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

here.FIR-ST is a novel fractionalised investment real estate platform by Straits Developments which enables accredited investors to invest in quality commercial and residential properties. Eric Teng, Group COO and CEO of Straits Developments Pte Ltd, commented, “FIR-ST is a unique investment product that offers diversification for investors who wish to gain exposure to Singapore residential real estate in bite-sized fractions.”

The Straits Trading Company Ltd’s wholly-owned subsidiary, Straits Developments Pte Ltd has recently rolled out two fractionalised property investment products under their fractionalised investment real estate platform, FIR-ST.

These include swimming pools, BBQ pits, playgrounds and clubhouses. Residents can get to nearby amenities such as supermarkets, shopping malls and schools with ease. With its proximity to the MRT station and expressways, they are also able to travel with ease. The Tengah Plantation Close EC development has been built with the aim of creating a serene and tranquil living environment for its residents. With the lush greenery and well-planned facilities, this is the perfect property for those looking for a home away from the hustle and bustle of the city.

Eric Teng, Group COO and CEO of Straits Developments Pte Ltd, says that the investment product offered by FIR-ST provides “diversification for investors who wish to gain exposure to Singapore residential real estate in bite-sized fractions.”

One of the two new products is a Good Class Bungalow (GCB) located at 8A Cable Road, which is part of the prestigious Chatsworth/Bishopsgate/Jervois/Cable Road GCB area within District 10.

The other asset is a unit located in the 999-year leasehold, 120-unit private condo building, Duchess Residences at 108 Duchess Avenue, in Bukit Timah.

The minimum investment amount for the GCB is $500,000 and $200,000 for the Duchess Residences condo respectively.

Accredited investors registered in the Straits Trading Shareholders’ Club can invest in these fractionalised investment products via preference shares. With preference shares, investors can benefit from potential capital appreciation of the underlying properties, any dividends due, which are paid out semi-annually over the investment period of five years.

At the end of the five year investment period, investors may receive a special payout subject to performance, that reflects a share of the potential appreciation in value of the underlying property.

The dividends and special payout are not guaranteed. The underlying properties remain owned by the existing owners, while investors enjoy a share of the economic returns during the investment period.

FIR-ST is a first-of-its-kind fractionalised investment real estate platform that offers accredited investors an opportunity to get access to quality commercial and residential properties in Singapore.

It provides investors with an innovative avenue to diversify their portfolios. Eric Teng commented, “FIR-ST is a unique investment product that offers diversification for investors who wish to gain exposure to Singapore residential real estate in bite-sized fractions.”