Private Properties Sale
- Commission payable by Vendor is 2% of the Sale Price
- Commission payable by Purchaser is 1% of the Sale Price as finding fee
However, No commission can be collected by 1 Agency from both Vendor & Purchaser in the same transaction without prior knowledge or written consent of the Vendor & Purchaser. This is to prevent a conflict of interest if the Agency is both the Sole Agent for the Vendor and Finder of properties for the Purchaser.
Payment of Vendor's Commission :- By deducting off the sale proceeds at completion of sale.
HDB Flats Sale
- Commission payable by Vendor is 2% of the Sale Price
- Commission payable by Purchaser is 1% of the Sale Price as Service Fee
In a direct transaction by Vendor's Agent with Direct Buyer, Vendor's Agent will collect both the commission and 1% service fee.
In a co-broke transactions by 2 agents, the Vendor's Agent shall collect commission from Vendor while Purchaser's Agent shall collect from the Purchaser the 1% service fee.
HDB/Private Properties Rental
- Commission payable by Landlord is 1 month gross rental for lease between 12 month to 24 months, with an additional half month gross rental for every subsequent 12 months lease or less.
- Commission (as service fee) payable by Tenant is 1 month gross rental for lease between 12 month to 24 months, with an additional half month gross rental for every subsequent 12 months lease or less. This commission as service fee is only applicable when gross rental is S$2500 or less.
- in a direct transaction (S$2500 & below) by Landlord's Agent with Direct Tenant, Landlord's Agent will collect both the commission and service fee payable by Landlord & Tenant.
- In a co-broke transaction (S$2500 & above) by 2 agents, the Landlord's Agent shall pay half the commission from Landlord to the co-broking Agent.
- In a co-broke transaction (S$2500 & below) by 2 agents, the Landlord's Agent shall collect commission from Landlord while Tenant's Agent shall collect from the Tenant the service fee.
CALL: +65 9100 6623 or EMAIL:
Jasper@sghousehub.com For Further Discussion
