Singapore housing agents reap bumper commissions in 2022 even as sales volume slows

REAL estate agents in Singapore enjoyed a banner year in 2022, earning bumper commissions on higher-priced housing sales even though deal volume was lower than in previous years. 

And at least one major agency saw its agents’ sales commissions for residential property deals surpassing that of past housing market peaks.

Fewer new projects were launched last year, but most experienced strong sales at pricing that set fresh benchmarks for their locations.