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

The smallest investment quantity is $200,000 for the Duchess Residences apartment unit along with $500,000 for the GCB at Cable Roadway.

Accredited investors registered in the Straits Trading Shareholders’ Club can invest in these segmented assets products through selection shares. As preference stockholders, they will definitely enjoy prospective resources appraisal of the underlying business and any rewards due, which will be paid for semi-annually within the investment time frame of 5 years.

Eric Teng, group COO and also chief executive officer of Straits Developments Pte Ltd, states, “FIR-ST is a special investment product that provides diversification for financiers that wish to obtain presence to Singapore residential real property in bite-sized fractions.”

During the financial investment duration, the underlying properties remain to be operated by the presenting owners while capitalists enjoy a portion of the financial yields.

One is a Good Class Bungalow (GCB) at 8A Cable Road, section of the notable Chatsworth/Bishopsgate/Jervois/ Cable Road GCB location. The other is a unit in the 999-year leasehold, 120-unit exclusive condominium, Duchess Residences at 108 Duchess Avenue, in the Bukit Timah area. Both real properties rise in prime District 10.

Lentor Modern condominium

Straits Developments Pte Ltd, a wholly-owned branch of The Straits Trading Company Ltd, has actually introduced 2 new fractionalised building assets items under its fractionalised investment real property platform, FIR-ST.

At the end of the 5 years, choice investors might appreciate returns that mirror a share in the potential appraisal in price of the underlying building by means of an unique payout. The dividends as well as unique payout are non-guaranteed and also dependent on performance.

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