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 distinct investment product that offers diversity for financiers that want to gain visibility to Singapore residential realty in bite-sized portions.”

One is a Good Class Bungalow (GCB) at 8A Cable Route, part of the notable Chatsworth/Bishopsgate/Jervois/ Cable Roadway GCB area. The alternative is a unit in the 999-year leasehold, 120-unit private condo, Duchess Residences at 108 Duchess Avenue, in the Bukit Timah place. Both real estates are located in top District 10.

Throughout the investment time frame, the underlying properties continue to be owned and operate by the existing proprietors while capitalists appreciate a portion of the business revenues.

Recognized financiers registered in the Straits Trading Shareholders’ Club can buy these shared venture products with selection shares. As choice shareholders, they will definitely delight in possible capital appraisal of the underlying properties along with any dividends due, that will be paid semi-annually over the financial investment period of five years.

Sceneca Residences price

The minimal investment amount is $200,000 for the Duchess Residences condo unit along with $500,000 for the GCB at Cable Road.

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

By the end of the five years, preference stockholders may indulge in gains that reflect a portion in the potential appreciation in value of the underlying property via an unique payment. The dividends as well as special payout are non-guaranteed and even contingent on efficiency.


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