Track Record
Investment snapshot
| Purchase Date | July 2020 |
| Loan to Value | 70% |
| Sale Date | October 2023 |
| Equity Multiple | 1.8 × |
| IRR | 23.0% p.a. |
Crawford Court
District 7, Singapore
Bought via sale-leaseback structure from financially distressed travel agency seller during the COVID lock-down period in 2020, the property is a commercial HDB unit located on 2F of Crawford Court near ICA building. Fengyu brought in stable replacement tenant when the travel agency closed shop in 2021. This property was successfully sold in October 2023 achieving an IRR of 23.0% p.a.