-KEY POINTS-
-Sora to stay high as rates reduction unlikely
-1year fixed rate (if any) is less attractive as high interest will go far into next year
[BEST RATES FOR COMPLETED PPTY]
– 2yrs Fixed Rates 3.00 3.00 (>300k)
– 2yrs Fixed Rates 2.95 2.95 (>500k)
– 2yrs Fixed Rates 2.90 2.90 (>800k)
– 2yrs Fixed Rates 2.88 2.88 (>1mil) NEW
– 2yrs Fixed Rates 2.85 2.85 (>1.3mil) NEW
FIXED RATES WITH FREE REVISION AFTER 12MONTHS
– 2yrs Fixed Rates 2.95 2.95 (>1mil)
[BEST RATES FOR UNCOMPLETED PPTY]
– 4yrs Bank Spread 0.40% + 3mth SORA (>800k)
– 4yrs Bank Spread 0.38% + 3mth SORA (>1mil) NEW
[BEST RATES FOR COMPANY LOAN]
– 2yrs Fixed Rates 3.50 – 3.80%
– Depends on loan size n company type
SG CENTRAL BANK
3MTH SORA PRESENTLY @ 3.65%
– Stress Test Range: 4.7 – 4.8%
