dolphinz

Hey, bepgof, I find this strange...Maybank Jolene quoted $30,000 @2.98% with monthly installments $575 in the earlier reply, isnt't that correct? Why did you use 5.74% instead of 2.98%? is that correct? puzzled...

Hi, everyone! What is the average renovation costs of a new standard 5-room flat these days? Well, I have about S$50 K savings but am considering to keep for rainy days instead of using up for my renovations, what do you think? I've checked on the RHB Reno Loan here: http://www.rhbbank.com.sg/personal/loans/RL%20rate.pdf For S$30,000 @5.38% p.a., I just need to pay $571 over 5years...that's more affordable rather than to part with my S$50K emergency savings, don't you think so? What's Furnishing Loan? Please feel free to share

U should compare the effective rates and installment amount to ensure u are able to service the loan

so is there any special rates from maybank or ocbc for renovation loan?

I'm looking for renovation ideas for my HDB flat, but the ID magazines are too expensive and some are featuring landed australian properties that are out of my scope. Any recommendation for value-for-money ID magazines?