Straits Trading offers investors fractional investment opportunities in GCB, prime condo unit

Straits Developments Pte Ltd, a wholly-owned subordinate of The Straits Trading Company Ltd, has launched two brand-new fractionalised property venture products under its fractionalised investment real property channel, FIR-ST.

One is a Good Class Bungalow (GCB) at 8A Cable Road, area of the prestigious Chatsworth/Bishopsgate/Jervois/ Cable Roadway GCB place. The alternative is a unit in the 999-year leasehold, 120-unit exclusive condo, Duchess Residences at 108 Duchess Avenue, in the Bukit Timah place. Both properties are located in prime District 10.

Eric Teng, group COO and also chief executive officer of Straits Developments Pte Ltd, says, “FIR-ST is an unique investment service that offers diversification for investors that hope to get exposure to Singapore housing real property in bite-sized fractions.”

The minimum financial investment amount is $200,000 for the Duchess Residences condo unit and $500,000 for the GCB at Cable Road.

Marina View Residences condominium

Approved capitalists signed up in the Straits Trading Shareholders’ Club can buy these shared financial investment goods through choice shares. As choice investors, they will definitely delight in prospective funding appraisal of the underlying properties along with any kind of dividends due, which are going to be paid for semi-annually within the investment time frame of 5 years.

Throughout the investment time frame, the underlying real estates continue to be operated by the existing proprietors while investors appreciate a share of the economic returns.

At the end of the five years, choice shareholders might indulge in yields which show a share in the possible appreciation in worth of the underlying real estate by using a special payment. The returns and special payment are non-guaranteed and subject to efficiency.

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