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 Updates: Businesses on a tight rope, fourth budget to cushion possible fall

Fortitude Budget at a glance (for businesses and workers) With Circuit Breaker measures set to end on the 2nd of June 2020, Singapore is taking a cautious and well-considered approach to reopening her economy for fear of a possible second resurgence of the COVID-19 infection in the local community. A fourth budget, the Fortitude Budget was announced earlier this week on the 26th of May 2020, targeted at providing yet another cushion for enterprises. The core agendas supporting the fourth

Clive Chng May 29, 2020

A place to call home: How small is too small?

Land scarcity has been a long-standing issue for Singapore. And why should you care? Well, with the race against limited usable land space, its citizens would eventually feel the pressure. Labelled as one of the world’s densest nations, Singapore is starting to face the reality of this physical constraint. Left with no choice, homes have to be built vertically upwards, with typical high-rise units going at exorbitant prices that are comparable to the price of an entire bungalow in our

Clive Chng May 22, 2020

Temporary Relief Measures for the Real Estate sector amidst COVID-19

With show flat previews, viewings and construction work ground to a halt amidst tight “Circuit Breaker” measures, the real estate market has begun to feel the tremors of the COVID-19 pandemic. On the 6th of May 2020, the MND released a statement on the provision of temporal relief measures tailored to the slowing real estate scene, for both private developers and even for individuals like yourselves. The objective behind these initiatives is to ensure that prices in the private housing

Clive Chng May 9, 2020

More relief measures announced – Here’s how you can benefit from it

According to the recent financial report by Monetary Authority of Singapore (MAS), the nation’s economic status is headed for an unprecedented economic recession, with a predicted -4% GDP growth in 2020, potentially the worst hit since the 3.1% contraction seen way back in 1964. With many wages cut and furloughed workers left uncertain about the grim future, the MAS has stepped up yet another bout of fiscal stimulus, this time covering a broader range of loan deferments to cater to

Clive Chng May 2, 2020

New COVID-19 Measures: Deferring Your Loan Repayments

As Singapore braces for an inevitable economic crash landing, monetary cushions are being out to catch the fall. As of 7 April 2020, Singapore started lying low in her retreat against the virus, following strict restrictions on movement under the ‘Circuit Breaker’ initiative. Some of these measures include the mandatory closure of non-essential retails, no dining in at all food outlets and mandatory telecommuting for all companies’ staff except those working in essentials services. Big brands such as Uniqlo, H&M

Clive Chng April 10, 2020

Budget reliefs amidst Coronavirus panic: How does it affect you?

COVID-19, believed to be one of the worst economic contractions since Singapore’s independence has hit home hard. An economy that rose to its glory days due to her attractive social, economic and political climate now faces a very real threat. From the tourism industry to the real estate market, tremors are felt, some stronger than others. Rising up to the situation, the Singapore government has unleashed several bouts of relief packages, assisting not only its people but to cushion the

Clive Chng April 3, 2020

How can you make a windfall in a time of great uncertainty?

Markets crashing, industries failing, COVID-19 has taken the world by an unexpected but deadly storm. All around the globe, nations are shutting their borders tight, with strict border controls and even stricter lockdowns executed in the containment of an unseen enemy – a deadly pestilence. With the imminent threat of a severe global economic crisis, investors and business owners are standing on shaky ground, with high scepticism and uncertainty of the situation. Drastic measures have been taken by financial institutions

Clive Chng March 26, 2020

Co-living: the future of homes in Singapore?

In the past decade, the way we live and work has changed dramatically. The sharing economy has been picking up, and we now see more disruptive technologies driving this force and moving entire markets. Car-sharing, bike-sharing and hot-desking have proven how traditional methods of commuting and working have changed for the better. You probably have heard of this term ‘co-living’ being described by terms such as: comfortable, inclusive, adventurous, beautiful and convenient, but will this trend really stick around? While

Clive Chng March 4, 2020

How will Singapore’s market mask up in light of COVID-19?

COVID-19 – A virus originated from the province of Hubei, China that took the world by storm. First discovered on the 1st of December 2019, the highly infectious pathogen has transmitted its way all over the globe. To date, there have been over 75,000 confirmed cases of the infection and as each day passes, the numbers soar. Many economists, financial analysts and investors have taken an interest in how large-scale pandemics such as the ongoing one may have effects on

Clive Chng February 20, 2020

BTO 2020 February Launch: Canberra – A project worth balloting for?

On the 11th of February 2020, the Housing Development Board (HDB) announced its open ballot application for its first phase of Built-to-Order (BTO) projects for 2020, comprising of 2 main heartlands along the North-South (Red Line), namely Canberra and Toa Payoh. Making the top of headlines in the news, it was released that a total of over 3000 units were made available for booking by the public. BTO launches are a hot topic amongst many young couples who are often

Clive Chng February 14, 2020