Typical fees incurred in selling a property will be:
1) 2% commission based on selling price (7% GST is applicable on the commission)
2) Administrative fees for discharging your existing mortgage loan
3) Legal fees
Seller's Stamp Duty is applicable if you are selling it under 4 years from your purchase (date you exercise the Sales and Purchase Agreement/Option To Purchase to the date your buyer exercises the Option To Purchase).
Depending on your home loan and the involvement of CPF, legal fees may also vary. I am working very closely with a conveyancing broker where I have noticed that the legal fees are very competitive for consumers and most of my clients have no issues in engaging the lawyers introduced by him.
Let me know if you have any other concerns or questions? We can meet up to discuss more in details.
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Real Estate Director
Global Alliance Property (L3010679B)
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Typical expenses for private property sale will be as following:
1) Approx $2.5k.
2) Agent commission 2% of sale price
3) seller's stamp duty if applicable
4) penalty if early redemption for loan
Normally I will recommend the law firm with the cheapest legal fee. Why pay more when all the law firms all doing the same stuffs?
Do share more with me so I will be in a better position to advise and assist you.
Hope to hear from you soon!
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727
(M): +65 9111 5171
Typical costs are
2% commission on the sale price+GST
Legal fees (sale side)
Bank admin fees
Seller's stamp duty if still within 4 year holding period.
We can make some recommendations for law firm or you can appoint your own. Typical legal fees are around 3k. Thanks and hope to value-add to your housing plans further.
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Contact: (+65) 97432395
CEA Registration Number: R052114D
ERA Realty Network: L3002382K
Facebook Page: www.facebook.com/ASAProp
Yes you need to pay :
1. commission of 1 to 2% of the selling price, + GST
2. Legal fee of around $2.5k
3. Admin fee to bank, if you are terminating the loan
4. possible penalty for terminating loan
5. depending on how long have you had the property, possible SSD
If you do not already have your own lawyer, the agent can help recommend one.
Do feel free to write or call me if you need more info.
DTZ Property Network Pte Ltd
tel (+65)9169 5023
I am Bryan from ERA. Agent commission is 2% plus GST. Other cost are the legal fees usually below 3K, bank admin fees and seller stamp duty if you are selling within 4 years holding period. I will be able market your property and arrange the law firm for you and ensure that transaction go through smoothly.
Feel free to contact me at 86912345 Call /SMS / Whatsapp if you need any assistance.
Thank you and have a nice day.
ERA Marketing Director
To motivate and sell fast, generally 2% commission of the transacted price. I can recommend a lawyer to you once there is an offer.
To assist and advise you more in details, kindly drop me an email for me to share.
I am contactable at my mobile or email.
The typical fee incurred when selling property are :
1. 2% commission of the selling price (inclusive of GST)
2. Legal fee which would be $2.5k-$3k
3. Possible admin fee or penalty fee to bank (subject to your bank loan package)
4. Seller Stamp Duty if you are selling within the 4 years period. Percentage would depend on which year you are in.
Do feel free to contact me for further discussion. Thank you and have a nice day!
My charges are 1% commission for exclusive selling rights to your property or 2% for open listing .
Hp 8333 3327
I would love to assist in marketing your unit for sale. Yes we will arrange all the necessary from marketing, to qualifying, viewing and completion of sale for your current house.
Look forward to hear from you should I can be of assistant to you.
I am contactable via 91442664