What are the current interest rates for Singapore real estate

As of October 2025, mortgage interest rates in Singapore are trending down and are at their lowest levels in recent years. For HDB resale flats, the best fixed rates currently start from around 1.55% for year one and year two, with some promotional packages as low as 1.45% to 1.50% available for refinancing. For floating-rate packages, the spread over the 1-month or 3-month SORA benchmark generally ranges from 0.30% to 0.65%, translating to all-in rates between 1.7% and 2.9%, depending on the SORA level.

For private residential properties, the fixed rates offered by major banks are typically between 1.65% to 2.25% for the first two years, with refinancing packages sometimes even lower. Floating rates for new loans or refinancing are also pegged to SORA, with recent offers as low as SORA plus 0.40% for the promotional period.

The standard HDB loan from HDB remains at its long-standing 2.6% rate, which is not affected by current bank mortgage trends.

Overall, both fixed and floating mortgage rates are expected to remain low or potentially decline further toward the end of 2025, making this a favourable period for buyers and those looking to refinance. However, exact rates may vary between banks, property types, and the borrower’s financial profile. For the latest offers and detailed comparisons, you can explore the rates and calculators on EdgeProp Singapore.