What is the current commercial loan rate for 30 years and $500,000?

As of the latest information, the best interest rate for a commercial property loan in Singapore can be as low as 2.30% for a fixed rate, particularly for loans with a minimum amount of $800,000. However, for a loan of $500,000, the rates might be slightly different.

For a commercial property loan, you can expect the following:
- Fixed rates for the initial few years, potentially around 2.30% to 3.00%.
- After the lock-in period, the rates are often pegged to market indices like the 3-month compounded SORA with reasonable spreads.

It's important to note that once the lock-in period ends, the spreads can increase, sometimes significantly. For example, they could rise to above 6.50% if pegged to commercial BOARD lending rates.

To get the most accurate and current rates for a $500,000 loan, it is advisable to consult with financial institutions or mortgage advisors who can provide tailored information based on your specific needs.