Bank of China Singapore

Posted by Sean Lim on May 18, 2017

Bank of China provides home loans for the Singapore residential market as well as commercial properties purchased under personal names. Their home loans are available for private condominiums and landed properties only. HDB flats and Executive Condominiums (EC) are excluded. Their mortgages are pegged to 3M SIBOR and/ or 3M SOR rates.


They are one of the few banks in Singapore that offer 3M SOR in addition to 3M SIBOR. An unique feature of their variable packages is the flexibility to switch between 3M SOR and 3M SIBOR rates free of charge. It is also one of the very few banks who offers a constant spread throughout the loan tenor to hedge against increasing new rates offered in future. Their mortgage packages may include a no penalty clause if you redeem the loan due to sale of property within the lock in period. For new launch mortgages, Bank of China provide a free conversion after the project achieve TOP status. Clients also enjoy special rate for home renovation loan and waiver of annual fees for BOC Credit Card throughout the loan tenor.

New Call-to-action 

Topics: banks

Written by Sean Lim

Testimonials for FAHL

"I am most impressed by Sean's professionalism in assisting to put in place a mortgage plan that totally meets my investment objectives. His enthusiasm and passion for what he does is remarkable. I hope there will be more mortgage brokers like Sean and his colleagues in Singapore." - Ann Tay, Jan 2017"

"I would like to register my compliments for Maggie. I started enquiring about loans since June/July last year and Maggie has been diligent in following up with me and in addressing all my questions. I recently only settled the bank loan. Throughout this period of several months, Maggie has been patient, proactive and prompt.  It is a delight working with her." - Irene

"You have given good advice, Maggie. Your website is the easiest to follow to get list of documents. We prepared according to the website and it is easy for us to understand." - Shally Tan

Subscribe to Email Updates

Recent Posts