President Trump Donald John TrumpBiden on Trump's refusal to commit to peaceful transfer of power: 'What country are we in?' Romney: 'Unthinkable and unacceptable' to not commit to peaceful transition of power Two Louisville police officers shot amid Breonna Taylor grand jury protests MORE said Tuesday he floated the prospect of beachfront hotels and other real estate developments in North Korea during his meeting with the country's leader, Kim Jong Un.

Speaking to reporters after the historic summit, Trump said he told Kim that instead of testing ballistic missiles, the cash-strapped country "could have the best hotels in the world."

Trump said he brought Kim to the table by showing him what the future could look like should he choose the path of peace: "Instead of [testing missiles] you could have the best hotels in the world right there. Think of it from a real estate perspective" https://t.co/XBC0Sh0nRK pic.twitter.com/dlxvxLPcLG — CNN Breaking News (@cnnbrk) June 12, 2018

"Instead of doing that, you could have the best hotels in the world right there," Trump said he told Kim. "Think of it from a real estate perspective."

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Trump's comments came as he wrapped up a trip to Singapore, where he held a historic face-to-face meeting with Kim and signed an agreement committing the U.S. to unspecified "security guarantees" in exchange for the eventual denuclearization of the Korean Peninsula.

The president also said that he planned to invite Kim to Washington for future talks and predicted that they would meet again "many times."

Prior to his departure for Singapore on Saturday, Trump spoke about North Korea's potential to be a "great" country. But his comments on Tuesday put his experience as a real estate developer on full display.

"You have South Korea, you have China and they own the land in the middle. How bad is that, right?" he continued. "It’s great."