SCB Home Loan Review 2026 vs Other Banks: Homejourney Comparison
Standard Chartered (SCB) offers competitive Standard Chartered home loan rates in 2026, with 2-year fixed rates at 1.68% p.a. for private properties, tying closely with Maybank's 1.65% and beating DBS at 1.75%[1][3]. This Standard Chartered Home Loan Review 2026 vs Other Banks Comparison breaks down SCB mortgage review details against DBS, OCBC, UOB, HSBC, and more, helping Singapore buyers and refinancers decide confidently on Homejourney.
At Homejourney, we prioritize your safety and trust by verifying real-time rates from all major banks. Use our bank rates page to compare SCB rates instantly and apply via Singpass for faster approvals.
Standard Chartered Bank Overview: SCB Mortgage Review
Standard Chartered, a key player in Singapore's banking scene, excels in StanChart housing loan products for both HDB and private properties. SCB offers fixed-rate packages like 2-year fixed at 1.68%, 3M SORA +0.40% floating rates, and specialized options like HDB Home Suite pegged to 36M Fixed Deposit Rate (currently 1.27% base)[1][2].
Unique SCB perks include no lock-in for priority clients and short 1-year lock-ins on floating rates, ideal amid 2026's falling rates (now at 3-year lows vs HDB's 2.6%)[1][5]. For investors eyeing resale condos in areas like Punggol or landed homes in District 10, SCB's flexibility stands out.
Current SCB Home Loan Rates 2026 vs Competitors
SCB rates lead in fixed categories for private properties: 2Yr Fixed at 1.68% (Year 1-2), vs Maybank 1.65%, HSBC 1.70%, DBS 1.75%, OCBC 1.65%[1]. Floating: SCB 3M SORA +0.40%, competitive with promos at 1M SORA +0.25%[1][3].
The chart below shows recent interest rate trends in Singapore:
As seen, SORA has stabilized post-2025 peaks, favoring short-lock-in SCB packages over longer DBS 3Yr Fixed at 1.70%[1][5]. HDB buyers note bank rates now undercut HDB's 2.6%[5]. Compare all on Homejourney's mortgage rates tool.
| Bank | Loan Type | Year 1 Rate | Year 2 Rate | Lock-in |
|---|---|---|---|---|
| SCB | 2Yr Fixed (Private) | 1.68% | 1.68% | 2 years |
| Maybank | 2Yr Fixed | 1.65% | 1.65% | 2 years |
| DBS | 2Yr Fixed | 1.75% | 1.75% | 2 years |
| OCBC | 2Yr Fixed | 1.65% | 1.65% | 2 years |
| HSBC | 2Yr Fixed | 1.70% | 1.70% | 2 years |
| UOB | 3M SORA | +0.50% | +0.50% | 2 years |
Note: Rates as of Jan 2026; minimum loans $500k+ apply. Verify on Homejourney calculator[1][3].
Pros and Cons: SCB Refinance and Housing Loan
Pros of SCB home loan: Lowest spreads for priority clients (potentially under 1.68%), short 1-year lock-ins for SCB refinance in volatile markets, cash rebates $2,300+ on $1M+ loans[1][3]. Excellent for HDB upgraders from Punggol BTOs to private condos.
- Competitive vs DBS/OCBC on fixed rates[1]
- Free conversion options (FC12/24)[3]
- Green Mortgage promo till Jan 2026[8]
Cons: Rates slightly above promo specials (e.g., 1.48% promos), less dominant for HDB than DBS POSB[1][5]. Best for private property investors, not ultra-low-income HDB buyers.
OCBC/UOB edge on HDB volumes; HSBC for expats. Use Homejourney to see real-time SCB rates vs all.
Who Should Choose Standard Chartered? Actionable Advice
First-time buyers with $1M+ budgets eyeing resale condos: SCB's 1.68% fixed beats HDB 2.6%, saving ~$500/month on $800k loan[5]. Refinancers: Short lock-in allows switching if SORA drops further.
- Check eligibility on Homejourney mortgage calculator (TDSR compliant).
- Compare SCB vs others on .
- Apply multi-bank via Singpass: One form, multiple offers.
- Time refinance now—rates at lows[5].
Insider tip: Priority banking (S$200k deposits) unlocks sub-1.6% rates, per local broker insights[1]. Link to our SCB rates deep-dive.
SCB Application Process and User Experience
Documents: NRIC, income slips, property Option to Purchase. Processing: 1-3 weeks, faster with Singpass on Homejourney[3]. SCB's app offers MortgageOne repricing for existing loans[4].
Customer service: Strong for high-net-worth, but HDB volumes favor DBS[5]. Track SORA live on Homejourney for timing.
FAQ: Standard Chartered Home Loan Review 2026
What are current SCB home loan rates in 2026?
2Yr Fixed: 1.68% p.a.; 3M SORA +0.40%. Verify on Homejourney[1].
Is SCB better than DBS for refinancing?
Yes for short lock-ins; DBS for HDB volume. Compare side-by-side on Homejourney[1][5].
Can I switch from HDB loan to SCB?
Yes, rates now lower (1.68% vs 2.6%), but no reverse switch[5]. Use our calculator.
How to apply for SCB via Homejourney?
Visit bank-rates, Singpass auto-fill, get offers from SCB + others.
Disclaimer: Rates fluctuate; not financial advice. Consult Homejourney brokers for personalized guidance. Data from MAS-approved sources[1][2][5].
Ready to compare? Head to Homejourney's bank rates comparison for Standard Chartered Home Loan Review 2026 vs Other Banks Comparison—safe, transparent, user-first. Explore properties at property search within your budget. This cluster links to our pillar on best Singapore home loans 2026.
