The Business Times
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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

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Fiona Lam

Fiona Lam

Published Thu, Jul 15, 2021 · 09:50 PM
    Growing competition

    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.

    Property agentsCouncil for Estate AgenciesSingapore propertyprivate home sales

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