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

Certified financiers signed up in the Straits Trading Shareholders’ Club can invest in these segmented financial investment products through choice shares. As preference investors, they will definitely take pleasure in possible capital appraisal of the underlying properties along with any type of dividends due, that will be paid for semi-annually within the financial investment period of 5 years.

Straits Developments Pte Ltd, a wholly-owned subsidiary of The Straits Trading Company Ltd, has actually launched 2 brand-new fractionalised property investment items within its fractionalised investment real estate network, FIR-ST.

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

One is a Good Class Bungalow (GCB) at 8A Cable Route, part of the reputable Chatsworth/Bishopsgate/Jervois/ Cable Roadway GCB place. The other is a unit in the 999-year leasehold, 120-unit private condominium, Duchess Residences at 108 Duchess Avenue, in the Bukit Timah location. Both real properties lie in top District 10.

Pinetree Hill condo

By the end of the five years, choice stockholders might enjoy returns that mirror a share in the prospective appraisal in price of the underlying building via an unique payout. The dividends and exclusive payout are non-guaranteed plus contingent on performance.

Eric Teng, group COO as well as CEO of Straits Developments Pte Ltd, states, “FIR-ST is an unique financial investment product that delivers diversity for financiers that wish to gain presence to Singapore non commercial real property in bite-sized fractions.”

Throughout the investment period, the underlying real properties remain to be owned by the presenting owners while financiers take pleasure in a share of the business returns.

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