The Maximum Permissible Interest Rate (MPIR) applicable to accommodation prices and to refund periods for refundable deposit balances and accommodation bond balances will increase from 5.70% to 5.72% for the period of 1 January to 31 March 2018.
The Base Interest Rate remains unchanged at 3.75%.
Read more:
Schedules of Fees and Charges (1 January 2018) update to Maximum Permissible Interest Rate
Schedule of Fees and Charges for Residential and Home Care From 1 January 2018 (.pdf)
Schedule of Fees and Charges for Pre 1 July 2014 Residents from 1 January 2018 (.pdf)