Straits Trading offers investors fractional investment opportunities in GCB, prime condo unit
During the investment duration, the underlying real properties remain to be owned by the occurring proprietors while investors appreciate a portion of the financial revenues.
One is a Good Class Bungalow (GCB) at 8A Cable Route, area of the prominent Chatsworth/Bishopsgate/Jervois/ Cable Road GCB place. The alternative is a unit in the 999-year leasehold, 120-unit private condo, Duchess Residences at 108 Duchess Avenue, in the Bukit Timah area. Both estates rise in prime District 10.
Eric Teng, group COO and CEO of Straits Developments Pte Ltd, says, “FIR-ST is an unique financial investment product that delivers diversification for financiers that want to get visibility to Singapore housing real estate in bite-sized fractions.”
Straits Developments Pte Ltd, a wholly-owned subsidiary of The Straits Trading Company Ltd, has introduced two brand-new fractionalised property investment products under its fractionalised assets real property channel, FIR-ST.
Accredited investors registered in the Straits Trading Shareholders’ Club can invest in these shared investment goods with choice shares. As choice shareholders, they are going to enjoy possible funding appraisal of the underlying business and any kind of dividends due, that are going to be paid semi-annually within the financial investment time frame of 5 years.
The minimal financial investment quantity is $200,000 for the Duchess Residences apartment unit and $500,000 for the GCB at Cable Road.
By the end of the five years, preference shareholders may indulge in yields which show a portion in the potential appreciation in price of the underlying real estate by means of a special payment. The dividends and also exclusive payment are non-guaranteed plus dependent on efficiency.
