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Property agents' share of pie shrinks as their ranks swell further

Robust property prices likely attracted more to agency business but that increases competition: analyst

Fiona Lam

Published Fri, Jul 16, 2021 · 05:50 AM

Singapore

THE total number of property agents in Singapore continued to rise last year, although on average they appeared to be closing fewer sales each.

This came as some agents looked to diversify their income streams, such as by shifting their focus towards rental properties, said the Institute of Real Estate and Urban Studies (IREUS) at the National University of Singapore.

KEYWORDS IN THIS ARTICLE

Council for Estate Agencies

Singapore property

private home sales

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Property

Property agents' share of pie shrinks as their ranks swell further

Fiona Lam

KEYWORDS IN THIS ARTICLE

Property

Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters

Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up

Country Garden plans to present debt revamp plan in H2, sources say

Hong Kong home prices rise for first time in 11 months after curbs scrapped

HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand

Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%

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