Top property agents bag lion's share of HDB resale transactions
Buyers, sellers favour established salespersons; nearly half of agent-facilitated transactions closed by the top 1,000
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Singapore
NEW entrants in Singapore's real estate agency scene may face "significant barriers" in improving their sales, especially in mature HDB towns, as a small proportion of the industry dominates the market.
The Institute of Real Estate and Urban Studies (IREUS) noted the "highly skewed" competitive landscape and uneven sales performance among individuals brokering transactions of resale flats.
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