I recently did a repricing on my housing loan. I changed my SGD SIBOR from 3 months to 1 month as I believe interest rate will remain low for a longer period of time. Euro and Japan are adopting negative interest rates, Yellen is also considering it. I notice that 3 months - 1 year SIBOR are always trading at a premium due to its prolonged fix rate(as shown below). As long as interest rate remains low, a 1 month SIBOR option will always be more efficient in my view. Besides the SIBOR switch, I have also gotten a much lower fixed interest margin compared to my previous package. The below table is the latest SIBOR rate.