Singapore Real Estate Agents Commission Guideline
Singapore Real Estate Agents Commission
This commission guide is for those who wish to engage the professional service of Singapore real estate agent to assist in selling, buying, renting, etc of Singapore properties. One should note that it is by no means rigid, standardised in all cases, and it depends on the service level provided by the agents. It is also subject to change from time to time depending on the market condition.
Private Properties Sales - Singapore
Vendor : 1% - 2% of Sale Price (deduct from sale proceeds at completion of sale of property)
Purchaser : Nil - 1% of Sale Price (as finding fee)(50% at point of placing deposit for purchase of property & remaining 50% at completion of sale documentation.
No commission shall be collected by one agency from both vendor & purchaser in the same transaction without prior knowledge or written consent of the vendor & purchaser of property.
Singapore HDB Resale Flats
Vendor : 1% - 2% of Sale Price
Purchaser : 1% of Sale Price (as service fee)
1. Commission payable at 1st appointment or completion date. 2. For Direct transaction by agent : agent collect commission from both vendor and purchaser.3. For Co-broke transaction : vendor's agent collect commission from vendor and Purchaser's agent from purchaser.
No commission shall be collected by one agency from both vendor & purchaser in the same transaction without prior knowledge or written consent of the vendor & purchaser of property.
