1M SORA
1.1399%
Short-term benchmark. Less commonly used for home loans.
↑ +0.0169%
Finance · Interest rates
Singapore SORA rates
Track 1M, 3M and 6M compounded SORA — the benchmark for Singapore floating-rate home loans.
Updated 11 May 2026Low — below 1.5%
Latest compounded SORA
Current rates
1M SORA
Short-term
1.1399%
↑ +0.0169%
3M SORA
Most used for home loans
1.0759%
↑ +0.0050%
6M SORA
Longer-term
1.1107%
↑ +0.0018%
Chart
1M, 3M and 6M SORA — historical trend
Historical compounded SORA readings. Hover over the chart to inspect exact dates and rates.
1M SORA3M SORA6M SORA
Consumer context
What these rates mean for you
Which tenor should I care about?
Most Singapore banks use 3M SORA (3-month compounded) as the reference for floating-rate home loans. If your mortgage is pegged to SORA, it is most likely the 3M rate.
Is the current rate high or low?
Above 3% is elevated by Singapore historical standards. Pre-2022, SORA rarely exceeded 1%. The current environment reflects global rate tightening since 2022.
How does this affect my home loan?
Your effective rate is SORA + your bank's fixed spread (typically 0.8%–1.2%). At 3M SORA of 3.15% with a 1% spread, you are paying approximately 4.15% per annum.
SORA vs fixed rate — which is better?
When SORA is high and falling, floating-rate packages tend to get cheaper over time. When SORA is low and rising, fixed-rate packages lock in certainty. Compare the total cost over your lock-in period.