Straits Trading offers investors fractional investment opportunities in GCB, prime condo unit
Straits Developments Pte Ltd, a wholly-owned subsidiary of The Straits Trading Company Ltd, has launched 2 new fractionalised building investment products under its fractionalised investment real property platform, FIR-ST.
One is a Good Class Bungalow (GCB) at 8A Cable Street, part of the reputable Chatsworth/Bishopsgate/Jervois/ Cable Road GCB area. The alternative is a unit in the 999-year leasehold, 120-unit private condo, Duchess Residences at 108 Duchess Avenue, in the Bukit Timah place. Both estates rise in best District 10.
Recognized financiers signed up in the Straits Trading Shareholders’ Club can purchase these shared investment goods through preference shares. As choice investors, they will take pleasure in potential capital appreciation of the underlying business and even any kind of dividends due, that will be paid semi-annually over the investment duration of 5 years.
During the financial investment duration, the underlying real properties remain to be owned and operate by the presenting proprietors while investors delight in a portion of the economic returns.
At the end of the 5 years, choice stockholders may appreciate returns that show a piece in the possible appreciation in value of the underlying building by using a special payment. The returns as well as exclusive payment are non-guaranteed and dependent on quality.
The minimum financial investment quantity is $200,000 for the Duchess Residences apartment unit along with $500,000 for the GCB at Cable Roadway.
Eric Teng, group COO and CEO of Straits Developments Pte Ltd, says, “FIR-ST is an unique investment service that offers diversification for capitalists that hope to acquire exposure to Singapore housing real estate in bite-sized fractions.”
