Bridging Loan

• Borrow up to 15% of the purchase price or fair market value (whichever is lower)
• Competitive interest rates of 6.5% p.a.
• Maximum tenor of six months

If you need help on the initial cash downpayment on your property purchase, we can extend a Bridging Loan to you while you are still in the process of selling your HDB flat or private property.

You can borrow up to 15% of the purchase price or fair market value (whichever is lower) at 6.5% p.a. (1% above prime rate*) and the maximum tenor of the Bridging Loan is six months.

During the tenor of the loan, you can choose to service the interest only and repay the principal amount once you receive the cash proceeds from the sale of your existing property.

• New CPF rules on housing

Make an appointment with us today.

For more information, please call our 24-hour Customer Service Hotline on 1800-HSBC NOW (4722 669) in Singapore or (65) 6-HSBC NOW (4722 669) from overseas.

^*The prime rate is currently 5.5% p.a. Rates are subject to change without prior notice.