Written on January 24, 2010 at 2:35 am by

HDB Housing Loan in Singapore, which bank provide the most attractive package in term of interest rate and fees

Filed under Singapore Home Loan one comment

Penalty for early repayment and other terms of conditions?
Any comparison table to show their difference?

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  1. Tan D says:
    January 24, 2010 at 2:58 am

    Bank loan for HDB flat are shuck! The Government new policy that some buyer must take bank loan for HDB flat have let these Banks earn hell of money.
    My brother took up a Bank loans for one well known Bank (Advertisement something like: Ask ***). The initital package was extremely attractive. With less than 2% interest rate for first year. But after 1 year past, the Bank increase the interest 3 times till 5% per annum now.
    As a result, the instalment that my brother need to pay increase from S$700+ to S$900+ per month.

    If possible, take HDB loan. These banks are just sucking blood.