Useful Links to defer your Singapore Mortgage Loan commitments

Useful Links to defer your Singapore Mortgage Loan commitments – 2020 is a tough year for all businesses and individuals. Covid-19 has caused the world biggest economies to close their doors and has now forced Singapore to stop all non-essential services to contain the spread.

Under the Second Budget Singapore Resilience Budget announced by DPM Heng Swee Keat, Repayment of Residential Property Loan can be deferred.

Quoting the FAQ from the MAS circular: https://www.mas.gov.sg/-/media/MAS/resource/covid-19/FAQs-on-Repayment-Deferment-Resi-Property-Loans-for-Individuals.pdf

Persons can choose to defer up to 31 December 2020 to either:

  1. The Principal portion of the monthly instalment, while continuing to pay the monthly interest; or
  2. The full monthly instalment. Interest will continue to accrue on the principal amount deferred, but no interest-on-interest will be charged during this deferment period. After the deferment period, the loan amount and interest accrued on the deferred principal will be fully amortised over the remaining loan tenure.

Read the MAS Circular to find out more.

Useful Links to defer your Singapore Mortgage Loan commitments can be found below (credits for consolidation of links to WhatsApp Circular going around):

Development Bank of Singapore – DBS


Oversea-Chinese Banking Corporation – OCBC


United Overseas Bank – UOB


Citibank (Scroll down to Special Financial Relief Programme for Residential Property Loans Section)



Hongkong and Shanghai Banking Corporation  – HSBC 


Commerce International Merchant Bankers – CIMB




Standard Chartered Bank

Housing & Development Board – HDB 

The new measures did not address HDB Loan homeowners, but if you do require help, you can contact HDB to assist you on your deferement on a “case-by-case basis”.

Any requests may be made through HDB’s Branch Office Service hotline at 1800 2255 432. Or use the below branch email details found at: https://www.hdb.gov.sg/cs/infoweb/contact-us

NOTE: All counters at Branches are closed due to Covid-19, email or call hotline to get help.


Branch/ Service Centre Contact Details
Ang Mo Kio Branch
Bedok Branch
Bishan Branch
Bukit Batok Branch
Bukit Merah Branch
Bukit Panjang Branch*
Choa Chu Kang Branch
Clementi Branch
Geylang Branch
Hougang Branch
Jurong East Branch
Jurong West Branch
Pasir Ris Branch
Punggol Branch
Queensway Branch
Sembawang Branch
Sengkang Branch
Sims Drive Branch
Tampines Branch
Toa Payoh Branch
Woodlands Branch
Yishun Branch


Avant Consulting is a Singapore SME Loan Broker and Singapore Mortgage Loan Broker.

If you require help in refinancing your home mortgage loans, drop us a call at +65 9752 9796 / +65 9092 5632 or email us info@avantconsulting.sg

Useful Links to defer your Singapore Mortgage Loan commitments