AskGuru Q&A Community

Hi Winston,

For private property transaction, buyers are not required to pay a commission as the seller's agent will be sharing his or her commission with the buyer's agent. This is in accordance to market practice, but if you feel that the agent did a very good job and secure the unit for you at a good price, you are free to pay him or her as well.

It is good to engage an agent to assist you in your purchase so that your interests is being safeguarded. Please feel free to contact me if you need further assistance.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

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Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

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Mr and Mrs Chan (Sold and Bought a property through Nick)

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Mr & Mrs Wong (Property Seller)

“Nick from Property Avenue has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Hi Winson,

That's a no for private or commercial property transactions; however if you got an agent to represent you for a HDB purchase, you'd have to pay agent fees.

Feel free to contact me at your convenience, and we can carry on from there.

Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602  Read More

Hi Wilson
For hdb, 1% buyer agent commission applies. For pte properties, no caommission is payable. Having an agent can act on your b interest and help you to analysjs the market better. You may wish to contact me at 91442664  for a detailed discussion.
Tricia Tan 91442664  a Read More

Hi, for HDB cases, then yes it is 1% with gst. For private property, then it is a no.

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

Good afternoon Winson,

Well it depends which type of housing you are purchasing.

If you are buying a resale HDB, you will have to pay me 1% of purchase price plus 7% GST.

As for private purchase, usually I will obtain my share from seller's agent or developer.

Hope my sharing is beneficial to your property purchase.

May I know how can I continue to value add in this purchase?

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com Read More

Hi

For your enquiries

Pls whatsapp to HP 8 2 7 9 - 8 3 2 7 to disccues further.
For your properties matters. Rent . Sales . Etc
HAVE A GOOD DAY AHEAD !

Thank you

Koh zhen hon
ORANGETEE & TIE PTE LTD

Salesperson licence No.R057810C
Estate Agent Licence No. L3009250K

430 Lorong 6 Toa Payoh #01-01
OrangeTee Building Singapore 319402 Read More

HDB Transactions:
When purchasing an HDB (Housing and Development Board) flat, a 1% buyer’s agent commission applies. This means that if you engage a property agent to assist you in buying an HDB flat, you’ll need to pay them a commission equivalent to 1% of the transaction price.
Having an agent can be beneficial as they can represent your interests, guide you through the process, and provide valuable insights into the market.
Private Properties (Condos, etc.):
For private properties (such as condos), there is typically no buyer’s agent commission payable. Buyers do not need to pay a commission to their agent when purchasing private properties.
However, even in private property transactions, having an agent can still be advantageous. They can help analyze the market, negotiate on your behalf, and provide professional advice.
Remember that whether you choose to engage an agent or not, it’s essential to make informed decisions based on your specific needs and preferences. Read More