Straits Trading offers investors fractional investment opportunities in GCB, prime condo unit
Eric Teng, group COO and CEO of Straits Developments Pte Ltd, says, “FIR-ST is a special investment product that offers diversity for capitalists that want to get presence to Singapore housing real property in bite-sized fractions.”
Approved financiers registered in the Straits Trading Shareholders’ Club can buy these fractional assets products through preference shares. As choice investors, they will definitely take pleasure in prospective funding appreciation of the underlying properties and even any kind of rewards due, which will be paid for semi-annually within the financial investment time frame of 5 years.
By the end of the five years, choice shareholders might enjoy gains that reflect a portion in the prospective appreciation in worth of the underlying real estate by using a special payout. The dividends and also special payment are non-guaranteed and also subject to quality.
Throughout the investment duration, the underlying properties continue to be owned and operate by the occurring owners while financiers appreciate a portion of the financial yields.
Straits Developments Pte Ltd, a wholly-owned subordinate of The Straits Trading Company Ltd, has actually released 2 brand-new fractionalised building investment items within its fractionalised assets real property channel, FIR-ST.
One is a Good Class Bungalow (GCB) at 8A Cable Road, section of the prominent Chatsworth/Bishopsgate/Jervois/ Cable Roadway GCB location. The other is a unit in the 999-year leasehold, 120-unit nonpublic condominium, Duchess Residences at 108 Duchess Avenue, in the Bukit Timah place. Both properties are located in prime District 10.
The minimum financial investment quantity is $200,000 for the Duchess Residences condo unit along with $500,000 for the GCB at Cable Road.