Mainnet
Diamond Proxy0x7fd59117Fe98e231a69f11C24E7FD039D360B93b
DiamondInit0xe578a0BA1d5431315a9c5FBbAF168f6B56D8Bc88
ChainBNB Smart Chain (Chain ID 56)
TokenPROPERTYX (PXON)
StandardEIP-2535 Diamond Multi-Facet Proxy
CompilerSolidity 0.8.24, viaIR=true, optimizer 200 runs, evmVersion paris
Decimals18
Max Supply100,000,000 PXON
Settlement TokenUSDW (0xEd75AD08f416D4e53e4D45dd5140A4C8b84F39Fb)
Admin / Deployer0xc557ee55f5DbDAc7128fc4D378111a7D68dEb3d6
Deploy Date2026-07-21
BscScan Verified66/66

ERC Standards

ERC-20ERC-165ERC-2612ERC-1400ERC-1594ERC-1410ERC-1643ERC-1644ERC-3643EIP-2535EIP-7572

On-Chain Wiring Status

Roles Granted (13/13)

MINTERBURNERCOMPLIANCEORACLECONTROLLERDOCUMENT_ADMINSERIES_MANAGERPAUSERLIQUIDITY_MGRGASLESS_RELAYERSECURITY_ADMINISO_SIGNERUPGRADER

Feature Flags (9/9)

TRANSFERSISSUANCEREDEMPTIONCOMPLIANCEPORSERIESDOCUMENTSORACLEBRIDGE
Peg Range$0.95 - $1.05
FX RateTHB/USD = 33.6459 (IMF-aligned 2026-07-21)
Audit EvidenceDeployment attestation anchored (65 facets, 408 selectors, solc-0.8.24)

On-Chain Documents

UCC-1-FILINGUCC-1 Filing #2026-163-0143-8, WA DOL
COLLATERAL-APPRAISALLife at Songkhla: 98 plots, 3,998.90 sq.wah, THB 97,973,050

Diamond Facet Registry

65
Facets
408
Selectors
11
ERC Standards
66/66
Verified

Security Audit Fixes

IDSeverityFixStatus
VULN-1HIGHGaslessFacet.executeGasless() — op.to must be in approvedTargets whitelistFixed
VULN-2CRITICALFiatOnOffRamp removed entirely from PXONFixed
VULN-3MEDIUMERC165Facet.setSupportsInterface() — onlyOwner access control addedFixed

Disclaimer: This audit board is a factual asset summary compiled from government appraisal schedules, Chanote title deeds, and the UCC-1 financing statement filed with the Washington State Department of Licensing. Figures are transcribed directly from source documents. This is not a valuation report, legal opinion, financial projection, or investment offering. Independent verification with the Songkhla Provincial Land Office and Kiatnakin Phatra Bank PCL is recommended before relying on any data presented here. FX rate is indicative and sourced from an IMF-aligned open exchange rate provider; actual settlement rates may vary.