FAQs on The Use of CPF For Home Purchase

Undeniably, purchasing a property is a major decision, and probably the heaviest financial commitment for most of us. However, the use of Central Provident Fund (CPF) to pay the down payment and make monthly financial obligations has been a…

Make your money work harder for you: Mortgage interest offset accounts

Housing loans are one of the biggest financial liabilities we have in our lifetime. With the current low interest rate environment, a $500k loan over the low interest would still amount to a $120k payment towards interest over a 30-year tenure.…

Conversations with: Prestige Global Designs

Sophistication, finesse, opulence – these are some words that best describes the work that the team at Prestige Global Designs is capable of. Headed by Managing Director Michael Ong and Director Jeremy Tay, Prestige Global has bagged numerous…

5 Things to check in a resale home before you buy it

Buying a home is a tedious process. Buying a resale home is even more so. From hunting for a good unit in a good location, to settling all the paperwork involved, there are tons of things you need to take care of.  But none of these really…

What type of mortgages are people getting? Analysis of $1 billion worth of home loan in Singapore

Ever been curious about how others handle their mortgages? Or who secures them?If your answer is yes, then Redbrick is here to help answer your questions! We’ve condensed some of the insights obtained from mortgages we’ve transacted…

Prime Residential Properties: An Overview of Ultra Luxury Penthouses in Singapore

The concept of a penthouse apartment originated from The Roaring Twenties in the 1920s, when North America, Western Europe and other developed nations experienced strong economic growth and construction boom. This widespread affluence and increased…

Your Last Chance at Safety; An Opinion Piece for Property Loan Fixed Rates Packages

Introduction: End of An Era of Cheap This is already old news – the US Fed raised rates again, as anticipated, on 14th June 2017, bringing the target rate to 1.25%. They are expected to raise again to 1.4% in the second half of the year,…

Why your HDB is not going to make you any money?

Just like any young couples would as they begin their next chapter of life, you ballot for a BTO and, after 4 years of wait, move happily into your first matrimonial home. Over the years, you start a new family and draw greater income…

How to finance a property in London with a Singapore bank

In recent years, Singaporeans have been one of the biggest buyers of London properties, favouring new-built and luxury flats.Due to its stable residential development and a naturally competitive market, London continues to be a safe haven…