Straits Trading offers investors fractional investment opportunities in GCB, prime condo unit
One is a Good Class Bungalow (GCB) at 8A Cable Road, section of the reputable Chatsworth/Bishopsgate/Jervois/ Cable Roadway 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 top District 10.
The minimal financial investment quantity is $200,000 for the Duchess Residences condo unit along with $500,000 for the GCB at Cable Road.
Approved investors signed up in the Straits Trading Shareholders’ Club can purchase these segmented financial investment products through choice shares. As preference shareholders, they will enjoy possible funding appreciation of the underlying assets and any type of dividends due, which will be paid off semi-annually within the investment time frame of five years.
Throughout the financial investment duration, the underlying real properties continue to be owned by the occurring proprietors while investors enjoy a share of the financial yields.
Straits Developments Pte Ltd, a wholly-owned subsidiary of The Straits Trading Company Ltd, has actually introduced 2 brand-new fractionalised real estate assets items under its fractionalised investment real estate channel, FIR-ST.
At the end of the 5 years, preference shareholders may appreciate returns which mirror a share in the possible appraisal in price of the underlying building via an unique payout. The returns as well as special payout are non-guaranteed and even subject to quality.
Eric Teng, group COO and also CEO of Straits Developments Pte Ltd, says, “FIR-ST is an unique investment service that supplies diversification for capitalists who wish to gain presence to Singapore residential realty in bite-sized portions.”