Property Agent Commission Rates in Singapore (2026)
Everything you need to know about property agent fees for buying, selling, and renting in Singapore.
Quick Summary: Standard Commission Rates
Commission Rates by Property Type
HDB Resale Flat
Seller Commission
of the selling price
Example: For a $500,000 HDB flat
Commission = $10,000
Buyer Commission
of the purchase price
Example: For a $500,000 HDB flat
Commission = $5,000
Note: Some buyers choose not to engage an agent and pay 0% commission. However, having a buyer's agent can help with price negotiation and due diligence.
Private Property (Condo/Apartment)
Seller Commission
of the selling price (negotiable)
Example: For a $1.5M condo at 2%
Commission = $30,000
Buyer Commission
often negotiable or waived
New Launch: Usually FREE for buyers (developer pays agent)
Landed Property
Seller Commission
typically 2% for higher-value properties
Example: For a $5M landed at 2%
Commission = $100,000
Buyer Commission
negotiable based on property value
For GCBs and high-value properties, rates may be lower percentage but higher absolute value.
Rental Transactions
| Lease Duration | Landlord Pays | Tenant Pays |
|---|---|---|
| 1 year lease | 0.5 month rent | 0.5 month rent |
| 2 year lease | 1 month rent | 1 month rent |
| 3+ year lease | 1.5 months rent | 1.5 months rent |
Tips for Negotiating Commission
Do Compare Multiple Agents
Get quotes from 2-3 agents. Compare not just rates, but also their track record and marketing plans.
Do Consider Value Over Price
A good agent may charge more but achieve a higher selling price, resulting in net savings for you.
Do Get Everything in Writing
Ensure commission rates, exclusive period, and services are clearly stated in the agency agreement.
Do Discuss Marketing Plans
Higher commission should come with comprehensive marketing. Ask what's included for the fee.
Frequently Asked Questions
Are property agent commissions regulated in Singapore?
No, commission rates are not regulated and are freely negotiable between agents and clients. The rates mentioned are industry norms, not fixed requirements.
When do I pay the commission?
Commission is typically payable upon completion of the transaction - when the sale is finalized or when the tenant moves in for rentals.
Is GST charged on commission?
Yes, if the agency is GST-registered, 9% GST will be added to the commission. Always confirm whether quoted rates include GST.
Can I use my own agent for new launch condos?
Yes, you can engage your own agent for new launches. The developer typically pays the commission, so it's usually free for buyers.
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