Commission Guideline
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. www.sgpropertytrust.com or its representatives give no warranty, guarantee or other representation about the accuracy of the information and accept no liability for any loss or damage which may arise from reliance on it.
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.
Private Properties Rental – Singapore
Landlord : 1 month’s gross rental
(1 month’s gross rental for lease between 12months to 24months, plus additional 1/2 month for every subsequent 12months’ lease. 1/2 month’s gross rental for lease less than 12months.)
Tenant : 1/2 month’s gross rental (as service fee)
(applicable for rental 2,500 & below per month)
- Payment upon execution of tenancy agreement.
- For Co-broke transaction ($2500 & below ) : landlord’s agent collect commission from landlord and tenant’s agent from tenant. If rent is above $2500, landlord’s agent shall pay 1/2 to co-broking agent.
No commission shall be collected by one agency from both landlord & tenant in the same transaction without prior knowledge or written consent of the landlord & tenant, if the gross rental is above $2500 per month.
