65% of HDBs and condos sold in a month.
That’s why we sold HDBs and condos above market price.
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Your Guide to Property Agent Commissions in Singapore
Why are property agents still important?
- Market Expertise: They navigate regulations, understand local trends, and give you the inside scoop.
- Negotiation ninjas: They fight for your best deal, protecting your finances like fierce advocates.
- Personalized touch: They tailor their approach to your needs, making your journey smooth and stress-free.
- Legal eagles: They navigate legal complexities and paperwork, saving you time and headaches.
Property agent commission in Singapore for buying or selling
Here’s a quick look at the property agent fees in Singapore for buying and selling, organized by property type.Property type | Buyer’s agent commission | Seller’s agent commission |
---|---|---|
HDB resale | Usually 1% commission | Usually 2% commission |
Condominiums | No commission, seller’s agents split their commission with the buyer’s agent | In between 2 – 4 % commission |
Landed properties | No commission, seller’s agents splits their commission with the buyer’s agent | Usually 2% commission |
Commissions for rental agents in SG
Renting period | Commission |
Above SGD 3,500 ($2,625) in rent with a two-year lease | One month’s rental price |
Above SGD 3,500 ($2,625) in rent for a one-year lease | Half a month’s rental price |
SGD 3,500 ($2,625) or below with a two-year lease | One month’s rental price |
SGD 3,500 ($2,625) or below with a one-year lease | Half a month’s rental price |
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SELLING A HOME
Frequently Asked Questions
Got a question? We’ve got the answers. If you don’t see your question here, drop us a message. We’re happy to assist.
An HDB flat owner may change the flat ownership to his/her immediate family members such as spouse, parents, children, or siblings if it is due to reasons acceptable by HDB.
Proof of ownership in HDB (Housing & Development Board) typically includes documents such as the Certificate of Title or the Deed of Lease, which shows the ownership details of the flat.
Regrettably, according to HDB regulations, married couples must jointly purchase an HDB flat as a family nucleus.
Each flat can have up to 4 owners. If there’s more than one proposed owner, they need to decide how they’ll share ownership when ownership changes: either joint tenancy or tenancy-in-common.
One spouse might agree to transfer their share of the flat to the other, so the other can keep the flat.