Discuss about where to live, renting a property, tenancy issues, property trend and property investment in Singapore.
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macaroonie
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by macaroonie » Fri, 03 Aug 2012 11:23 am
Quick question, is there 7% GST on an agent's commission?
Thanks
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nakatago
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by nakatago » Fri, 03 Aug 2012 11:28 am
macaroonie wrote:Quick question, is there 7% GST on an agent's commission?
Thanks
I haven't checked lately, but yes.
"A quokka is what would happen if there was an anime about kangaroos."
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sundaymorningstaple
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by sundaymorningstaple » Fri, 03 Aug 2012 1:39 pm
Depends if the agent is self employed or part of a real estate firm that is GST registered.
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers
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macaroonie
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by macaroonie » Fri, 03 Aug 2012 2:27 pm
They work for a registered real estate company
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scotty12
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by scotty12 » Wed, 05 Sep 2012 4:19 pm
Technically yes, but negotiate a flat rate with your agent. For one year lease they typically ask for half a months rent in commission - I negotiated 40% flat fee both times
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Property agent does not show up, still asking for commission
Replies: 13
First post
Hello,
Recently I posted my property for rental online, indicating direct owner and not budgeted for agent commission, indirectly gives tenant more...
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That's true, even if the bark is worse than the bite, the bark is usually enough for locals.
- 13 Replies
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Last post by Lisafuller
Fri, 28 Jul 2023 12:35 am
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GST going up...to 9%
Replies: 24
First post
What are your thoughts? Looks like cost of living looking to go up as well almost everything has GST. ](*,)
Last post
Not a good timing, times are bad and we're still in the pandemic...or soon-to-be endemic.
Seems like gov is finally transitioning to an endemic...
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Last post by Lisafuller
Tue, 22 Feb 2022 12:57 am
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Buying items from Malaysia - GST in Singapore
Replies: 4
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Anyone can clarify, for grocery items bought in Malaysia, would one need to declare in Singapore's customs? Came across this article in CNA.
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I wonder does anyone really declare to the custom if he/she had just done $150 of grocery shopping from Johor Bahru?
Curious :-k
The amount...
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Last post by Pal
Mon, 20 Nov 2023 12:21 am
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Can agent represent tenant and landlord?
Replies: 7
First post
I used an agent to find and act as my agent a few years ago and to trigger renewal several times. Still in same place.
Now it seems they are acting...
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the easy way to tell the agent represent which side is, the last contract who paid the commission.
If you and the landlord, both side paying to the...
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- 10948 Views
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Last post by therat
Tue, 02 Aug 2022 9:48 am
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My Nightmare Experience with a Property Agent
Replies: 12
First post
It all started in January 2020 when I was searching for new rental place in the Newton area. I had gone to meet someone called Daniel at L'Viv condo...
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Hi Lisa,
They offered to return a total of $2683 back to me. This was from a deposit a 5600 so total deductions of just over 3000 sgd. In the end I...
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Last post by Lisafuller
Sat, 25 Mar 2023 3:16 am
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