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 actually released two new fractionalised real estate venture items under its fractionalised investment real property platform, FIR-ST.

The smallest financial investment amount is $200,000 for the Duchess Residences apartment unit along with $500,000 for the GCB at Cable Roadway.

Eric Teng, group COO and chief executive officer of Straits Developments Pte Ltd, states, “FIR-ST is a special investment product that provides diversity for financiers who wish to obtain presence to Singapore non commercial realty in bite-sized fractions.”

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

Throughout the financial investment duration, the underlying real estates continue to be owned by the existing proprietors while financiers appreciate a portion of the business returns.

At the end of the 5 years, preference shareholders may appreciate returns which reflect a piece in the prospective appraisal in value of the underlying building by using a special payout. The dividends and unique payout are non-guaranteed plus subject to performance.

Blossoms By The Park Buona Vista Road

Accredited investors registered in the Straits Trading Shareholders’ Club can buy these fractional venture products with selection shares. As preference shareholders, they are going to delight in possible funding appreciation of the underlying properties and any rewards due, that will be paid off semi-annually over the financial investment duration of five years.

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