What are the best interest rates for refinancing

As of August 2025, the best refinancing interest rates for Singapore property are starting from around 1.90% for fixed-rate packages, subject to conditions and loan amounts. For completed properties, the lowest fixed rates from major banks such as DBS, OCBC, RHB, and Hong Leong Finance range approximately between 2.00% to 2.35% for the first year, with typical lock-in periods of 2 to 3 years and refinancing subsidies available. Floating rates, based on benchmarks like the 3M SORA, are also trending downward, with expectations for further decreases in line with global interest rate movements as inflation stabilises.

For the most competitive rates tailored to your refinancing needs and the latest market updates, you may use EdgeProp Singapore’s mortgage tools or seek recommendations from their in-house loan experts.