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Group Corporate Affairs
Press Release
HONG LEONG FINANCE LAUNCHES NEW HDB HOME LOAN BLITZ Rates from 1.13% p.a. from now till July 28 Singapore, July 5 – As demand for HDB units heats up, Hong Leong Finance (HLF) is again giving home-owners a leg up with its new HDB Home Loan Blitz. Singapore’s largest finance company newly launch HDB home loan rates is among the lowest in the market with variable interest rates from 1.13% pa. Consumers who prefer monthly-repayment certainty and who want to be protected from interest rates fluctuation can choose from its 2 or 3-year fixed rate packages. The 2-year and 3-year fixed rates start from as low as 1.43% p.a. and 1.73% p.a. respectively. “The new financing packages are indicative of our commitment to bring greater value and flexibility to all consumers,” said HLF President, Mr Ian Macdonald. “With the increase in private home prices, and rising demand for HDB homes, the attractive packages provide a timely financing solution for many customers.” During the promotion, the first 128 customers who take up a minimum HDB loan of S$280,000 will receive a dining gift set. Customers who take up the HDB Loan together with a minimum $60,000 car loan or $100,000 share loan will also get to choose from either a $100 petrol voucher or Millennium & Copthorne Hotels dining voucher. For more information, please contact: Tania Tan Assistant Manager Hong Leong Group Singapore Group Corporate Affairs Tel: 6428 9306 Email: taniatan@cdl.com.sg
About Hong Leong Finance Hong Leong Finance is Singapore’s largest finance company with shareholders’ funds of over S$1,365 million as at 31 December 2008. Having been in business since the 1960s, the company has embraced the opportunity to grow with its customers, many of whom have been with the company since it started out. HLF’s islandwide presence of 28 branches ensures it is always close to its customers. Its newest branches are located at 9 Tampines Grande and in Singapore’s first eco-mall, City Square Mall.
9 Raffles Place #36-00 Republic Plaza Singapore 048619 Tel: 6438 0880 Fax: 6534 3060 www.hongleong.com.sg
This document is © 2010 by Hong Leong Group Singapore - all rights reserved.