SORA just made its biggest move this year.
1M Compounded SORA jumped from 1.10% to 1.30% in a month. 3M SORA is up from 1.12% to 1.19%. The bottom is officially behind us.
What this means if you're holding a floating loan: your rate is heading up, and the gap between floating and fixed has nearly closed. Best floating today is 1.39% (private). Best 2-year fixed is 1.40%, now from two banks after Citi cut to match HSBC.
For 0.01% more, you lock your rate for 2 years while SORA climbs. That's the trade on the table right now. UOB expects 3M SORA to hit around 1.39% by year end, which would push floating packages past 1.5%.
HDB owners, take note too: bank floating from 1.44%, fixed from 1.45%, both still far below the 2.60% HDB concessionary rate.
Full September rates across all banks, updated 4 Sep:
propertynet.sg/latest-bank-mortgage-loan-rates-across-singapore/?v=sep
PropertyNet.SG
Singapore Mortgage Rates from 1.39% p.a. (September 2026) | PropertyNet.SG
Compare Singapore home loan rates from 1.39% p.a. across all major banks. Updated monthly.
September 7, 2026 70
