Singapore Commercial Housing Loan

Singapore Commercial Housing Loan

We look at various Singapore commercial housing loan conditions and terms in Singapore. It is taken from a bank / financial institution in Singapore as an example for your knowledge. Details of Singapore Commercial Housing Loan plans and packages will vary between banks.

Singapore Commercial Housing Loan is provided for personal use and not for investment purposes.

Singapore Commercial Housing Loan Features and Benefits:
Financing all types of completed or under construction residential
properties.
Minimum loan amount is SGD200, 000.
Quantum of financing (QOF) up to 80%.
Legal fee and valuation fee subsidy.
Free fire insurance for 2 years.
Enjoy loan tenure up to 40 years, or 70 years of age, whichever is earlier.
No processing fees.

Singapore Commercial Housing Loan Benefits:
Option of term loan and overdraft.
Customer with OD facility only required to service interest.

Singapore Commercial Housing Loan Terms & Conditions Apply.

Singapore Commercial Housing Loan Eligibility:
21 years old & above.
Any of the applicants must earn more than $24,000 per annum.

Singapore Commercial Housing Loan Requirements:
Copy of NRIC/Passport of all Applicants & Owners.
Income Documents.
Latest Computerised Payslip (salaried).
CPF Statement – Latest 12 Months Contribution History (salaried).
2 Years Income Tax Assessment (self-employed).
Option to Purchase or Sale & Purchase Agreement (for new purchase).
Loan Statement from Existing Bank/Financial Institution – Latest 12 months (for refinancing).
Latest CPF Withdrawal Statement for Existing Property to be Refinanced/to be Sold.
Evidence of Sale of Existing Property (if applicable).
Singapore Commercial Housing Loan Tenancy Agreement (if applicable).


Singapore Commercial Housing Loan details subject to change.



Singapore Housing Loan Rates subject to change.

Housing Loan Rate

3-Month Sibor Rate

3-Month Sibor Rate

We present 3-Month Sibor Rate this 2011 for you.

3-Month Sibor Rate is offered to you for personal use only.

This 3-Month Sibor Rate is taken from Monetary Authority of Singapore.

3-Month Sibor Rate is presented now.

3-Month Sibor Rate
(as at 28 April 2011)


= 0.44


3-Month Sibor Rate subject to change.


Singapore Housing Loan Rates subject to change.

Housing Loan Rate

2011 Sibor Rate

2011 Sibor Rate

We share the latest 2011 Sibor Rate this April 2011 with you, our dear readers.

2011 Sibor Rate is taken from the Monetary Authority of Singapore.

Here is the latest 2011 Sibor Rate in Singapore.

2011 Sibor Rate :

3 month Sibor is 0.44

as at 6 April 2011



2011 Sibor Rate is provided for information only.


Singapore Housing Loan Rates subject to change. Housing Loan Rate

HSBC Home Loan Refinancing Promotion

HSBC Home Loan Refinancing Promotion

Listed are the terms and conditions of HSBC Home Loan Refinancing Promotion.

Terms and Conditions

1. Customers who refinance their home loan with HSBC in this HSBC home loan refinancing promotion, by submitting their application for the same between 1 January and 30 June 2011, will enjoy a cash incentive of 0.4% of the loan amount, capped at a maximum of S$10,000 (the "Cash Incentive").

2. The HSBC home loan refinancing promotion Cash Incentive is only applicable to HSBC's SIBOR-pegged Loyalty package with a minimum loan size of S$300,000.

3. This HSBC home loan refinancing promotion is applicable to refinancing cases for completed properties (with TOP obtained) only.

4. This HSBC home loan refinancing promotion is applicable to new loans only.

5 .The HSBC home loan refinancing promotion Cash Incentive will be calculated based on first loan drawdown amount and will be fully refundable by the customer to HSBC if the home loan is fully redeemed within 3 years from the first loan drawdown date.

6. The HSBC home loan refinancing promotion Cash Incentive is not applicable in conjunction with any other promotion.

7. Full legal subsidy is only applicable for HSBC home loan refinancing promotion loan size of at least S$460,000.

8. SIBOR refers to three-month Singapore Interbank Offered Rate for Singapore dollar published in The Business Times on the first business day of the month.

9. The applicable interest rates, Cash Incentive and terms are subject to change and HSBC's right of review.

10. The Bank's Property Loan Standard Terms and other applicable terms and conditions apply to this HSBC home loan refinancing promotion.


HSBC home loan refinancing promotion subject to change.

Housing Loan Rate