HDB loans have now been more expensive than bank loans for almost a decade

The HDB concessionary loan is supposed to help make housing affordable. Which it totally did at one point…almost a decade ago. But from 2008 to the present, bank loans have been much cheaper. Even now, with interest rates on the rise, the typical bank loan charges about two per cent interest per annum. The HDB … Continue reading HDB loans have now been more expensive than bank loans for almost a decade More