What is the average property agent commission in Singapore?

The average property agent commission in Singapore is 2% of the sale price for HDB resale flats and most private residential properties such as condominiums. For landed properties, the commission may be higher, typically starting at 2% and going up depending on property complexity and value. On the buyer's side, HDB buyers usually pay a 1% commission, while buyers of private properties generally do not pay a direct fee since the buyer's agent is typically compensated through co-broking arrangements with the seller’s agent.

For rentals:
- Landlord’s commission is usually half a month’s rent per year of lease.
- Tenant’s commission may apply for rentals below certain thresholds (often under $4,000/month), and the typical rate is half a month’s rent for one-year leases, and one month’s rent for two-year leases.

All commission rates are negotiable and not fixed by law. Always discuss and confirm the commission structure in writing with your agent before appointing them, as fees may vary depending on agency practices, property type, and market conditions.