From 30 September 2021 (inclusive of this date) (Effective Date), the following Floating Rate packages will be discontinued:
SIBOR-Pegged without MortgageOne feature; and
SIBOR-Pegged with MortgageOne feature,
(collectively, to be referred to as the Relevant Packages).
In view of the above, we are amending Clause 1 of the Mortgage Facility Terms to remove the references to the Relevant Packages. The amendments will take effect on the Effective Date.
From the Effective Date (inclusive of this date), the updated Clause 1 of the Mortgage Facility Terms, such that Clause 1 of the Mortgage Facility Terms will read as follows:
- Our mortgage facilities
Some of the mortgage facilities we offer are:
Residential property loan
Commercial property loan
Equity loan
Short term loan
Bridging loan
Some of the packages we offer are:
Floating Rate packages
Fixed Deposit Rate-Pegged without MortgageOne feature
Fixed Deposit Rate-Pegged with MortgageOne feature
SORA-Pegged without MortgageOne feature
SORA-Pegged with MortgageOne feature
Fixed Rate packages
Should you wish to discuss which mortgage facility suits your personal banking needs, please contact us and we can also explain the features and terms of our mortgage facilities. Please refer to your letter of offer for additional terms and conditions.
Where do I preview or obtain a copy of the revised terms?
Please click here for a preview of our revised Mortgage Facility Terms.
From the Effective Date (inclusive of this date), you may visit any of our branches or call our 24-hour Client Contact Centre at +65 6747 7000 to request for a hard copy of our revised Mortgage Facility Terms.