>

>

Co-investment platform Fraxtor closes funding for maiden property development project

/ EdgeProp Singapore |

July 24, 2019 5:48 PM SGT

Join our Telegram channel and follow our Facebook for the latest update.

Fraxtor Capital, a real estate co-investment online platform, has closed the equity fund-raising for its first freehold landed development project in Singapore.

The start-up aims to make real estate investing more financially accessible to individuals. The minimum investment amount required typically ranges from $10,000 to $50,000, depending on the project. The company is backed by veteran real estate developer Daniel Teo, director of Tong Eng Group and Hong How Group.

Fraxtor is restricted to offering non-capital market products to accredited investors only, and its offerings are not meant for retail investors. Accredited investors must pass various compliance checks before receiving project details on the platform.

Construction of the freehold landed project, which has a two-year investment holding period, is expected to start in November this year, and the project is expected to be completed in 2021. Co-investors will receive their potential returns when the property is fully developed and sold.

“Fraxtor was founded on the premise that Asian investors adore real estate and are adaptive to digital innovation. With the secure digital platform to buy fractional units of real estate with a mouse click, investors can gain access to a selection of niche and global real estate investment opportunities,” says Teo.

The company says it has other projects in its investment pipeline, including a property in Europe that it plans to launch soon. It is also looking for deals in the UK, Germany, Japan, and Australia.

Read also:

Real-estate opportunities in a challenging environment

Roxy-Pacific and Tong Eng to roll out two residential projects in July

Teo encounters in Australia

Tags:

Follow Us

Follow our channels to receive property news updates 24/7 round the clock.

Subscribe to our newsletter

Top Articles

1

Sapphire Windows’ Liews: Beyond providing a room with a view

2

Keeping cool in an east-west-facing house with modern glass windows

3

Far East Shopping Centre’s $908 mil en bloc deal aborted

4

World’s largest Mercure Hotel opens on Club Street

5

Luxury living in the new heart of Bukit Timah

Our Site

Follow Us

Property Research

Condos

HDBs

Landed

Commercial

Industrial

Properties For Sale

Properties For Rent

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

Make data-driven property decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property, while the En Bloc Calculator helps to determine the probability of a Singapore project being put up for collective sale. Our whole new Research tool provides you data on past transactions, price trends, and more for condos, HDBs, landed houses, commercial properties and industrial properties.

Aside from that, EdgeProp also offers a market trends tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heatmap that shows you where Singapore’s most popular property sales locations are, a HDB lease tool to calculate your HDB tenure, an affordability calculator, and property alerts to track your preferred Singapore property by project or location, as well as information on new launches.

On the lookout for undervalued property or looking to rent? EdgeProp’s powerful search filters will let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools, or within a HDB Estate or District – so that you find exactly what you are looking for.

View More

Close Ad

00:00