Glenn Teo

Glenn Teo

After graduating with a degree in Business and Management Studies (Honours), Glenn built his career in the banking industry for 12 years, working for UOB, DBS & Maybank. His passion in helping clients achieve their financial goals has won him numerous testimonials and accolades when it comes to advising wealth related matters. With an upbeat attitude, deep knowledge in the functions of the banking industry and excellent interpersonal skills, he believes that he will be able to aid clients with the right mortgage advice to turn their liabilities to assets soonest.

What is Total Debt Servicing Ratio (TDSR)?

Total Debt Servicing Ratio (TDSR) is a cooling measure introduced by the Singapore government to limit individuals from spending too big a proportion of their monthly income on debt repayments. At present, the TDSR is set at 55%, after the government tightened the threshold by 5 points on 16 December 2021.  Since property loans are large liabilities for many, TDSR ensures that borrowers practice financial prudence, and are not over-leveraged for their purchases.  What is Total Debt Servicing Ratio (TDSR)

Million-dollar flats: Striking it rich with your HDB flat?

The days in which successful applicants of the Built-To-Order (BTO) are able to boast of being able to sell of their flats at “high resale prices” might soon be over. Over the past weeks, owners of BTO’s that have recently completed their Minimum Occupancy Period (MOP) of 5 years have taken to the resale market to dispose of their property, fetching sky high prices with some crossing the million-dollar mark. The common traits between these units were their central locations,

Mature VS Non-Mature Estates: Which one trumps the other?

The maturity of an estate is often one of the key factors that people take into account when they are purchasing a property but many of you may also ask how mature an estate must be to be considered as a mature estate. Typically, an estate that has been around for more than 20 years would be considered as a matured one and those that have been built in recent years would be considered as a non-mature estate. Generally, most