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.

DBS CPF-OA HDB Loan at 1.78%: Should You Switch From Your HDB Loan?

Last updated: 13 October 2026 Written by Clive Chng, Associate Director at Redbrick Mortgage Advisory One of the most common questions I get from HDB homeowners is: “Should I stay on my HDB loan, or refinance to a bank loan?” The follow-up question is usually: “If I move to a bank loan, can I move back to an HDB loan later?” It’s a fair question, and an important one. Your home loan is likely the largest debt you’ll ever carry,

Clive Chng October 13, 2026

The Hidden Cost of the Singapore Property Dream: Is It a Legacy or a Trap?

If you grew up here, you know the script by heart. In Singapore, property is more than shelter; it’s a national obsession. For decades, owning a home has been seen as the ultimate marker of success, a belief system deeply embedded in our national psyche. The ultimate goal for many is to own a fully paid-off HDB or condominium. This mindset has served generations well, especially when prices steadily climbed. But the world has changed. The economy is different, the

Clive Chng February 10, 2026

The Cost of Waiting: Is Fear Making You Miss Out in the Singapore Property Market?

Walk into any coffee shop in Singapore and you’ll hear it. The same fears and anxieties about the property market. These concerns aren’t entirely unfounded. They stem from real events and experiences. But when fear becomes the primary lens through which we view property, it blinds us to opportunities that are hiding in plain sight. The reality? Property in Singapore, approached strategically, has consistently proven to be one of the most resilient and rewarding asset classes. Even in uncertain times.

Clive Chng January 30, 2026

Start 2026 Strong: The One Financial Review Every Homeowner Shouldn’t Ignore

Every January, we promise ourselves a fresh start. We declutter our homes, reset our fitness goals, plan our holidays, and recalibrate our finances. Yet ironically, many homeowners skip one of the most impactful financial reviews they could make, their property loan. In a year where stability, opportunity, and financial discipline will define the lives of many Singaporean families, one simple question can dramatically shift your 2026 trajectory: Is your home loan still working for you, or are you unknowingly working

Clive Chng January 2, 2026

How is TDSR calculated in Singapore?

Singapore’s property market is highly regulated, and borrowers must adhere to strict financial requirements in order to maintain responsible borrowing practices. One essential aspect of assessing affordability in the HDB or Private property market is the Total Debt Servicing Ratio (TDSR). The TDSR serves as a crucial framework implemented by the Monetary Authority of Singapore (MAS) in 2013. TDSR in Singapore serves to safeguard borrowers and promote sustainable lending practices. This article will help you understand how the calculation of

Clive Chng March 26, 2025

Prime Location Public Housing (PLH) Explained: What Every Homebuyer Should Know

To ensure public housing in prime areas remains accessible and affordable, the Singapore government introduced the Prime Location Public Housing (PLH) model to curb speculative buying. By implementing a series of measures, the PLH model seeks to balance housing market demands with social equity. In this article, we will explore the key measures introduced under the PLH model and how they may affect you and your future home purchases. What is Prime Location Public Housing? The Prime Location Public Housing

Clive Chng August 21, 2024

Auction Bidding – Tips and Tricks

Everyone knows about the 2 main ways to purchase a home – buying directly from a developer or the resale market. But did you know there’s another way? Unbeknownst to many, auction bidding is another great way to purchase your house! Auction bidding is a great way to snag deals, especially if present owners are urgently selling their homes. You might be able to receive a significant discount compared to if you directly purchased from the developer or resale market!

Clive Chng July 3, 2024

Budget 2024: How will changes to property tax impact homeowners?

The recent Budget 2024 announcement made on 16 February 2024 made headlines for the many announcements and changes made to the current schemes. Property was one of the main aspects mentioned in DPM Lawrence Wong’s speech. So, how will the recent changes affect you? In this article, we will delve deeper into the impacts of the changes on you, as homeowners. What is the aim of Budget 2024? If you didn’t know, the Singapore Budget is announced every financial year

Clive Chng March 6, 2024

Navigating the Singapore Property Market (2024)

Singapore’s property market is a dynamic and evolving landscape, a hub of opportunities for both homebuyers and investors. As we enter 2024, understanding these changes become crucial. This post aims to guide you through the key trends, opportunities, and considerations in the Singapore property market this year. Current Trends and Predictions for 2024 The private residential market in Singapore is a beacon of stability in the dynamic world of real estate. In 2024, we’re witnessing a unique blend of steady

Clive Chng January 17, 2024

Your Guide to Buying a Home in Singapore: Easy Steps to Get Started

Are you dreaming of buying a home in Singapore? The first step is understanding the all-important down payment. We’ll break it down into simple terms and guide you through the process. What’s a Down Payment? When you’re buying a home in Singapore, the down payment is like your first financial commitment to the property. It shows that you’re ready for the responsibilities of homeownership. The more you can pay upfront, the less you’ll need to borrow, which means lower monthly

Clive Chng November 22, 2023