William Hofmann

William is a Senior Research Analyst at ValuePenguin Singapore, focusing on banking and SMEs. He previously was an Economic Consultant at Industrial Economics Inc.

How Much of Your Income Should You Spend on Housing?

Housing is one of the largest and most important expenditures for most individuals. With that said, many renters and homeowners have no... Read More

Could a Coworking Space Save Your Startup Money?

Coworking spaces offer entrepreneurs sleek new offices in which they can collaborate with other startups. These spaces are popping up all... Read More

Protect Yourself and Your Family from Loan Sharks with These Simple Steps

Loan sharks have a reputation of intimidating borrowers in Singapore. From verbal threats to vandalism, these groups are known to harass... Read More

What Kind of Home Would S$1 Million Buy in Major Cities Around the World?

Is S$1 million enough to purchase a home in Singapore? What about other major international cities? In this article, we compare prices... Read More

Is Cash Out Refinancing a Smart Financial Move?

Cash out refinancing can be a powerful financial tool for homeowners. But, do its risks outweigh its potential rewards? In this article, we... Read More

Crowdfunding is Changing the World for the Better

The emergence of charitable crowdfunding has already produced impressive results for charities around the world. In this article, we... Read More

Crowdfunded Home Loans: Could They Help You Purchase Your Dream Home?

Crowdfunding has democratised all types of financing. Crowdfunding home lenders have emerged in the United States, United Kingdom and... Read More

The Rise of Islamic Finance: What Does it Mean for Consumers?

Islamic finance has expanded significantly in recent years. In 2016, Islamic financial institutions total assets totaled more than S$3... Read More

What Would Happen if You Couldn't Use Your CPF Savings to Buy a Home?

In 2017, Singaporeans withdrew S$11 billion from their CPF savings in order to purchase homes. A recent policy proposal could end the use... Read More

Wedding Costs Continue to Grow in Singapore: Can You Still Afford to Get Married?

As the cost weddings continues to rise, we analyse the impacts for consumers as well as some potential explanations. Read More