Clive Chng

Clive Chng

Clive graduated on the Dean’s list from Nanyang Technological University with an Engineering degree. Prior to joining Redbrick, he not only served as a Project Manager for Keppel Shipyard where he oversaw multi-million dollar marine projects, but was also the Vice President for Keppel Young Leaders, focused on the development of future leaders. Being a fan of low-cost Index Funds, his passion in Investing and strong interest in understanding how financial markets shape economies ultimately fuelled his move from the field of engineering into the financial industry where his personality trait as a servant leader further allows him to service his clients effectively.

COVID-19: The future of commercial spaces hangs in the balance

As many of us move into our 5th month of working primarily from home, some of us may be wondering: is this the beginning of the end of the commercial real estate industry? This does not come as a surprise to many, with remote working and telecommuting now set as the default amidst the ongoing COVID-19 pandemic. While Singapore has been largely successful in her battle against the virus with current low daily reported community cases, the fight is far

Save today, spend more tomorrow: Things to note when buying a home with a short remaining lease

Making headlines recently, a 4-room HDB flat in Tiong Bahru with a short 51-year lease remaining was sold for a whopping $1.1 million, jumping on a bandwagon of HDBs crossing the million-dollar price point. However, cases as such surface only once in a blue moon. More often than not, informed property buyers avoid purchasing properties with shorter remaining leases. This is because, upon the expiration of the lease at 99 years, all ownership and rights to the land will be

COVID-19: Resilience in the eye of a storm

Currently, with over 150 vaccines being aggressively tested all around the world, countries are caught up in a heated race to put a stop to the ravaging COVID-19 pandemic that has led to massive business windups, long lines of workers at the risk of being furloughed and massive destabilization of major economies. Amidst this unprecedented storm, some are keeping watch for opportune moments to sow their excess cash in the hopes that post-pandemic would offer greater harvests. Such is seen

Which projects should you look out for in Singapore’s largest BTO launch this August? (Part 2)

With BTO applications just right around the corner, we bring to you the second part of the August BTO project launch overview. In our previous article, we took a closer look at 2 main projects to be launched in the non-mature estates, namely Woodlands and Tengah. For those gunning for a shot at a mature estate, this article is the one for you as we take you through an overview on which projects truly caught our attention. It is well

Which projects should you look out for in Singapore’s largest BTO launch this August? (Part 1)

Due to implemented Circuit Breaker measures between April and June amidst the ravaging COVID-19 pandemic, Built-To-Order (BTO) launches for May 2020 were postponed and merged with sale launches in August. With August around the corner, HDB will be announcing the launch of 8 major BTO projects across various regions around the city, both in the mature and non-mature estates. The BTO application period often receives wide attention, especially amongst younger home applicants given its budget-friendlier traits due to heavy subsidies

A shift in the banking world: Introducing SORA, the Singapore Overnight Rate Average

Until most recently, SOR and SIBOR rates were traditionally used to price mortgage loan rates here in Singapore. However, it was announced back in Aug 2019 that the Singapore Overnight Rate Average (SORA) will be the new benchmark SGD interest rate that would eventually replace SOR and SIBOR. Following the gradual uncovering of a scandalous manipulation in the London Inter-Bank Offered Rate (LIBOR) which directly affects the Singapore Dollar Swap Offer Rates (SOR), it was apparent that there was a

Sometimes selling your home does more harm than good, and here’s why

With COVID-19 and its tremors felt in the job market, some may consider selling their homes and trade it for a budget-friendlier option in the effort to cut lean in light of rainier days ahead. While that may be a frugal and wise choice for some, it is important to note that the sale of your home does not guarantee that you would be able to recover or retain your cash and reduce your debt, but could potentially even land

What makes real estate a worthy investment?

“Land is a man’s treasure”. For generations, land has always been regarded as a prized commodity, given its scarcity and possible benefits such as agriculture or for human activities. In certain communities around the world, land parcels distinguish and differentiate social classes or even as a medium of trade. The modern man today is familiar with the term ‘Real Estate Investment’, with promises of huge returns with low risk. But how many of us know what makes real estate so

How will technology reshape the real estate sector in the new normal?

If there is one thing that the COVID-19 pandemic has taught us, it is that technology can truly reshape the way we work, live and play. With workers and families forced to make the best out of the situation while hunkering down in their respective homes, technology has allowed for the continuation of life amidst a worldwide crisis like never before in history. In this article, we will be scoping how technology could potentially disrupt and reshape the way the

Reflecting on the past 140 days, Reshaping a new normal: COVID-19

As Singapore sets her sights on the careful reopening of her economy today, it is a good time to look back at how Singapore has braved the last 140 days, and even reflect on what could the future be. Since the first detected case of COVID-19 on the 31st of January 2020, Singapore has undergone massive reforms brought about by legislative changes under the Infectious Disease Act. COVID-19 shook foundations around the world, a virus worse than SARS in 2002.