There is no standard in terms of how much commission is applicable, but the usual charges are half a month rent for every 12 months lease or part thereof. For GST registered agencies, GST will be applicable on the amount.
For example, for monthly rental at $2,000, any lease duration below 12 months, the commission applicable is $1,000 + GST, and it will be $2,000 + GST commission for lease period between 12 to 24 months.
Hope the above helps. If you are looking to market your property for rent, perhaps you may wish to furnish more details and expectations of your property available such that I am able to reach out to my network of more than 6,600 expatriates which I have built up over the past couple of years.
I can be connected via my mobile phone or email for private discussion as we are not alerted to any responses posted here.
We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us! Register at bit.ly/RealDealSG today.
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
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Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/
New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/
My self introductory video on https://youtu.be/6UfrCOCB6Mg
Regards,
Geryl LIM
Consultant - Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile:
+65-81577565
/+65-92787772
Email: geryl7772@gmail.com
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