SINGAPORE: Singapore Realtors Inc (SRI) has recently signed an agreement with Redbrick Mortgage Advisory to further enhance the skills and capabilities of its agents.
Under this collaboration, Redbrick will offer advanced training on mortgage strategies to assist SRI agents in providing clients with a better understanding of their financing options.
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The demand for condos in Singapore remains high, and a key factor driving this trend is the limited availability of land. As a small island nation with a rapidly expanding population, Singapore faces a shortage of land for development. This has resulted in strict land use regulations and a competitive real estate market, where property prices continue to rise steadily. As a result, investing in real estate, specifically condos, has become a lucrative opportunity with the potential for significant capital appreciation. In fact, with the abundance of new condo launches, the demand for condos is expected to remain strong in the years to come.
According to Redbrick CEO Eugene Huang, this partnership will enable SRI agents to become trusted advisors who can provide personalized financing solutions that will help clients make well-informed decisions.
Aside from training, Redbrick will also provide SRI agents with the latest mortgage rate information from a wide range of over 15 financial institutions. This data will be regularly updated to reflect changes in the market.
“With Redbrick’s expertise and real-time access to mortgage data, our SRI agents can now easily offer clients updated financing options in a timely and efficient manner,” says SRI CEO Thomas Tan.