Straits Trading offers investors fractional investment opportunities in GCB, prime condo unit
Eric Teng, group COO as well as CEO of Straits Developments Pte Ltd, says, “FIR-ST is a special financial investment service that offers diversity for investors who hope to get exposure to Singapore housing real property in bite-sized fractions.”
The smallest financial investment quantity is $200,000 for the Duchess Residences condo unit and $500,000 for the GCB at Cable Roadway.
During the investment duration, the underlying real properties continue to be owned by the existing owners while capitalists take pleasure in a share of the financial returns.
One is a Good Class Bungalow (GCB) at 8A Cable Road, part of the prominent Chatsworth/Bishopsgate/Jervois/ Cable Roadway GCB area. The other is a unit in the 999-year leasehold, 120-unit private condominium, Duchess Residences at 108 Duchess Avenue, in the Bukit Timah place. Both real properties are located in top District 10.
By the end of the 5 years, choice stockholders may indulge in returns that reflect a share in the prospective appraisal in worth of the underlying property by using a special payment. The returns and also unique payment are non-guaranteed and dependent on performance.
Straits Developments Pte Ltd, a wholly-owned subordinate of The Straits Trading Company Ltd, has released two new fractionalised property assets products under its fractionalised assets real property channel, FIR-ST.
Recognized capitalists signed up in the Straits Trading Shareholders’ Club can buy these segmented assets products through choice shares. As choice investors, they will take pleasure in possible funding appreciation of the underlying assets along with any dividends due, that are going to be paid for semi-annually within the investment duration of 5 years.