Agent fees

The standard agency fee for renting a property is typically one month’s rent and is subjected to 8% SST. This fee is generally paid by the landlord, not the tenant. For tenancies lasting up to 3 years, the maximum commission allowed is 1.25 months of gross rental.  Key details regarding agency fees: Duration-Based Rates: Fees are regulated…

The seller pays a maximum of 3% of the purchase price as Agency Fee.  Agency fee is subject to 8% SST. Agency fee is payable upon sigining of SPA and payment of 10% deposit. The agency fee is borne by the seller.