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 released two new fractionalised building venture items within its fractionalised assets real property platform, FIR-ST.

Sky Eden Bedok, Bedok Central

The smallest investment quantity is $200,000 for the Duchess Residences condominium unit and $500,000 for the GCB at Cable Roadway.

Approved capitalists registered in the Straits Trading Shareholders’ Club can purchase these fractional assets goods via selection shares. As preference investors, they will take pleasure in potential capital appraisal of the underlying assets and any dividends due, which are going to be paid semi-annually within the financial investment duration of 5 years.

At the end of the five years, preference shareholders may indulge in yields that reflect a piece in the potential appreciation in value of the underlying real estate via an unique payout. The returns as well as special payout are non-guaranteed plus subject to performance.

One is a Good Class Bungalow (GCB) at 8A Cable Route, section of the prominent Chatsworth/Bishopsgate/Jervois/ Cable Road GCB location. The other is a unit in the 999-year leasehold, 120-unit nonpublic apartment, Duchess Residences at 108 Duchess Avenue, in the Bukit Timah area. Both estates rise in prime District 10.

Eric Teng, group COO and chief executive officer of Straits Developments Pte Ltd, claims, “FIR-ST is a special financial investment product that provides diversification for financiers that wish to get exposure to Singapore residential real property in bite-sized portions.”

Throughout the financial investment duration, the underlying real properties continue to be owned by the presenting owners while capitalists enjoy a portion of the economic returns.

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