Real Estate Agent Commission Rate


property agent commission singapore

How much does it cost to hire a Property Agent in Singapore? 

In Singapore, The Council of Estate Agents ( the Stat Board licensing agents and agencies in Singapore) does not set a fixed price for the agents Commission. This is negotiated between the agent and the client. The table below shows the current market rate agents charge.

HDB

Private Property

Engaging an Agent to sell your property

2% of the selling price plus GST 


(if the Agent's company collects GST)

2% of the selling price plus GST


(if the Agent's company collects GST)

Engaging an Agent to purchase a 

1% of the selling price plus GST

Agents will typically share the commission with the seller's agent. 


Similarly, that is the rates that our teams start at. However, consultation is absolutely FREE.

Our Consultation services includes:

  • Figuring out the best asset planning strategy for you. 
  • Comparison between several properties that you have shortlisted, i.e. which offers you the best value for the price.
  • Financial Calculations and your timeline about the sale and the purchase of your new property.
  • A detailed report about your current property and the properties on sale in your neighbourhood.
  • Recent transacted prices in the area/ development that you intend to purchase (buying the most expensive property in the area is always a bad idea for capital appreciation).
  • Inspection and recommendations to improve your property so that it would be more appealing to buyers. We can assist in the contacting of HDB (for matters under HDB purview) and/or a handy man to increase the 'curb appeal' of your unit. Check out our article on " Home Staging: How to sell your home in a slow market.

If you are still undecided about hiring an agent, you might want to read our article, " Should i hire a property agent. "

Feel free to email us at askus@propertyrocking.com or SMS/WhatsApp/ Call us at 96918885 if you are unsure of your property plans, whether it's short term or long term.

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Siti Zubeidah is a Marketing Director with ERA Realty Network Pte Ltd. (CEA No.: R050625J) She has a Bachelors Degree in Informations Communications and Sociology from the National University of Singapore (NUS) and a Masters of Mass Communications from Nanyang Technological University (NTU). With vast experience in the HDB market, Private and Landed Properties in Singapore, she is confident that she can assist you to make the correct decision regarding the purchase of your dream home as well as to get you the best price on the sale of your property. She can be contacted at 96918885 or at askus@propertyrocking.com.