How much commision do I have to pay to the housing agent for apartment or room rental?
Rental of HDB Flats and Rooms Landlord – One month’s gross rental for lease between 12 months to 24 months, and an additional half a month’s gross rental for every subsequent 12 months’ lease or less. – Half of a month’s gross rental for less than 12 month’s lease. Tenant – Half of a month’s gross rental for less than 12 month’s lease. – One month’s gross rental for lease between 12 months to 24 months. For other properties Landlord: – One month’s gross rental for lease between 12 months to 24 months, and an additional half a month’s gross rental for every subsequent 12 months’ lease or less. – Half of a month’s gross rental for less than 12 month’s lease. Tenant – Half of a month’s gross rental, only if monthly rental is less than $2,500 Please refer to the Institute of Estate Agents website at www.iea.org.sg for IEA’s recommended commission guidelines on lease of Housing and Development Board (HDB) rooms / flats, private apartments. Direct pdf download link here. The issue of c
