Salary.sg Forums - View Single Post - HDB Loans vs Bank Loans
View Single Post
  #1 (permalink)  
Old 12-07-2013, 09:21 AM
squarepants squarepants is offline
Junior Member
 
Join Date: Jul 2013
Posts: 1
squarepants is on a distinguished road
Default HDB Loans vs Bank Loans

Hi everyone,

I wonder if any of you have bought their first properties, or considering to buy one in the near future, have you thought about how are you going to finance your property? I'm thinking of getting my first one in the next few years.

I've been reading up and it seems that Singaporeans tend to prefer HDB loans over loans from financial institutions even though the cost of getting a loan from financial institutions is so much lesser in this low interest rate environment.

May I know why? It will be good if you guys have real life experience to share!

Reply With Quote