Straits Trading offers investors fractional investment opportunities in GCB, prime condo unit
Eric Teng, group COO and chief executive officer of Straits Developments Pte Ltd, says, “FIR-ST is a distinct financial investment product that supplies diversity for capitalists that want to obtain presence to Singapore housing real estate in bite-sized portions.”
Straits Developments Pte Ltd, a wholly-owned subordinate of The Straits Trading Company Ltd, has launched 2 brand-new fractionalised property investment products under its fractionalised assets real property channel, FIR-ST.
During the investment time frame, the underlying properties continue to be owned and operate by the presenting owners while financiers take pleasure in a portion of the financial revenues.
The minimum investment amount is $200,000 for the Duchess Residences condominium unit along with $500,000 for the GCB at Cable Road.
Recognized investors registered in the Straits Trading Shareholders’ Club can purchase these segmented venture products through choice shares. As preference investors, they will definitely delight in potential resources appreciation of the underlying abilities and even any kind of dividends due, which will be paid for semi-annually over the financial investment period of five years.
One is a Good Class Bungalow (GCB) at 8A Cable Route, area of the reputable Chatsworth/Bishopsgate/Jervois/ Cable Roadway GCB location. The other is a unit in the 999-year leasehold, 120-unit nonpublic apartment, Duchess Residences at 108 Duchess Avenue, in the Bukit Timah location. Both real estates rise in prime District 10.
At the end of the 5 years, preference shareholders may indulge in profits which reflect a piece in the potential appraisal in worth of the underlying property via an unique payout. The rewards as well as exclusive payment are non-guaranteed and subject to performance.
