Microsoft just announced recently that the OneDrive is getting an increase in the amount of storage available to customers.
Free storage will increase from 7GB to 15GB. Storage bundled with Office 365 subscriptions will also be increased to 1 TB.
Besides the increase in amount of storage, the storage prices will also be reduced to S$3 per month for 100 GB of storage.
Lastly, OneDrive users who refer friends will still receive up to 5 GB (in 500 MB increments) for each friend who accepts an invitation. OneDrive will also give you 3 GB just for activating the camera backup feature on your smartphone.
All of these updates will take effect in the next month. Current subscribers will be automatically be moved to the lower prices.