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

Eric Teng, group COO as well as CEO of Straits Developments Pte Ltd, states, “FIR-ST is a special financial investment service that offers diversity for financiers that hope to obtain visibility to Singapore non commercial real estate in bite-sized fractions.”

Straits Developments Pte Ltd, a wholly-owned branch of The Straits Trading Company Ltd, has launched 2 new fractionalised real estate assets products under its fractionalised investment real property platform, FIR-ST.

Tembusu Grand City Developments Ltd & MCL Land

Throughout the investment time frame, the underlying properties remain to be operated by the presenting proprietors while capitalists delight in a share of the financial revenues.

One is a Good Class Bungalow (GCB) at 8A Cable Road, part of the notable Chatsworth/Bishopsgate/Jervois/ Cable Roadway GCB area. The other is a unit in the 999-year leasehold, 120-unit exclusive condominium, Duchess Residences at 108 Duchess Avenue, in the Bukit Timah area. Both estates lie in best District 10.

By the end of the 5 years, choice investors may enjoy gains which mirror a portion in the potential appraisal in price of the underlying property via an unique payout. The dividends as well as unique payout are non-guaranteed and contingent on quality.

The minimal financial investment quantity is $200,000 for the Duchess Residences condo unit also $500,000 for the GCB at Cable Roadway.

Approved investors registered in the Straits Trading Shareholders’ Club can invest in these fractional investment goods via preference shares. As preference shareholders, they are going to take pleasure in potential capital appraisal of the underlying business and any kind of rewards due, which are going to be paid for semi-annually over the financial investment duration of 5 years.


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