FREQUENTLY ASKED QUESTIONS
What are the typical costs associated with hiring a real estate agent in Singapore?
Real estate agent commissions in Singapore usually range from 1% to 3% of the property transaction value. Discuss the rates with your chosen agent to clarify any specifics. Call us today to find out more!
Can foreigners buy property in Singapore?
Yes, foreigners can buy property in Singapore, but there are certain restrictions and additional stamp duties. It’s recommended to understand these regulations and seek professional advice.
What are the property taxes in Singapore?
Property taxes include the Annual Value (AV) and property tax rates. The AV is determined by the Inland Revenue Authority of Singapore (IRAS), and rates vary based on the property’s use.
How do I choose the right real estate agent in Singapore?
Choose an agent based on their experience, track record, knowledge of the local market, and client reviews. Ensure they are licensed by the Council for Estate Agencies (CEA) for added professionalism.