Property agents may 'borrow' transactions to meet new requirement for registration renewal, despite the rules
Property agents in Singapore are reportedly 'borrowing' transactions from colleagues to meet a new regulatory requirement of three transactions every three years. This practice aims to help inactive agents maintain their registration, though experts warn it undermines the regulator's goal of ensuring professional competency.
Why it matters
It highlights potential loopholes in professional licensing regulations that could impact consumer protection and the quality of real estate advice.
From 2027, property agents must complete at least three transactions over three years, or pass a refresher examination, to be eligible for registration renewal.
HDB flats and condominiums in Singapore. (Photo: CNA/Raydza Rahman)
Erin Liam 11 Aug 2026 06:00AM Bookmark Bookmark Share WhatsApp Telegram Facebook Twitter Email LinkedIn Set CNA as your preferred source on Google Add CNA as a trusted source to help Google better understand and surface our content in search results. Read a summary of this article on FAST. Get bite-sized news via a new cards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FAST SINGAPORE: Some inactive property agents may “borrow” transactions from others to fulfil a new requirement that they must complete at least three transactions over three years to maintain their registration, some agents told CNA.
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