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Supporting Minimum Transactions: Raising Professional Standards

Published July 28, 2026 at 8:02 AM UTC

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The new requirement for property agents to complete at least three transactions over three years before renewing their licences is a necessary step toward higher professionalism in Singapore's real estate market. The Council for Estate Agencies (CEA) has long sought to weed out agents who are inactive or not keeping up with industry practices. By setting a clear benchmark, the policy ensures that only those who are actively engaged in transactions and familiar with current market dynamics remain licensed. This benefits consumers, who can trust that their agent has recent, relevant experience. For the industry, it reduces the number of agents who merely hold a licence without practicing, which can dilute overall service quality. The refresher exam for those who fall short also provides a safety net, allowing committed agents to catch up. Overall, this rule aligns with Singapore's broader push for higher standards in professional services.