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.

Real estate crowdfunding: 3 things to know before you invest

What is crowdfunding? Crowdfunding offers a platform for start-ups and budding entrepreneurs to raise funds. Business ventures are, as the name suggests, funded by a crowd of people over the internet. A well-known example of a crowdfunding platform would be American-based Kickstarter, which focuses largely on creative projects. A number of companies crowdfunded on Kickstarter have eventually become extremely successful, such as the Oculus VR (the company which specialises in virtual reality and produces virtual reality headsets for video gaming)

Clive Chng December 13, 2019

REITs: What are they, and how do they differ from Property Stocks?

What are REITs? Real Estate Investment Trusts (REITs) are companies that own and operate a portfolio of income-producing real estate. In 2002, the first REIT CapitaLand Mall Trust was listed on the Singapore stock market. It remained the only REIT on the Straits Times Index (STI) all the way until 2014 when Ascendas REIT joined in. Since then, REITs have gained popularity in Singapore as an investment vehicle. Types of REITs Healthcare REITs REITs in Singapore: First REIT, Parkway Life

Clive Chng November 14, 2019

Does my property have en bloc potential?

During the en bloc craze some 18-24 months ago, many of the beneficiaries became overnight millionaires. A millionaire, overnight. I doubt there is any other phrase as sexy. As such, many of the rest of us will be wondering if we too can join their esteemed ranks. How would we know if our condominiums, or even HDBs, have en bloc (Selective En bloc Redevelopment Scheme (SERS) in HDB context) potential? Rising land value If the land value overtakes the property

Clive Chng October 17, 2019

National Day Rally 2019: Future Development Plans for Singapore

In this year’s National Day Rally, Prime Minister Lee Hsien Loong highlighted a few plans that are close to the heart of every Singaporean, such as education and retirement age. With environmental concerns gaining worldwide attention, some possible options to tackle climate change were also being addressed in the speech. But in this article, we are going to shift the focus on the future development plans mentioned in the speech. The Greater Southern Waterfront (GSW) — “Live Work and Play”

Clive Chng August 31, 2019

How to leverage on property cycles to sell and buy property

In real estate, timing is everything. Timing your decisions to buy and sell property is the key to maximising profits. Experts usually do so by studying the fluctuations of prices within the real estate cycle. Whether you are a homeowner, investor or a renter, it is important to understand how the property cycle works in order to make the most of your property. What are property cycles? Some experts argue that there is no such thing as property cycles. In

Clive Chng June 21, 2019

Here’s how you find out the real potential of your property

Do you know the real potential of your property? Generally, every real estate owner or prospective buyer only has their personal (or even perceived) interests at heart. What this means is that one decides to buy a property because he/she fancies it based on merely physical characteristics, or even on an unfound basis that it is a ‘good investment…and its value will go up in the future’ without even doing any analysis. If you are someone like the above description,

Clive Chng May 29, 2019

Orchard Road: At an all time low

Known as Singapore’s premier shopping belt since the 1960s after the area was zoned for retail, Orchard Road is no stranger to the retail scene. However, Singapore’s once-famed shoppers’ paradise is slowly losing its significance. This is evident in the falling foot traffic along the 2.2km retail strip and the five-year high vacancy rate of 8.7% since the first quarter of 2016. Several factors can be said to have contributed to the gradual demise of Orchard Road – such as

Clive Chng April 29, 2019

Consider These 4 Factors Before Deciding On An HDB Loan Or Bank Loan

Deciding between taking up a HDB loan or a bank loan is no different from an expensive game of preferences: besides just choosing which is the cheaper option, there are other considerations that you might want to look into as well. Here are some of the main differences that you might wish to consider when comparing the two loans: Down payment Interest rates Possibility of loan refinancing Penalties: i.e.: Prepayment and late payment penalties Before we launch into the comparisons,

Clive Chng March 15, 2019

REITs – Here’s why you should invest in them

Real estate has always been a popular vehicle of investment, well known for its extremely resilient nature. However, people generally are put off by the high prices of acquiring a real estate asset. The benefits of investing in real estate are often a key factor for first-time homeowners; however, the high down payments can be a daunting task to climb. Simultaneously, the same holds true for those seeking to own a rental property as a consistent income stream. Nevertheless, there’s

Clive Chng March 8, 2019

How to spot excellent rental opportunities as a tenant

If you have been following up with Singapore’s property markets over the past year, there has been mainly one specific trend: recovery. Singapore’s recovery across the various markets, and particularly the office and residential markets has been phenomenal. Notwithstanding that, the retail market is still in a slump, although this presents an excellent opportunity for tenants to jump in due to the low rents. All-in-all, this is a great opportunity should you be looking for rental opportunities throughout the sectors.

Clive Chng February 8, 2019