Bank loan rate?

In Singapore, bank loan rates for housing vary depending on the type of loan and the bank offering it.

Fixed Rate Loans

For private properties, fixed rate loans are available with rates such as:

• 2-year fixed rates starting from around 2.75% to 3.00% per annum.
• 3-year fixed rates starting from around 2.90% to 2.95% per annum.
• 5-year fixed rates can be as high as 3.75% per annum.

Floating Rate Loans

Floating rate loans, often tied to the 3-Month Singapore Overnight Rate Average (SORA), can have rates such as:

• 3M SORA + 0.20% to 0.60% per annum.
• Fixed Deposit Rate (FHR) loans, like FHR6 + 0.95% per annum.

HDB Loans

For HDB flats, the HDB loan rate is currently fixed at 2.6% per annum, although this rate can theoretically change.

These rates are subject to change and may vary based on the bank's offerings and market conditions. It's always a good idea to check the latest rates from banks such as DBS, UOB, OCBC, and others for the most current information.