What is the typical commission for a sales agent?

The typical commission for a sales agent in Singapore is generally negotiable but follows these common guidelines:

- For HDB resale flats: Seller’s agent typically charges 2% of the sale price, and buyer’s agent charges around 1%. The buyer’s agent fee has become more common in recent years due to changes in market practices.
- For private condominiums and non-landed properties: Seller’s agent commission usually ranges from 1% to 2% for standard properties but can go up to 4% for unique or luxury homes. For higher-value properties, the rate can sometimes be as low as 0.5%.
- For buyers’ agents (as of 2025): Buyers may expect to pay their agent directly, typically 0.5% to 1% of the purchase price, depending on the arrangement. This fee is no longer always covered by the seller or through co-broking, especially for private property.
- For landed properties: Seller’s agent commission is typically at least 2%, but may be higher due to complexity.

All commission rates are negotiable, and should always be discussed and agreed upon in advance with your property agent before entering into any agreement. For high-value or luxury properties, lower commission percentages are sometimes negotiated. Commission is typically paid in cash (CPF funds cannot be used for commission payments).