|Location||City Hall, Singapore|
|Market Value||S$ 5,000,000|
|Loan Amount||S$ 3,000,000|
|Duration of Loan||12 Months|
|Payment Schedule||Monthly Interest Payments|
|Asset Type||Shophouse Unit|
|Completion Time||10 Days|
- The CEO of a fund management company had the opportunity to purchase a shophouse from a fire sale.
- The individual needed financing in order to complete the purchase quickly.
- In less than a week, Rikvin Capital was able to provide a $3,000,000 real estate loan.
- The individual was able to capitalise on the opportunity and purchased the shophouse below market value.