The Hidden Costs Of Property Selling: Unveiling The Real Cost Behind Agent Commissions In Singapore

Get The Property Insights Serious Buyers Read First: Join 50,000+ readers who rely on our weekly breakdowns of Singapore’s property market.

A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan's expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938's Open House programme underscores his commitment to providing valuable insights into the property market.
Hang around on forums or in coffee shops (or anywhere in Singapore really), and you’re bound to hear complaints about property agent commissions. A common impression is that realtors hike up their commissions for even “simple” jobs, like listing your property. But in reality, listing your property on a portal is way more expensive than most people imagine; and the cost of these listings may explain why agents need to charge so much more. We asked some agents about the costs they typically pay:
Property portals are more expensive than most people assume
We’re not going to name any specific portal here, lest we get into legal trouble. But we’re sure that, if you’ve ever bought or sold a property, you’ve visited a few of the bigger ones. Well, here’s how much they might pay, based on the rates of a popular local portal:
Package Types | Cheapest | Standard | Premium | Top-end business accounts |
Number of listings at once | 5 | 30 | 70 | 120 |
Cost of package | $1,412.64 | $4,415.04 | $8,519.04 | $20,399.04 |
The cost of the package is something that agents pay for every year. The more premium tiers also tend to include bonuses, such as the bigger or more images being allowed for the listing, or longer descriptions.
However, it’s not enough to just buy a package and put up a listing. As more listings pile onto the portal, your listing starts to fall from visibility. Think of it as how a post on Instagram, Reddit, or other such sites gets “buried” by newer posts, and the only way to keep it prominent is to have more likes, shares, etc.
On a property portal, there are no likes, shares, karma, etc., so agents need to pay to keep refreshing your listing. The more they pay, the more credits, tokens, coins, etc., they can spend to push your listing back to the top.
It’s this process of constantly refreshing your listing, and trying to keep it high on the list, that ends up being the bulk of the cost. We spoke to an agent, who showed us their typical spend for different listing types:
Rental Listing (HDB) Cost By Type
Type | Credits | Cost |
Boost | 130 credits per week | $70.20 |
Repost | 28 credits per day | $15.12 |
Promote | 0.7 prime per day | $49 |
Rental Listing (HDB) Cost By Period
Period | Credits | Cost |
Daily | 46.57 credits | $25.15 |
Weekly | 325.99 credits | $176.03 |
Monthly | 1397.1 credits | $754.43 |
Sale Listing (Sub Sale) Cost By Type
Type | Credits | Cost |
Boost | 205 credits per week | $110.70 |
Repost | 45 credits per day | $24.30 |
Promote | 1.6 prime per day | $112 |
Sale Listing (Sub Sale) Cost By Period
Period | Credits | Cost |
Daily | 74.28 credits | $40.11 |
Weekly | 520 credits | $280.80 |
Monthly | 2228.4 credits | $1,203.34 |
Sale Listing (Resale with lesser competition) Cost By Type
Type | Credits | Cost |
Boost | 90 credits per week | $48.60 |
Repost | 22 credits per day | $11.88 |
Promote | 1.6 prime per day | $112 |
Sale Listing (Resale with lesser competition) Cost By Period
Period | Credits | Cost |
Daily | 34.85 credits | $18.82 |
Weekly | 244 credits | $131.76 |
Monthly | 1045.5 credits | $564.57 |
Sale Listing (Resale HDB) Cost By Type
Type | Credits | Cost |
Boost | 140 credits per week | $75.60 |
Repost | 28 credits per week | $15.12 |
Promote | 1.1 prime per day | $77 |
Sale Listing (Resale HDB) Cost By Period
Period | Credits | Cost |
Daily | 48 credits | $25.92 |
Weekly | 336 credits | $181.44 |
Monthly | 1440 credits | $777.60 |
Without going into the details of boosts, reposts, etc., suffice it to say that these are used to increase the listing’s visibility. The more an agent spends on these, the more buyers are likely to see or even notice your listing.
Note the significant costs for even simple listings, like HDB rental listings
The numbers above don’t reflect a particularly aggressive marketing effort – this is perhaps somewhere in the middle, in terms of marketing spend.
More from Stacked
How To Buy A Condo? Stacked Asks: Timothy Ho From Dollars And Sense
Letting you know how much a condo costs is easy – the hard part is figuring out how to actually…
And yet, even something as simple as HDB flats for rental can rack up over $500 per week. For the sale listings, which reach over $915 per week, the agent told us this was for a resale with lower competition.
If there happens to be a lot of competition (e.g., you’re selling a sub-sale unit in a mega-development, where there may be hundreds of other listings in your project), the cost of this can climb much higher if you want to get your listing seen.
This is one of the reasons some agents dislike high-competition listings: sellers will not pay higher commissions (unless convinced by the agent that it’s necessary to compete), even though the agent must spend more to push the listing.
Property agents may not have a choice, even if portals are expensive
Many agents we spoke to have a love/hate relationship with property portals. Almost all of them concede that portals are the best way to find prospective buyers – this is now the “normal” way to browse property listings, whether they like it or not.
However, this leaves agents at the mercy of whatever the portals want to charge. In August 2019, for example, a leading portal was reported to have ramped up prices by a further 20 per cent, although the last price hike was two years before that.

