Answer
How Much Is Property Agent Commission in Singapore?
What sellers and buyers actually pay in agent fees — for HDB resale, private resale, and new launch condos.
Answer: Property agent commission in Singapore is 1–2% of the sale price, paid by the seller. For HDB resale, the standard is 2% (seller pays). For private resale, it's 1–2%. For new launch condos, buyers pay 0% — the developer pays the agent 3–5% directly. On a $1M property, that's $10K–$20K in seller commission. Rates are negotiable.
Commission Rates by Property Type
| Property Type | Seller Pays | Buyer Pays | Notes |
|---|---|---|---|
| HDB resale | 2% | 0% | Includes 1% co-broking to buyer's agent |
| Private resale | 1–2% | 0% | No separate buyer fee in most cases |
| New launch condo | — | 0% | Developer pays agent 3–5% |
| New launch EC | — | 0% | Same as new launch condo |
Rates are market convention, not fixed by law. All rates are negotiable.
How Co-broking Works
HDB resale co-broking
In HDB resale, the seller typically agrees to pay 2% commission. Of this, 1% goes to the seller's listing agent and 1% goes to the buyer's agent as a co-broking fee. The buyer does not pay any commission separately.
Private resale co-broking
Similar structure — the seller pays 1–2%, which is split between the listing agent and buyer's agent. If the listing agent represents both sides (dual agency), they keep the full commission.
Commission in Dollar Amounts
What you'll actually pay as a seller at different price points.
| Sale Price | At 1% | At 2% |
|---|---|---|
| $500,000 | $5,000 | $10,000 |
| $800,000 | $8,000 | $16,000 |
| $1,000,000 | $10,000 | $20,000 |
| $1,500,000 | $15,000 | $30,000 |
| $2,000,000 | $20,000 | $40,000 |
GST (9%) may apply on agent commission. Confirm with your agent.
How to Save on Commission
1. Negotiate the rate
Commission rates are not fixed. For higher-value properties ($1.5M+), some agents will accept 1% instead of 2%. Always negotiate before signing the exclusive agency agreement.
2. Consider flat-fee agents
Some agents and platforms offer a fixed fee of $5,000–$8,000 regardless of the sale price. On a $2M sale, this saves you $12K–$32K compared to a 1–2% commission.
3. Sell without an agent
For HDB resale, you can list on HDB's resale portal and manage viewings yourself. For private property, you can list on portals directly. You save the full commission but handle all negotiations and paperwork yourself.
4. Non-exclusive listing
An exclusive agreement locks you to one agent for a set period (usually 3–6 months). A non-exclusive listing lets you work with multiple agents or sell on your own, giving you more leverage on commission.
Selling and upgrading?
Factor in agent commission when calculating your net sale proceeds. Then see how much condo you can afford.
FAQ
Who pays the property agent commission in Singapore?
The seller pays the agent commission in almost all cases. For HDB resale, the seller pays 2% (which covers 1% to the listing agent and 1% co-broking fee to the buyer's agent). For private resale, the seller pays 1–2%. Buyers typically do not pay any commission.
How much is agent commission for buying a new launch condo?
Zero. Buyers pay no commission when purchasing a new launch condo. The developer pays the agent's commission directly — typically 3–5% of the purchase price. This is why agents are incentivized to sell new launches.
Can I negotiate agent commission?
Yes. Agent commission rates are not fixed by law — they are negotiable. Some agents will accept 1% instead of 2%, especially for higher-value properties. There are also flat-fee agents who charge a fixed amount (e.g., $5,000–$8,000) regardless of sale price.
Do I need to pay an agent if I sell my HDB myself?
No. You can sell your HDB without an agent through HDB's resale portal. However, if the buyer has an agent, you may still be asked to pay a co-broking fee (typically 1%). If both buyer and seller have no agent, there is no commission at all.
How much commission on a $1M property?
At 2% commission, the seller pays $20,000. At 1%, it's $10,000. For a $1M new launch, the buyer pays $0 — the developer pays the agent 3–5% ($30K–$50K) from their marketing budget.
Related
- How Long to Sell an HDB — timeline for your HDB sale
- Sell HDB Buy Condo Timeline — the full upgrade journey
- Legal Fees for Property Purchase — another transaction cost to budget for
- Stamp Duty Calculator — calculate your purchase stamp duty
- Affordability Calculator
Last updated Feb 2026. Commission rates are market convention and negotiable. This is informational, not financial or legal advice.