Straits Trading provides fractional investment options in GCB and premier condo units to investors

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Straits Developments Pte Ltd, an entirely-owned company that is a wholly-owned subsidiary of The Straits Trading Company Ltd It has introduced two brand new, fractionalised property investment options under its fractionalised real estate investment platform FIR-ST.

Eric Teng, group COO and CEO of Straits Developments Pte Ltd, states, “FIR-ST is a unique investment product offering diversification to investors looking to get exposure towards Singapore homes in small pieces.”

One is a Good Class Bungalow (GCB) at 8A Cable Road, part of the prestigious Chatsworth/Bishopsgate/Jervois/Cable Road GCB area. The other is located in the leasehold 999-year private condominium of 120 units the Duchess Residences located at 808 Duchess Avenue, in the Bukit Timah area. Both properties are situated in the District 10 area, which is a prime location.

The minimum investment of $200,000 is for Duchess Residences condo unit, and 500 000 for GCB located at Cable Road.

Accredited investors who are members of the Straits Trading Shareholders’ Club can invest in these investment products by purchasing preference shares. As preferred shareholders, they’ll be able to enjoy the potential for capital appreciation on the underlying properties as well as any dividends that are due will be paid out semi-annually over the five years.

After five years, the preference holders can receive returns that represent a portion of the potential value appreciation of the principal property through a special dividend. The special payouts and dividends are not guaranteed and subject to the performance.

During the time of investment the actual properties remain in the hands of by the current owners, while investors get a piece of the economic gains.