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

Straits Developments Pte Ltd, a wholly-owned subsidiary of The Straits Trading Company Ltd, has introduced two new fractionalised real estate assets items under its fractionalised assets real estate channel, FIR-ST.

Eric Teng, group COO as well as CEO of Straits Developments Pte Ltd, claims, “FIR-ST is an one-of-a-kind financial investment service that supplies diversification for capitalists that want to obtain visibility to Singapore non commercial real estate in bite-sized fractions.”

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

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

TMW Maxwell Singapore

Approved investors registered in the Straits Trading Shareholders’ Club can purchase these fractional financial investment products via preference shares. As preference investors, they are going to delight in possible resources appreciation of the underlying properties along with any rewards due, that can be paid off semi-annually within the financial investment duration of 5 years.

During the investment duration, the underlying real properties remain to be operated by the presenting owners while financiers enjoy a portion of the business revenues.

At the end of the five years, preference stockholders might indulge in gains which show a share in the potential appraisal in value of the underlying building by using an unique payment. The rewards and also unique payout are non-guaranteed plus subject to efficiency.

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