The real estate agent industry just had its biggest regulatory update in years, with the Council for Estate Agencies (CEA) – the statutory board regulating property agents and agencies – confirming three major changes. A broader package of other changes is currently being studied as well. The latest changes and proposals under review were announced by Sun Xueling, Senior Minister of State for National Development and Senior Minister of State for Transport, at the Singapore Institute of Estate Agents (SIEA) Conference on July 28. Underpinning these changes are the government’s three key objectives for the real estate agency industry, namely: raising professional standards, enhancing transparency, and giving consumers greater clarity and choice, according to Sun. Here’s what we know about the changes so far: Three Confirmed Upcoming Changes Impacting Property Agents

1. Property agent registrations will now last three years instead of one year

From 1st January 2027, property agency licences and property agent registrations will be valid...