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Explaining the Advantages of HDB Loans Versus Bank Loans – Rent a Room, Property for Buy, Sale, Invest

| Property Sales and Rental Articles | January 15, 2015

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Before 1 January 2003, people buying a HDB (Housing Development Board) flat have to finance it either with a HDB Concessionary Rate Loan or a HDB market rate loan. But since then the HDB market rate loan was replaced by home mortgage from financing institutions, which are gazetted by the Monetary Authority of Singapore.

HDB Concessionary Rate Loan

Compared to a home loan

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