Money Lobang

UOB SORA Commercial Property Loan

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3 yrs Ave. Rate 5.11% Attribute
Min. Loan $200,000 Attribute

Last updated on 2024-02-13

UOB SORA Commercial Property Loan Review

Pros Pros

Low interest rate spread for 1st 2 years of loan package

Legal fees subsidy for refinancing

Cons Cons

Subject to fluctuations in 3m SORA rate

2 years lock-in period

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Property Loan Details UOB Property Loan SORA Rates

  Interest Rate^
1st year 3m SORA + 1.20% p.a.
2nd year 3m SORA + 1.20% p.a
3rd year 3m SORA + 2.00% p.a
Thereafter 3m SORA + 2.00% p.a
3 years average 5.11% p.a.

 

^ Interest Rate based on latest 3 Month SORA and assuming it stays the same for first three years

 

Legal fee subsidy of 0.40% of loan capped at $2,000

Rates are pegged to 3 month SORA

Rates are reviewed every 3 months

Up to $750 subsidy for valuation

Minimum loan amount of $200,000

2 years Lock-In period

New/re-financing individual owners are eligible

 

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Make a loan enquiry about this UOB SORA Commercial Property Loan

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UOB SORA Commercial Property Loan Review

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