Singapore · Bridging-loan rates
Bridging loan rates in Singapore — what's published, what's not
Singapore bridging-loan rates are not published as fixed percentages on lender marketing pages. Banks quote against their prime / board rate or against SORA; finance companies price per-transaction. This page covers the pricing models in use across 12 MAS-regulated lenders, what to ask for in a quote, and where to obtain current numbers.
No fabricated rate table on this page
We deliberately do not publish a "current bridging-loan rate" table because every facility in Singapore is quoted on application; any published rate would be either out-of-date or inaccurate for your specific transaction. This page documents how the pricing actually works; for a current quote, contact the lender directly or use the free shortlist tool.
Three pricing models in use across SG lenders
1. Prime / board-rate-linked (most banks)
Quoted as the bank's prime or board rate plus a transaction-specific spread. The prime rate is published by the bank; it can revise when wholesale funding conditions shift. The spread reflects the bank's underwriting view on your transaction. Used by most of the major Singapore banks: DBS, OCBC, UOB, Standard Chartered, Maybank.
2. SORA-linked
Quoted as compounded SORA (Singapore Overnight Rate Average) plus a spread, with defined reset windows. SORA is the benchmark interest rate published daily by MAS and is now the preferred benchmark for new SG home-loan products following the SOR/SIBOR transition framework published by MAS. SORA-linked bridging is offered by selected banks; specific tenor (1-month SORA, 3-month SORA) and reset frequency vary.
Reference: MAS — Transition from SOR to SORA.
3. Fixed-rate (some finance companies)
Some MAS-regulated finance companies and specialist lenders quote a fixed rate per transaction, locked at disbursement. Removes interest-rate-direction risk during the 6-month tenure but is typically priced at a premium over equivalent prime-linked bank facilities.
What to ask for in a rate quote
When contacting a lender for a bridging-loan quote, ask for:
- The reference rate used (prime, SORA, or fixed) and its current published value
- The spread over the reference for your transaction
- Whether the rate is locked at disbursement or floats during the tenure
- Indicative total interest cost for your expected drawdown amount × expected tenure (in SGD, not just a %)
- Extension-charge rate if the existing-property sale completes beyond the 6-month tenure
- All-in cost breakdown including legal, valuation, and any processing fees
- Any bundle discount available if you're also taking the onward mortgage from the same lender
Lenders by pricing-model family
12 MAS-regulated SG bridging-loan lenders, grouped by primary pricing-model family. Click any lender for its full profile with the published bridging-loan page link.
7 banks — prime / board-rate or SORA-linked
| Lender | Category | Source page |
|---|---|---|
 DBS Bank | Bank (local) | Source: Page ↗ |
 OCBC Bank | Bank (local) | Source: Page ↗ |
 UOB | Bank (local) | Source: Page ↗ |
 Standard Chartered | Bank (foreign) | Source: Page ↗ |
 Maybank Singapore | Bank (foreign) | Source: Page ↗ |
 HSBC Singapore | Bank (foreign) | Source: Page ↗ |
 Citibank Singapore | Bank (foreign) | Source: Page ↗ |
3 MAS-regulated finance companies — often fixed-rate
| Lender | Category | Source page |
|---|---|---|
 Hong Leong Finance | Finance company (NBFI) | Source: Page ↗ |
 Singapura Finance | Finance company (NBFI) | Source: Page ↗ |
 Sing Investments & Finance | Finance company (NBFI) | Source: Page ↗ |
2 other lenders — different regulatory frameworks
| Lender | Category | Source page |
|---|---|---|
 Tradition Credit | Moneylender (MinLaw-licensed) | Source: Page ↗ |
 GMG | Broker-lender hybrid | Source: Page ↗ |
Frequently asked questions
What are bridging loan rates in Singapore right now?
No single published rate applies across the SG market. MAS-regulated banks quote bridging facilities on application, typically pegged to the bank's prime / board rate or to a SORA-linked benchmark. Specific rates vary by lender, transaction details, and whether the bridging is bundled with the onward home loan. There is no public rate table because facilities are underwritten case-by-case.
Why don't lenders publish a fixed bridging-loan rate?
Bridging is a short-tenure, transaction-specific facility. Lender pricing reflects the bank's prevailing prime rate (which can revise), the SORA reference where applicable, your overall credit position, transaction size, and whether you're also taking the onward mortgage from the same lender. Publishing a single headline rate would either be quickly stale or inaccurate for most transactions.
How is SORA used to price bridging loans?
SORA (Singapore Overnight Rate Average) is the Singapore benchmark interest rate, published daily by MAS. SORA-linked bridging facilities quote as "Compounded SORA + spread" or "1M / 3M SORA + spread" with reset windows. SORA replaced SIBOR as the preferred benchmark for SG home-loan pricing — see the MAS published transition framework.
What's the difference between prime-rate and SORA-linked pricing?
Bank prime/board rates are published by the bank and adjusted at the bank's discretion when wholesale funding conditions shift — typically irregular but discrete moves. SORA moves daily with monetary conditions. For a 6-month bridging tenure, modest SORA moves typically contribute only small total-interest variation; prime-rate revisions during a single tenure are uncommon.
Do non-bank lenders price bridging differently?
Yes. The three MAS-regulated finance companies (Hong Leong Finance, Singapura Finance, Sing Investments & Finance) price per transaction, often with fixed rates locked at disbursement. Licensed moneylenders (regulated by MinLaw under the Moneylenders Act 2008, not by MAS) price under a different regulatory framework with different cost caps.
How do I get a current bridging-loan rate quote?
Contact lenders directly via their published bridging-loan page, work with a MAS-regulated mortgage broker who can quote across multiple lenders, or use the free shortlist tool. A broker comparing 3-5 lenders in parallel often surfaces better pricing than approaching a single lender.
Are bridging-loan rates higher than home-loan rates?
Typically yes — bridging is a short-tenure facility with higher operational overhead per dollar and is exposed to completion-timing risk on the outgoing property sale. Banks frequently price bridging at a small premium over their published home-loan rates.
What other charges affect total cost?
Beyond the headline rate: legal / conveyancing fees (commonly SGD 1,500–4,000 depending on property type), valuation fee (SGD 300–800), processing fees (varies, sometimes waived if bundled with onward mortgage), and any extension charges if your existing-property sale completes late. See the bridging loan fees guide for the full breakdown.
Sources & methodology
Lender pricing-model information drawn from each MAS-regulated lender's published bridging-loan page (linked per row). SORA / SOR transition framework from MAS. MAS Financial Institutions Directory licence verification at eservices.mas.gov.sg/fid. This page is informational only and does not constitute financial advice.