{"id":102738,"date":"2019-01-07T10:57:57","date_gmt":"2019-01-07T03:57:57","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-of-agents-past-hdb-resale-transactions-now-available-online\/"},"modified":"2019-01-07T11:04:15","modified_gmt":"2019-01-07T04:04:15","slug":"record-of-agents-past-hdb-resale-transactions-now-available-online","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-of-agents-past-hdb-resale-transactions-now-available-online\/","title":{"rendered":"Record of agents\u2019 past HDB resale transactions now available online"},"content":{"rendered":"


\nThe data shows the track record of agents and how active they are in transacting HDB flats.
\nThose keen to buy or sell HDB flats can now check the track record of their property agent online, after the Council for Estate Agencies (CEA) launched the first phase of the Property Agents\u2019 Transaction Records Initiative on Friday (4 Jan).
\nWith this, consumers can now view at the CEA Public Register details of completed HDB resale transactions per property agent over the last two years. Data includes the transaction completion date, the general location of the HDB flat, and whether the agent represented the buyer or seller.
\nMore: Do I Need An Agent To Buy A Unit?
\nAccording to ERA\u2019s Key Executive Officer Eugene Lim, the database will help people choose which property agent to engage for their resale HDB deals, as it shows the track record of agents and how active they are in transacting such properties.
\n\u201cThis move did not come as a surprise for ERA. We have been preparing our agents well in advance for more information transparency in line with the rollout of the Real Estate Industry Transformation Map (REITM),\u201d Lim said.
\nIn fact, via a portal, ERA has been assisting clients find the best property agent by enabling them to view customer reviews, past transactions statistics, awards and trainings of each ERA agent.
\n\u201cSo our agents are no strangers to have their track record and customer reviews made available for public view.\u00a0 In fact, they see the value in it to help them build their business and rapport,\u201d noted, Lim, adding that they will be working closely with CEA to implement Phase 2 of the initiative, which will cover private residential transactions.
\nMeanwhile, CEA revealed that the number of registered property agents in Singapore increased from 28,571 on 1 January 2018 to 29,146 during the same period this year. However, the total number of licensed property agencies fell from 1,269 to 1,229.
\nIn particular, PropNex Realty emerged as Singapore\u2019s largest property agency with a headcount of 7,400. This was followed by ERA Realty Network (6,490) and OrangeTee & Tie (4,056). Completing the top five are Huttons Asia (3,067) and Savills Residential (672).
\n\u201cNotwithstanding a slight increase in the number of registered property agents compared to the same time last year, the industry continues to face a challenging road ahead with rising consumer expectations and technological disruption. In order to remain relevant, it is vital that the real estate agency industry keeps up its efforts to transform itself and enhance its professionalism,\u201d noted Chia I-Ling, director for policy and licensing at CEA.
\nAre you in the market and looking for an agent to help source relevant homes to buy? Why not find one in our\u00a0agent directory?
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Record of agents\u2019 past HDB resale transactions now available online<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The data shows the track record of agents and how active they are in transacting...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-102738","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qJ4","jetpack-related-posts":[{"id":121837,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-agents-complete-record-of-residential-property-transactions-now-available-online\/","url_meta":{"origin":102738,"position":0},"title":"Property agents\u2019 complete record of residential property transactions now available online","date":"September 6, 2021","format":false,"excerpt":"\r The public can view the records of all property agents\u2019 transactions on the CEA\u2019s public register. Consumers can now view the complete record of all residential property transactions facilitated by property agents within the last 24 months. These records, which come under the Property Agents\u2019 Transaction Records Initiative, may\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/09\/Property-agents-resized.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":119937,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-buyers-willing-to-pay-extra-cash-for-hdb-resale-flats\/","url_meta":{"origin":102738,"position":1},"title":"More buyers willing to pay extra cash for HDB resale flats","date":"January 29, 2021","format":false,"excerpt":"\r One of the factors\u00a0causing the higher demand and premium prices of resale HDB flats include buyers\u2019 desire for a larger living space following the experience during the circuit breaker.\u00a0 Property agents has observed a growing number of buyers who are willing to pay extra cash on top of actual\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/01\/HDB-prices.jpg?fit=840%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":122742,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-resale-prices-transactions-up-in-q3\/","url_meta":{"origin":102738,"position":2},"title":"HDB resale prices, transactions up in Q3","date":"October 22, 2021","format":false,"excerpt":"\r Quarter-on-quarter, Q3 2021 HDB resale prices\u00a0increased\u00a02.9% while\u00a0transaction volumes increased 19.4%. Resale prices for Housing and Development Board (HDB) flats rose 2.9% in the third quarter of 2021, moderating from the 3% increase registered in the previous quarter, showed HDB data on Friday (22 October). Nonetheless, it is still slightly\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/Pine-Close-HDB-flat-crop.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":72659,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/temporary-blip-in-hdb-resale-transactions-dwindling-first-timer-demand\/","url_meta":{"origin":102738,"position":3},"title":"Temporary blip in HDB resale transactions, dwindling first-timer demand","date":"November 23, 2017","format":false,"excerpt":"\r View of HDB flats in the Ghim Moh area. (Photo: Chen Siyuan: Wikimedia Commons) The latest data showed a 0.7 percent drop in HDB resale prices in Q3 as compared to the previous quarter. We investigate some reasons for this. By Hock Meng Tay The latest HDB resale data\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/11\/GuruView-1024x281.png?fit=1024%2C281&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":113849,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-resale-transaction-up-2-7-in-2019\/","url_meta":{"origin":102738,"position":4},"title":"HDB resale transaction up 2.7% in 2019","date":"January 24, 2020","format":false,"excerpt":"\r Resale flat prices also rose 0.5% quarter-on-quarter.\u00a0 There were 23,714 resale flat transactions in 2019, the highest in 7 years. This figure is also 2.7% higher compared to 2018, where there were 23,099 transactions, based on HDB\u2019s Q4 2019 public housing data.\u00a0 On a quarterly basis, resale transactions increased\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69538,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/faster-hdb-resale-process-by-2018\/","url_meta":{"origin":102738,"position":5},"title":"Faster HDB resale process by 2018","date":"October 20, 2017","format":false,"excerpt":"\r The Housing Board announced on Thursday (19 October) that they plan to launch a new website that will significantly expedite the selling and buying of HDB resale flats. At present, an HDB resale transaction usually takes about 16 weeks to complete, where both parties need to fulfil two appointments\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102738"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=102738"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102738\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}