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    HSBC Commercial Property Loan

    In this age of technology, you can achieve a lot of success by coming up with a viable business idea. However, you will not be able to turn your business idea into a successful commercial venture till you purchase a commercial property and open a business centre. Commercial properties are very expensive and as the owner of a new business or a small business you may not have access to the required funds needed to purchase a commercial property. You can opt for a commercial property loan, such as the ones offered by HSBC Bank, and get access to the money that you need. With an HSBC Commercial Property Loan, you can get access to the money needed to purchase the commercial property of your choice.

    Overview of HSBC Commercial Property Loan

    HSBC is one of the largest and oldest banking and financial institutions in the world. The bank has its presence in countries around the globe and is also considered as one of the leading banks in Singapore. HSBC offers a wide range of products in Singapore that include home loans, personal loans, credit cards etc. HSBC Commercial Property Loan is a home loan product offered by the bank and it is aimed at offering entrepreneurs and businesses in Singapore with access to the required funds for purchasing the commercial property of their choice. It comes with a high loan amount and a variety of other advantages for the borrowers.

    Why Choose HSBC Commercial Property Loan?

    Getting access to the money that you need for purchasing the commercial property of your choice can be a daunting task and so you can opt for an HSBC Commercial Property Loan so that you can easily access to the required funds. You will enjoy numerous advantages and will also be offered with flexible repayment terms so that you can pay off the loan amount without any difficulty. The application process is also very simple and so you will not have to waste a lot of time and effort in applying for this loan product offered by HSBC Bank in Singapore.

    Features and Benefits of HSBC Commercial Property Loan

    • You will enjoy flexible interest rate packages and can choose from SIBOR linked packages, variable rate packages and fixed rate packages.
    • You will get the option for opting for a lock-in period of 1 – 3 years and during that period you will be offered with interest rates.
    • If you decide not to opt for a lock-in period, you can sell your house when your feel like without having to pay any penalty.
    • In case you do not pay the loan instalments with your CPF, you will get the option of choosing the due date, and the due date can be on the 1st, 10th, 15th, 20th or 25th of a particular month for the package selected.
    • As you can choose the payment due date, you will find it easier to plan your finances and make payments on time.
    • You will have access to complimentary services such as HSBC’s Home Assist and get assistance for all kinds of property related emergencies.
    • If your minimum loan amount is S$800,000, you will be able to access HSBC Premier Privileges and will get access to preferential rates of interest.
    • If your minimum loan amount is S$200,000, you will be able to access HSBC Advance Privileges and will get access to preferential rates of interest.
    • You can avail this loan for different types of commercial properties such as office, shop house or a shop.

    HSBC Commercial Property Loans Interest Rates

    SIBOR-linked packages
    2-year lock-in period HSBC Advance HSBC Premier
    1st Year 1 month / 3 months SIBOR + 1.50 percent 1 month / 3 months SIBOR + 1.45 percent
    2nd Year 1 month / 3 months SIBOR + 1.50 percent 1 month / 3 months SIBOR + 1.45 percent
    Thereafter 1 month / 3 months SIBOR + 3.00 percent 1 month / 3 months SIBOR + 3.00 percent

    For completed properties

    Refinancing Loans or Purchase of a New Property

    SIBOR-Linked Packages
    Tenure For Mass customers For Advance customers For Premier customers
    1st Year SIBOR + 1.50 percent SIBOR + 1.20 percent SIBOR + 1.15 percent
    2nd Year SIBOR + 1.50 percent SIBOR + 1.20 percent SIBOR + 1.15 percent
    3rd Year SIBOR + 1.50 percent SIBOR + 1.20 percent SIBOR + 1.15 percent
    Thereafter SIBOR + 1.50 percent SIBOR + 1.35 percent SIBOR + 1.35 percent

    For a Home Equity Loan

    SIBOR-linked packages
    Tenure For Mass customers For Advance customers For Premier customers
    1st Year SIBOR + 1.50 percent SIBOR + 1.35 percent SIBOR + 1.30 percent
    2nd Year SIBOR + 1.50 percent SIBOR + 1.35 percent SIBOR + 1.30 percent
    3rd Year SIBOR + 1.50 percent SIBOR + 1.35 percent SIBOR + 1.30 percent
    Thereafter SIBOR + 1.50 percent SIBOR + 1.35 percent SIBOR + 1.35 percent

    For Under Construction Properties

    SIBOR-pegged package*
    No lock-in period
    1st Year SIBOR + 1.50 percent
    2nd Year SIBOR + 1.50 percent
    3rd Year SIBOR + 1.50 percent
    Thereafter SIBOR + 1.50 percent

    The SIBOR-linked packages are only available for minimum loan amounts of S$200,000.

    Explore Other Banks offering Commercial Property Loans in Singapore:

    Explore Other Loans Offered By HSBC Bank:

    HSBC Commercial Property Loan Frequently Asked Questions (FAQs)

    1. What kind of properties can I purchase with an HSBC Commercial Property Loan?
    2. With a commercial property loan from HSBC Bank in Singapore, you can purchase different types of commercial properties such as office, shop house or a shop.

    3. What is SIBOR?
    4. SIBOR stands for the Singapore Interbank Offered Rate and it is a reference rate that is used by banks to determine the interest rate at which they will offer their different loan products to the customers. The rate can change on a daily basis.

    5. What is the minimum loan amount that I should avail, in order to be eligible for HSBC Premier Privileges?
    6. If your minimum loan amount is S$800,000, you will be able to access HSBC Premier Privileges and will get access to preferential rates of interest with your HSBC commercial property loan.

    7. Can I select the payment due date for the loan?
    8. Yes, if you do not intend to make the loan instalment payments through your CPF account, you will be provided with the option of choosing the due date, and the due date can be on the 1st, 10th, 15th, 20th or 25th of a particular month for the package selected.

    9. Does HSBC commercial property loan come with a lock-in period for interest rates?
    10. Yes, HSBC commercial property loan comes with a lock-in period of 1 – 3 years and during that period you will be offered with interest rates.

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