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

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Straits Developments Pte Ltd, a fully-owned subsidiary of The Straits Trading Company Ltd, has unveiled two new products in the field of fractionalised property investment: FIR-ST.

As described by group COO and CEO Eric Teng, FIR-ST provides “diversification for investors who wish to gain exposure to Singapore residential real estate in bite-sized fractions”.

One of these investments is located at the prestigious Chatsworth/Bishopsgate/Jervois/Cable Road GCB area in District 10, namely a Good Class Bungalow (GCB) at 8A Cable Road. The other is a 999-year leasehold, 120-unit private condo, Duchess Residences at 108 Duchess Avenue, in the Bukit Timah area.

The minimum investment amount required at 8A Cable Road is $500,000, while for Duchess Residences it is $200,000.

Straits Trading Shareholders’ Club members who are also accredited investors may purchase preference shares in these investments and may enjoy dividends, paid semi-annually, and a potential gain in capital appreciation of the properties over the course of five years. Unpredictable as the returns are, preference share holders may also benefit from a special payout reflecting the potential rise in the value of the properties.

The condominium consists of 861 units of studio, one-bedroom, two-bedroom, three-bedroom and four-bedroom apartments. All units come with spacious living and dining rooms, modern kitchens and bathrooms, and modern appliances.Residents of Woodlands Champions Way Condo can enjoy a variety of amenities, such as a private pool, gymnasium, tennis court and many others. All common areas are designed with the latest technology and modern decor.The development is well connected to other parts of Singapore, with easy access to major expressways and MRT stations. It also offers excellent shopping, dining, entertainment and educational facilities. With its convenient location and modern amenities, Woodlands Champions Way Condo is definitely the ideal home for everyone.

Throughout the five-year period, the underlying properties stay under the existing ownership while investors share economic returns.

The launch of these novel fractionalised property investment products, under the FIR-ST platform, provides a unique opportunity to diversify portfolios and gain exposure to Singapore residential real estate. As Eric Teng explains “Investors can benefit from potential capital appreciation of the underlying properties without the high quantum and commitment – as in a typical home purchase.”

Indeed, these products allow investors to dip their toes into the Singapore property market, without having to fully plunge in.

Check out the latest listings for Duchess Residences properties here.