Singapore property agents must complete at least three transactions within any three-year period to be eligible for license renewal starting in 2027 [1].
The new mandate aims to ensure professional competence across the real estate sector. By tying licensing to active practice or proven knowledge, the government intends to raise industry standards and eliminate stagnant certifications [2].
Senior Minister of State for National Development Sun Xueling said the policy at the Singapore Estate Agents Conference. The Council for Estate Agencies (CEA) will implement the requirement as part of a broader industry review [1], [3].
Agents who do not meet the minimum threshold of three transactions in three years [1] will not be automatically disqualified. Instead, these individuals must pass a refresher examination to prove their professional proficiency before their licenses can be renewed [2].
Alongside this requirement, the CEA is changing the administrative cycle for practitioners. The validity period for licenses and registrations will be extended from one year to three years [1]. This shift reduces the frequency of renewals while increasing the scrutiny on the agent's activity level during that window.
The policy represents a shift toward a performance-based regulatory framework. The CEA said the measures are designed to maintain the quality of service provided to the public and ensure that agents remain current with market trends and regulations [2].
“Property agents must complete at least three transactions within any three-year period.”
This policy shift signals a move by Singapore to professionalize the real estate industry by removing 'dormant' license holders. By requiring either active transaction history or a successful exam, the CEA is ensuring that only those with current market experience or up-to-date theoretical knowledge can practice. The extension of license validity to three years balances this stricter requirement by reducing the annual bureaucratic burden on active agents.
