Rivercove Residences

bigass

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This package is for BUC, building uncompleted.

Upon TOP you can convert to other package within DBS for completed property.

You may ask why fixed rate is not offered? This is because for BUC u dont pay 100pct for instalment. Its basically progressive payment depending on the progression of the construction.

FHR is pegged to fixed deposit rate. It is still fluctuative but not as much as sibor

Hi,

May I know these rates are for general public or only for their treasure/premier customers only?

TIA
 

bigass

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Multiplier is good if u contribute cash for loan repayment. Thats if u exceed your cpf.

Rem to put your salary crediting account as your multiplier account.

I will take DBS home loan. Their rates are comparable . And i have a DBS multiplier account , hence can giv me a slighly higher savings interest rate on the multiplier account .
 

Klemzer

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This package is for BUC, building uncompleted.

Upon TOP you can convert to other package within DBS for completed property.

You may ask why fixed rate is not offered? This is because for BUC u dont pay 100pct for instalment. Its basically progressive payment depending on the progression of the construction.

FHR is pegged to fixed deposit rate. It is still fluctuative but not as much as sibor

how about ocbc ohr which also based on sibor. Will it fluctuate as much as fixed deposit rate?
 

bigass

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I dont know about OCBC OHR. Probably its makes not harm speaking to both loan specialist before deciding.
 

bigass

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Understand how the variable works and determind by yourself which carries more risk.

Of course no durian seller will say his durians are lousy
 

kouichi83

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I am also in the midst of considering which bank loan to take up. Haven’t checked the foreign banks yet.
 

mambofever

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how about ocbc ohr which also based on sibor. Will it fluctuate as much as fixed deposit rate?

Still subject to their own tweaking as and when they like, similar to UOB, dbs, Maybank.

It’s either these, or fixed rate (not applicable to building under construction) or sibor.
 
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