How to Start a Real Estate Agency in Singapore?

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Singapore Real Estate Market Growth

Singapore’s real estate market remains strong, driven by rising land sales and growing investor interest. With its strategic location and skilled workforce, the country attracts global buyers and businesses alike. Demand for residential and commercial spaces continues to rise, making property a popular investment. To register a real estate business in Singapore, agencies must be licensed by the Council of Estate Agencies (CEA); professionals must also be registered through a licensed agency to open a real estate business in Singapore.

Steps to Start a Real Estate Business in Singapore

Licensing Criteria for Real Estate Agencies

01

Must be registered with ACRA as a sole proprietorship, partnership, or private limited company.

02

Must appoint a qualified Key Executive Officer (KEO) with clean legal and financial records.

03

KEO must have passed CEHA/REA exam and possess 3+ years of experience.

04

KEO should have completed at least 30 property deals in the past 3 years.

01

Must be registered with ACRA as a sole proprietorship, partnership, or private limited company.

02

Must appoint a qualified Key Executive Officer (KEO) with clean legal and financial records.

03

KEO must have passed CEHA/REA exam and possess 3+ years of experience.

04

KEO should have completed at least 30 property deals in the past 3 years.

05

Agency or main staff must not hold or work for a licensed money-lending business.

06

Must have a valid Professional Indemnity Insurance covering the agency and all agents.

07

Required to maintain SOPs for operations, training, client data, and complaint handling.

08

Must issue estate agent ID cards to all practicing agents per CEA guidelines.

05

Agency or main staff must not hold or work for a licensed money-lending business.

06

Must have a valid Professional Indemnity Insurance covering the agency and all agents.

07

Required to maintain SOPs for operations, training, client data, and complaint handling.

08

Must issue estate agent ID cards to all practicing agents per CEA guidelines.

Criteria for Individual Real Estate Agent Registration

Getting Licensed: Steps, Fees, and Requirements for Real Estate Agencies

Application Steps and Procedure

The application must be submitted by the appointed Key Executive Officer (e.g. CEO, COO, MD).

Approval and License Issuance

License Fees

Agent registration:

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FAQs

To begin, you need to register your business with ACRA. You can choose from: Sole Proprietorship, Partnership, and Private Limited Company.

Yes, you must apply for an Estate Agent License from the Council for Estate Agencies (CEA). This applies to all business structures.

You need the company’s Business Profile from ACRA and the Key Executive Officer’s (KEO) qualification documents.

Register your company with ACRA and apply for a real estate agency license from CEA. Appoint a Key Executive Officer (KEO) who meets all qualification and compliance criteria.

A Key Executive Officer must be a senior partner or director with 3+ years’ experience and 30+ deals. They must be exam-qualified, not tied to other firms, and have no criminal or bankruptcy record.

Real estate agents represent buyers or sellers in property transactions, handle negotiations, and manage all related paperwork.

To start a real estate agency in Singapore, you must register with ACRA and apply for a license from the Council for Estate Agencies (CEA). Your key executive officer and agents must also meet specific qualification and experience criteria set by CEA.

High land costs and regulatory limits pose challenges for developers and investors.
At the same time, strong demand for mixed-use spaces and green buildings creates room for growth.

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