Agents have no choice but to pay this, as most alternative methods like flyers, classified ads, and roadshows are still playing second-fiddle to the power of online searches. As for the alternative methods that do work, they tend to ramp up commissions even more.
One agent noted that in recent years:
“Making videos has become the next most viable way, and more agents are starting to do this; but the cost of making videos can include staging, can include videography, and it’s much more time consuming than just making a listing.”
As such, commissions can end up rising to three per cent or more (versus a norm of two per cent) – so the closest rival to the property portal is in fact more expensive. That doesn’t leave much room for commissions to come down.
Portals are also driving the market toward exclusive deals
If you don’t agree to work exclusively with one agent (i.e., you’ll pay the commission to any agent who happens to sell your property), the property portal system puts you at a disadvantage.
This is due to the risk that an agent may spend their credits refreshing your listing to the top, only to find someone else closes the deal and gets the commissions.
So when you don’t have an exclusive deal, it’s likely that every agent will just put your property on the backburner: they may put up your listing, but they won’t risk spending more credits to boost it. This is unlikely to be seen especially for higher competition listings, as most visitors to a portal won’t even click past the first two or three pages of searched results.
The cost of listings is one of the least visible factors to home sellers
It’s ironic that higher commissions can actually be easier to justify: when a property agent whips out all the bells and whistles, stages the house, and makes a professional video, sellers may not mind paying an extra percentage point or two in commissions. They can see the effort going into it.

However, almost no one is impressed by their realtor showing how frequently she boosted their listing. This is just more abstract, and sellers may not grasp that agents can spend close to a thousand dollars a week for something as basic as making their listing visible.
This may be a subtle reason we’re seeing a shift toward realtors going into video, even if it means higher fees for their clients. In any case, if you’re bothered by the kind of commissions you’re paying, you now know where a decent chunk of it goes.
For more on the Singapore property market and its ongoing issues, follow us on Stacked. You can also follow us for in-depth reviews of new and resale properties alike. If you’d like to get in touch for a more in-depth consultation, you can do so here.
Ryan J
A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan's expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938's Open House programme underscores his commitment to providing valuable insights into the property market.Read next from Property Market Commentary

Property Market Commentary 5 Ways Housing Shapes Singapore’s National Identity

Property Market Commentary 4 Condo Layouts And Features Buyers Are Moving Away From in 2025

Property Market Commentary 10 Most Affordable New Launch Condos Under $1.5 Million—Some Are Surprisingly Central

Property Market Commentary Why I Might Still Pay $1 Million For A 50-Year-Old HDB—Even If Everyone Says It’s A Bad Buy
Latest Posts

Property Advice The Ideal Size for Each Room of Your Condo to Actually Feel Liveable Revealed

Property Advice 5 Mistakes You Make When Comparing Condo Prices – Your ‘Good Deal’ Might Be Hiding a Secret

Pro District 7 vs District 9: Which Prime Location Has Delivered Better Condo Value?

Overseas Property Investing 4 Hidden Risks To Avoid When Buying Property In Malaysia (A Guide For Singaporeans)

Homeowner Stories I Bought a Freehold Property in Singapore and Regret It — Here’s the Big Mistake I Made

Editor's Pick We Toured A Rare Part Of Singapore Where Terrace Houses Are Bigger Than The Semi-Detached Units

Singapore Property News What Buyers Overlook When Purchasing Older Condos (Until It’s Too Late)

On The Market 5 Attractive Freehold Condos With Private Pools (Under $2M)

Editor's Pick Springleaf Residence Pricing Review: How It Compares To Nearby Resale And New Launches

Editor's Pick Springleaf Residence Review: A 941 Mega-Development Near The MRT From $1,995 Psf

Editor's Pick Summer Suites Condo Review: A Freehold Johor Bahru Condo Near The RTS Link

Pro New Launch vs Resale Condos in District 9: Which Bedroom Types Offer Better Value Today?

Editor's Pick Over 900 Units Sold in One Weekend: The Surprising Lessons From River Green, Promenade Peak & Canberra Crescent

Singapore Property News Is Property Decoupling To Avoid ABSD Now Illegal?

Editor's Pick I Visited Freehold Terraces, Semi-Ds, and Detached Homes in the East Ranging from $2.5 Million to $11 Million
