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How many percent does an agent charge for buying and selling an HDB unit?
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When buying and selling an HDB unit in Singapore, the typical commission rates for property agents are as follows:
- Seller: Usually pays about 2% of the sale price as commission to the agent.
- Buyer: Typically pays about 1% of the purchase price as commission to the agent.
- Buyer: Typically pays about 1% of the purchase price as commission to the agent.
However, it's important to note that these rates are negotiable and can vary based on the agreement between the agent and the client.
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