Eugene Huang

Eugene Huang

As the director of Redbrick Mortgage Advisory, Eugene believes that there should be an eco-system in which all parties of the mortgage industry can co-exists to facilitate a meaningful and profitable value chain. He has personally structured mortgages with more than SGD 1 billion in total value during his stint in a multinational offshore bank in Singapore.

Singapore Real Estate: 2017 in Review

The year of 2017 has presented itself as an interesting year for the Singapore real estate market; full of developments that have shaped a rather rapid recovery across various sectors. One of the most prominent developments can be said to be changes in the cooling measures in March 2017 that has seemingly been relaxed. Other significant events in the industry include en bloc fever which has been going on from May onwards, a rise in the PPI (Property Price Index)

Why the hype around properties with en-bloc potential?

Properties have life cycles, just like us. We know that property prices are largely driven by demand and supply. Today as we examine the correlation between the price and age of a property, we exclude external influences like demand, supply, inflation, immigration policies, infrastructure changes, etc. Let’s look at the profile of a typical 99-year leasehold or freehold condominium since it forms the majority of private residential properties in Singapore. The launch – forming of a property After land is

The Currency War: Is It Better To Finance Malaysian Properties In SGD or MYR?

Singapore and Malaysia are two countries that offer property investors the advantages of border proximity, ease of transportation, and close economic ties. With Singapore still ranking as the world’s most expensive city to live in (EIU), more investors are turning heads towards neighbour Malaysia. In Malaysia, the property market is gaining momentum. With developments in strategic locations such as Iskandar Johor just across the Causeway, businesses are shifting to this up-and-coming metropolis which is poised to become the next international

Reading the Fine Print for Home Loans

These are the key criteria you have to take into consideration when choosing your home loan: Reference Rate This can be either a Fixed Rate, or floating rates pegged to Singapore Interbank Offer Rate (SIBOR), Swap Offer Rate (SOR) or banks’ internal Board Rates. Lock-in period Typically ranges between 1 to 3 years, but we have also seen lock-in periods of up to 8 years. The lock-in period determines the time frame in which you have to keep the mortgage

Buying a Residential Property in Singapore? Position Yourself Now!

Are you still sitting on the fence waiting for property prices to drop before buying your next property? There’s no fault exercising prudence over such a major financial decision. However, while you’re waiting for property prices to drop, your chance of getting approved for a property loan may also be slimming down. Thanks to TDSR or Total Debt Servicing Ratio. TDSR Explained In 2013, the Monetary Authority of Singapore (MAS) enforced a framework for processing and granting property loans in

5 Facts You Wished You Knew When You Took Up Your Home Loan

If you are like most Singaporeans, you probably took up a mortgage to help pay your current place of residence. Then again, as a typical Singaporean, you might need more than half of your working lifetime to pay it off as interest payments can amount to more than 50% of the price of your property (i.e. if you bought your property for $1million, the interest you pay over the tenor of your loan can be more than $500k!) Here are

The Mathematical Consideration Of Buying A Property

You could be someone that has made that 1st foray in real estate some years back and is now sitting comfortably on a property that has appreciated.  You pride yourself on that smart decision; regardless whether the property was for investment or if it is still your residential address.  With the currently repressed property market, as a savvy and sophisticated investor, you have the stamina to hold on to your current property/properties but you do not want to lose out on