Understanding Property Tax In Singapore

What Is Property Tax & Why Does It Matter? Property Tax in Singapore is a wealth tax levied on property ownership. It is not a tax on rental income. It is levied on the ownership of properties, irrespective of whether the property is…

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…

HDB To Launch Over 9,500 BTO Flats in November, New Private Home Sales Plunge 68.4% in October and More

15th November to 21st November 2022 More than 9,500 Build-to-Order (BTO) flats will be launched by the Housing and Development Board (HDB) in the upcoming sales exercise on 23 November 2022. Meanwhile, new private home sales in Singapore, excluding…

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…

A Comprehensive Guide To Executive Condominiums (ECs) In Singapore

Do you want to live in a condominium, but feeling concerned about the high price? Executive Condominiums (ECs) might be the one for you! Read on to learn more about what they are. What is it? Also known as the property for the “sandwiched…

Making Sense of Credit Cards

In a previous article about loans, we touched on the different types of loans that are available to consumers, one of which included a personal line of credit and credit cards. In this article, we will dive deeper into the world of credit…

Guide to Achieving the Singaporean Dream: Purchasing Your First HDB Resale Flat

Whether you’re a newly wedded couple who isn’t keen to wait for your BTO, a retiree couple or a single individual looking for your first home, the HDB resale market has a variety of housing options to offer you. Purchasing properties involves…

A Singaporean Guide to Buying your First HDB in Singapore

According to a survey done by Coffee meets Bagel, 92% of Singaporean daters believe that good financial planning is a crucial trait they look for in their other half. Given the price of real estate, your first home is likely to be the…

Redbrick Conversations with Clemence Lee, Executive Director of Singapore Capital Market division, CBRE

Redbrick Mortgage Advisory is honoured to interview Mr. Clemence Lee, the current Executive Director of the Singapore Capital Market division, CBRE. He focuses and assists clients in terms of divestments and the acquisition of investment properties.…

SORA Rates – What Is It And Which To Choose?

As you begin your journey to financing your new home, you may be familiar with its two forms – the fixed rate and floating rates. You may also encounter terms which are relatively new, such as the Singapore Overnight Rate Average (SORA).…