Straits Trading offers investors fractional investment opportunities in GCB, prime condo unit
Eric Teng, group COO and also CEO of Straits Developments Pte Ltd, claims, “FIR-ST is a special financial investment product that delivers diversification for capitalists who wish to obtain visibility to Singapore non commercial real estate in bite-sized portions.”
During the financial investment duration, the underlying properties continue to be owned by the existing owners while investors appreciate a share of the economic revenues.
One is a Good Class Bungalow (GCB) at 8A Cable Route, section of the prestigious Chatsworth/Bishopsgate/Jervois/ Cable Road GCB location. The other is a unit in the 999-year leasehold, 120-unit private condo, Duchess Residences at 108 Duchess Avenue, in the Bukit Timah location. Both real estates rise in best District 10.
By the end of the 5 years, preference shareholders might appreciate gains which show a piece in the potential appreciation in price of the underlying building by using an unique payout. The dividends and also unique payout are non-guaranteed plus subject to performance.
Straits Developments Pte Ltd, a wholly-owned subordinate of The Straits Trading Company Ltd, has launched two brand-new fractionalised real estate investment products within its fractionalised investment real property platform, FIR-ST.
Accredited investors signed up in the Straits Trading Shareholders’ Club can purchase these shared investment products with choice shares. As preference stockholders, they will definitely enjoy possible resources appreciation of the underlying business and any kind of returns due, that will be paid for semi-annually over the financial investment time frame of 5 years.
The minimum investment quantity is $200,000 for the Duchess Residences condo unit and $500,000 for the GCB at Cable Roadway.