Picture of Wren Lim

Wren Lim

Wren worked as a category manager in an SME firm after graduating in Economics and Finance. In his 1.5 years there, he dealt with corporate clients such as 7-Eleven and Cold Storage. After which, he moved over to UOB Business Banking for 1 year where he served SME owners via commercial/ industrial property purchases, term loans for business expansions and built lasting relationships with clients along the way.

What Does It Mean If You Are A Guarantor?

Has anyone asked you to be their loan guarantor? This decision to become a loan guarantor should be considered carefully and today, we will look into the details that you should be aware of before taking on the responsibility of being someone’s guarantor. Being a guarantor for someone means agreeing to bear the responsibility of paying off the original borrower’s loan obligations if they default on their loan or are unable to pay. This essentially means that the legal obligation

What Are The Different Types Of Private And Landed Properties In Singapore?

As we all know, a large majority of Singapore’s land is owned by the Government. This makes landed property a popular (though expensive) option for many future homeowners. If you are one of the many who want to own private or landed property in Singapore, yet are confused about the many foreign terms, fret not! Continue reading on, and hopefully, your doubts will be cleared. What is Private Property? To make things simple, we will split properties in Singapore to

Are you applying for a BTO in 2021 for the first time?

As we usher in the year of the Ox in 2021, you may be heavily contemplating if applying for a Built-to-Order (BTO) flat would be a wise choice. Indeed, purchasing a home is a big-ticket item and for many Singaporeans, one of their largest investment. During 2020, the pandemic disrupted the sales exercise for Built-to-Order (BTO) flats islandwide. Due to Covid-19 restrictions, the sales launch slated for May was combined with August and November BTO exercises. Housing and Development Board

I am a student, can I apply for a BTO?

If you are one of the lucky few and have found the love of your life during your university years, you may be thinking of getting a Build-to-Order (BTO) flat with your partner. Since BTOs take about roughly 3 years to be built, applying early may be ideal so that you can move in as soon as possible (or upon graduation) with your partner. However, if both you and your partner are currently full-time students, can you actually apply for

Why are prices of resale HDBs not increasing despite spike in transactions?

If you have been keeping a close watch on the resale transaction market, you will have noticed that between April and June this year, the number of resale applications rose by 29.8% from 4835 to 6276. The figure this year was also 5.6% higher than the resale transaction in the second quarter of 2018. However, despite the rise in the number of applications, we do not see the same increase in resale prices. Instead, there was a decrease in price