Standard Chartered updates mortgage rate ladder — 3-month up 10 bps, longer tenors ease (4 June 2026)
Standard Chartered
Standard Chartered has updated its EIBOR-linked and SCBLR/SCBMR mortgage pricing effective 4 June 2026, with mixed movement across tenors — the 3-month rate rose while 6-month and longer tenors eased.
Updated rate ladder (4 June 2026)
| Tenor | Previous | Updated | Change |
|---|---|---|---|
| 3-month | 3.63% | 3.73% | +10 bps |
| 6-month | 3.83% | 3.74% | −9 bps |
| 12-month | 4.02% | 4.03% | +1 bp |
| 24-month | 4.42% | 4.38% | −4 bps |
| 36-month | 4.55% | 4.49% | −6 bps |
| 60-month | 4.60% | 4.52% | −8 bps |
The 12-month SCBLR/SCBMR reference rate moved from 4.14% to 4.17% (+3 bps).
What it means for borrowers
- Short-reset products got slightly pricier: the 3-month tenor rose 10 bps, so borrowers on (or considering) 3-month reset pricing face a small headwind.
- Medium and longer tenors eased: the 24-, 36- and 60-month rates each fell 4–8 bps, modestly improving pricing for borrowers who prefer a longer initial fixed period.
- Net effect: the curve flattened a little — the gap between short and long tenors narrowed. Whether that helps you depends entirely on your intended fixed-period and how long you plan to hold the loan.
These are reference-rate movements of a few basis points, not a major repricing — but they shift the relative value between tenors. If you’re weighing a Standard Chartered product, an advisor can model the all-in cost across tenors against other banks before you commit.
Need to talk it through? Mortgease's advisory team can help you map this against your specific situation — free, no obligation.
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