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Good day to you.

In response to the first part of your question, the commission rate for leases under 1 year is equivalent to 0.5 months of the rental fee, whereas for leases under 2 years, it is 1 month of the rental fee, not including GST. Regarding the second part, homeowners participating in the Lease Buy-back Scheme may only rent out their bedrooms and must remain in the unit themselves.

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Agent commissions are negotiable with the specific agent you are working with. There are some market accepted norms but it all depends on your relationship with the agent as well as the value the agent can bring.

Feel free to reach out below for a further conversation!

Kay Cloud
The Harvard Educated Agent
Propnex Realty Pte Ltd
cloud@propnex.com
Tel: (+6.5.) 8.5.6.7.4.5.8.5
Whatsapp -> https://wa.me/6585674585 Read More

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way and for your case, you could only be allowed to rent out bedroom instead of the whole flat.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

For HDB rental, commission is usually a straightforward market-practice thing, not set by HDB. Typical patterns people follow:

• If landlord engages an agent and finds a tenant through that agent, landlord pays about one month’s rent for a two-year lease, or half a month for one year.
• If the tenant has an agent too, then each side usually pays their own agent.
• If you’re renting a room instead of whole unit, commission norms are similar but sometimes prorated depending on rent and lease period.

But it’s always negotiable. Some landlords and tenants agree on different structures, especially for shorter leases or if the agent didn’t do full service. Read More

Hi

Typically for rental,

1 month rental commission + GST for 24 month lease

Pro-rated according to lease period.

The lease buyback scheme you have to apply with HDB branch, agents can guide you through the process but cannot help you to apply.

https://www.hdb.gov.sg/residential/living-in-an-hdb-flat/for-our-seniors/monetising-your-flat-for-retirement/lease-buyback-scheme

These are the eligibility conditions.

Once you have signed up for LBS, you can no longer sell or rent out the whole flat.

What are your objectives in doing so? Typically most homeowners will sell in open market and downsize to potentially cash out more. The LBS option is for owners who must maintain their current place regardless of circumstances.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

May I have more info on your requirements so as to make better recommendations? Thanks and looking forward to chat more

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I would be glad to assist you.
Feel free to contact me at wa.me/6597100155
Hope to hear from you soon.
Pei Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd Read More

HDB under lease buy back scheme can only rent out bedrooms as the owners must physically live in the property itself. As for commission, the applicable rates are usually 0.5 month rent for every 1 year lease or part thereof. GST maybe applicable on the commission for agents who are from GST registered agencies. Read More

The commission process works a little differently for HDB rental transactions and when applying for the Lease Buyback Scheme (LBS), so here’s a simple breakdown for you.

For HDB Rentals:

The agent’s commission is usually payable upon successful completion of the rental, once the tenancy agreement has been signed and rent collected.

The common market practice is:
• One month’s rent for a 2-year lease, or
• Half a month’s rent for a 1-year lease
(plus GST if applicable).

This is typically paid by the landlord or tenant, depending on who the agent represents. The exact amount is always negotiable, depending on the level of service and scope of work involved.

For the Lease Buyback Scheme (LBS):

The LBS is a direct scheme managed by HDB, designed to help elderly homeowners unlock part of their flat’s value while continuing to stay in it.

Since the process is handled directly with HDB, there’s no agent commission involved.

However, some owners engage an agent to advise on eligibility, financial implications, or to explore alternative options such as right-sizing or open-market sale. In these cases, any service fee would be privately agreed upon between the owner and the agent.

In summary, HDB rental commissions follow market practice, while LBS transactions do not involve agent commissions unless advisory services are separately engaged.

Give me a call or Whatsapp and I will be very happy to assist you and answer any further enquiries.

Denise Tan
Propnex Realty Pte Ltd
Mobile : (+65) 9 7 6 9 1 6 9 9
Email : denisetan723@gmail.com
Whatsapp: wa.me/6597691699
Page: https://denisetanmajorkeys.com Read More

(✔1) Lease commission:

For leases under 1 year → 0.5 month’s rent (before GST)

For leases up to 2 years → 1 month’s rent (before GST)

(✔2) Lease Buy-back Scheme:
Homeowners can only rent out bedrooms and must continue living in the flat themselves.
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QUOTE OF THE DAY " In negotiations, the most important thing is not to win or lose, but to find a solution that is mutually beneficial." Read More