#9
DBS Private BUC & Executive Condo (EC) Progressive 3M SORA Loan
From 1.81% p.a.(S$1.81)
Should this item rank higher or lower?
–
DBS Private BUC & Executive Condo (EC) Progressive 3M SORA Loan from [DBS Bank Singapore](/entity/dbs-bank-singapore) prices from 1.81% p.a. (No-Lock-In 3M SORA (BUC), benchmarked against 3M Compounded SORA (1.31%)) with a 0-year lock-in and Free conversion at TOP (Temporary Occupation Permit).
Also Ranks On
View canonical entity profile (1 lists) →Explore all rankings and community verdicts for DBS Private BUC & Executive Condo (EC) Progressive 3M SORA Loan on its canonical entity profile.
DBS Private BUC & Executive Condo (EC) Progressive 3M SORA Loan from DBS Bank Singapore prices from 1.81% p.a. (No-Lock-In 3M SORA (BUC), benchmarked against 3M Compounded SORA (1.31%)) with a 0-year lock-in and Free conversion at TOP (Temporary Occupation Permit).
Key Metrics
Specifications
LenderDBS Bank Singapore
Package StructureNo-Lock-In: 3M SORA (BUC)
Year 1 Effective Rate1.81% p.a.
Benchmark / SORA3M Compounded SORA (1.31%)
Lock-In Period0 years
Minimum Loan SizeS$500,000
Refinancing SubsidyFree conversion at TOP (Temporary Occupation Permit)
Offset / Account LinkProgressive disbursement aligned with BCA construction milestones
Pros and Cons
Pros
- Zero lock-in period during Building Under Construction (BUC) progressive payment stages at 3M SORA + 0.50% (~1.81% p.a.) with free conversion to a fixed package upon TOP
- Package Structure: No-Lock-In 3M SORA (BUC) (DBS Bank Singapore)
Cons
- Floating SORA exposure during 3-to-4 year construction timeline before TOP
- Subject to DBS Bank Singapore Singapore Key Facts Sheet & campaign T&Cs
Eligibility
- Minimum loan quantum S$500,000
- subject to MAS Total Debt Servicing Ratio (TDSR <=55%) and Mortgage Servicing Ratio (MSR <=30% for HDB/EC). 0-year lock-in during progressive construction stages + free switch at TOP
Things to Watch Out For
- Floating SORA exposure during 3-to-4 year construction timeline before TOP
- Subject to DBS Bank Singapore Singapore Key Facts Sheet & campaign T&Cs
Photos (1)
Comments on "DBS Private BUC & Executive Condo (EC) Progressive 3M SORA Loan"
Be the first to share your thoughts!
Have a take on this ranking?
Save your rankings and see how you compare. Comments are how the argument actually happens here. Posting one needs a free account — it takes about a minute.
No comments yet.
The first comment sets the terms of the argument.