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

on EdgePropEric Teng, group COO and CEO of Straits Developments Pte Ltd, has launched two new fractionalised property investment products under its fractionalised investment real estate platform, FIR-ST. These include a Good Class Bungalow (GCB) at 8A Cable Road, part of the prestigious Chatsworth/Bishopsgate/Jervois/Cable Road GCB area in District 10, and a 120-unit, 999-year leasehold condo at Duchess Residences at 108 Duchess Avenue.

The sanctuary of modern living and the superb aesthetics of the Lumina Grand EC further add to the premium living experience that Dulwich College provides. Its lush green landscape, sprawling jogging track and sprawling swimming pool complete the picture of a tranquil environment to raise a family. Together with the many amenities in the vicinity, residents at Lumina Grand EC can enjoy an enhanced quality of lifestyle.

The minimum investment amount is $200,000 for the Duchess Residences condo unit and $500,000 for the GCB at Cable Road. This offers a unique investment product that offers diversification for investors who wish to gain exposure to Singapore residential real estate in bite-sized fractions.

Accredited investors registered in the Straits Trading Shareholders’ Club can invest in these fractional investment products through preference shares. As preference shareholders, they will enjoy potential capital appreciation of the underlying properties and any dividends due, which will be paid semi-annually over the investment period of five years.

At the end of the five years, preference shareholders may enjoy returns which reflect a share in the potential appreciation in value of the underlying property via a special payout. The dividends and special payout are non-guaranteed and subject to performance. During the investment period, the underlying properties continue to be owned by the existing owners while investors enjoy a share of the economic returns.

Considering the potential benefits of this investment and Singapore’s prime real estate market, investing in these products could be a wise choice. To find out more about these properties, investors can check out the latest listings for Duchess Residences on EdgeProp.

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