Property agents

NEWS ANALYSIS

Property agents bought up to 20% of some new condo launches: did ‘first dibs’ buying heighten Fomo?

Such activity does not breach regulations, but some in the industry are concerned that it crowds out the public

Do agents contribute to raising the anxiety of potential buyers that home prices will rise further?

Making property agents do better by consumers

Can more be done to make property agents serve home buyers better? Prof Sing Tien Foo of NUS joins senior correspondent Leslie Yee to discuss the property agency business.

The collaborative effort is acknowledged by Minister for Education and Minister-in-Charge of Social Services Integration Desmond Lee (front row, in blue), who says that it is "wonderful to see this partnership of organisations".

OCBC brings together property agents and staff volunteers to clean seniors’ homes

The collaboration marks the first time a bank has partnered property agents for a community service outreach effort

CEA is currently investigating other property agents who facilitated transactions of properties connected to the 2023 money laundering case.

Two property agents fined for due diligence lapses in S$3 billion money laundering case 

One faces S$5,000 fine over an industrial property purchase, and the other has been fined S$2,000 for a commercial property transaction

Adam Wang, president of SEAA, says the Singapore Institute of Estate Agents will enable real estate agents and agencies to “collectively raise the standard and reputation” of the profession in Singapore.

Record-high satisfaction with property agents, but rising expectations on advice, compliance: CEA survey

Findings have been revealed at an industry event, where plans for the merger of two major real estate bodies and the launch of a new multi-listing system for agents are announced

Property agents can ride on the strong demand for new condo units.
THE LEVEL GROUND

Who wants to be a property agent? Rewards could outweigh risks

The number of agents at the start of 2025 is up by 5,659 or 19%, from 30,399 at the beginning of 2021

PropNex’s market share in private new sales and resale has surpassed pre-pandemic levels by a “significant” margin.
BROKERS’ TAKE

DBS upgrades PropNex to a ‘buy’ rating, lifts target price on expected ‘rebound’ in property market

The research team believes its earnings are at an ‘inflexion point’ amid a forecast property market rebound

Is technology a boon or bane for property agents?

PropertyBT: Are property agents still relevant - Insights from OrangeTee’s CEO

Do property agents add value to buyers and sellers of homes in Singapore? Senior correspondent Leslie Yee gets insights from Justin Quek, CEO of OrangeTee & Tie.

The review was prompted by concerns that property agents who do not facilitate transactions regularly could pose a potential risk.

CEA considering minimum transaction condition for property agents to renew licence

THE Council for Estate Agencies (CEA) is assessing whether property agents should be required to facilitate a minimum number of transactions in order to renew their licence.

Veteran property agent Nicole Teo spent close to $50,000 in 2023 on advertising and listing fees – more than double what she paid a decade ago.

Property agents in Singapore grapple with rising costs amid fierce competition

IN SINGAPORE’S fiercely competitive property market, success comes with a hefty price tag.