A savvy diamond merchant in Singapore recently made a smart investment by purchasing a prime commercial office unit at a substantial discount through an auction. The unit, located in a prime business district, offers a strong potential for rental income and capital appreciation. The diamond merchant leveraged their financial prowess to secure the unit, positioning themselves for future growth and success.
Location | Raffles Place, Singapore |
Market Value | $15,000,000.00 |
Loan Amount | $8,520,919.10 |
Loan-to-Value | 56.81% |
Duration of Loan | 24 months |
Payment Schedule | Monthly |
Asset Type | Commercial Building |
Completion Time | 3 weeks |