Straits Trading offers investors fractional investment opportunities in GCB, prime condo unit
The minimum financial investment amount is $200,000 for the Duchess Residences condominium unit also $500,000 for the GCB at Cable Road.
Approved financiers signed up in the Straits Trading Shareholders’ Club can invest in these fractional investment goods via choice shares. As choice shareholders, they are going to enjoy potential funding appreciation of the underlying properties and even any dividends due, that are going to be paid semi-annually within the investment period of five years.
Eric Teng, group COO and CEO of Straits Developments Pte Ltd, states, “FIR-ST is a special financial investment service that supplies diversity for capitalists that wish to obtain exposure to Singapore residential real property in bite-sized portions.”
One is a Good Class Bungalow (GCB) at 8A Cable Road, area of the reputable Chatsworth/Bishopsgate/Jervois/ Cable Road GCB place. The other is a unit in the 999-year leasehold, 120-unit exclusive condominium, Duchess Residences at 108 Duchess Avenue, in the Bukit Timah place. Both real properties lie in best District 10.
Straits Developments Pte Ltd, a wholly-owned branch of The Straits Trading Company Ltd, has released two new fractionalised building venture items within its fractionalised assets real estate channel, FIR-ST.
At the end of the 5 years, preference stockholders may enjoy returns which reflect a piece in the prospective appraisal in price of the underlying property by means of an unique payment. The dividends and also unique payout are non-guaranteed and subject to performance.
During the financial investment duration, the underlying real properties continue to be operated by the occurring proprietors while financiers enjoy a share of the business returns.