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Standard Chartered’s HDB Bridging Loan funds your new property’s down payment while you wait for sales proceeds from your existing property

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HDB Bridging
HDB Bridging

Standard Chartered’s HDB Bridging Loan funds your new property’s down payment while you wait for sales proceeds from your existing property

Features

Eligibility

Eligibility

  • Aged between 21 to 65 years old
  • Singapore citizen or permanent resident selling your HDB flat or private property
  • Buying another flat from the HDB resale market or directly from the HDB
  • All owners of the flat sold must be borrowers
  • Maximum loan tenure of 6 months
  • Note: First-time buyers and contra-transactions do not qualify.
  • Terms and Conditions apply.

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.