SORA Explained

Understand the Singapore Overnight Rate Average (SORA) replacing SIBOR for fairer, more transparent mortgage rates.

Current SORA Rates

Live benchmark rates updated daily

1-Month SORA
1.04%
-0.13%
Past 6 months trend
3-Month SORA
1.09%
0.00%
Past 6 months trend

Source: Monetary Authority of Singapore (MAS) · Updated daily at 11:00 AM SGT

SORA 1M & 3M

Date1-Month SORA3-Month SORA
15 Jun 20261.0445%1.0851%
12 Jun 20261.0451%1.0757%
11 Jun 20261.0495%1.0739%
10 Jun 20261.0565%1.0711%
09 Jun 20261.0608%1.0676%
08 Jun 20261.0690%1.0641%
05 Jun 20261.0992%1.0579%
04 Jun 20261.1144%1.0565%
03 Jun 20261.1261%1.0549%
02 Jun 20261.1404%1.0564%

Everything you need to know about Singapore's new mortgage benchmark rate

What is SORA?

SORA is the Singapore Overnight Rate Average, a key interest rate benchmark.

What is SORA

Why Replace SIBOR?

SORA offers a more transparent and fair approach to interest rate calculation.

Why Replace SIBOR

How It Affects You

SORA-based loans offer greater transparency and consistency, helping borrowers better anticipate interest changes. With rates derived from actual interbank transactions, you can enjoy a more predictable and fair mortgage experience.

How It Affects You

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