A low spread is only the starting point
For a floating package, add the applicable SORA benchmark to the advertised spread to estimate the current all-in rate.
Mortgage Market Monitor
Singapore bank rates, at a glance.
Follow SORA, compare indicative fixed and floating packages, and see how borrowing costs have moved across the property market.
Rates have fallen sharply from their 2024 peak, but the shortest SORA tenures are turning slightly higher.
Use the comparisons below as a starting point. Final pricing, eligibility and terms remain subject to each lender's assessment.
SORA Benchmark
Where floating rates begin
Updated 12 October 2026
Singapore Overnight Rate Average trend
Monthly compounded SORA, October 2024 to October 2026
1-month
3-month
6-month
Package Comparison
Find the relevant market
Switch between property and package types to compare indicative first-year pricing and the average rate trend.
Property type
Package type
Current indicative packages
Updated 12 Oct 2026Sorted by the lowest advertised first-year spread or fixed rate.
Average first-year rate
HDB SORA package history
Reading The Numbers
Three things to remember
Lock-ins and flexibility matter
Free conversion, partial prepayment and sale-waiver terms can be as important as the headline rate, especially if your plans may change.
Borrower profiles are priced differently
Loan size, property status and credit assessment may change the final offer. Treat this page as a market guide, not a bank quotation.
Want to compare the cost against your property plan?
We can help you frame the financing assumptions alongside your purchase budget, cash flow and intended holding period.
Important: Rates and package terms shown are indicative market information compiled as at 12 October 2026. They may change without notice and remain subject to loan size, property type, lender approval and prevailing terms. Historical averages are descriptive and are not an offer, recommendation or guarantee. Confirm the latest package directly with the relevant financial institution before acting.