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Property Agents
Ex-property agent gets 24 weeks’ jail for forgery
A former property agent has been sentenced to 24 weeks’ jail for forgery, cheating and counterfeiting stamp certificates. Andrew Sng Chin Lee, 43, who was an estate agent with HSR International Realtors, pleaded guilty to four charges under the Stamp Duties Act. The father-of-three was also guilty of another three charges of cheating and forgery. … Continue reading
Authorities checking on property agents who evade stamp duty
Channel NewsAsia understands authorities are conducting spot checks on at least seven property developers to find out if they have backdated their documents. It has been about a week since the latest round of property cooling measures kicked in. Among the changes is an increase in Additional Buyer’s Stamp Duty of five to seven percentage … Continue reading
Unregistered salesperson fined S$21,000 under Estate Agents Act
An unregistered salesperson who posted flyers in public places was fined S$21,000 on Wednesday. He was charged under the Estate Agents Act. The Council for Estate Agencies (CEA) charged 59-year-old Lum Chap Heng in court on 14 November for posting flyers carrying his mobile number to advertise for landlords and tenants. Lum also represented a … Continue reading
Real estate industry is dynamic, changes have only just started: Khaw
National Development Minister Khaw Boon Wan said the transformation of the real estate industry has only just begun. He said what used to be regarded as a “cowboy” industry is now characterised by a more systematic and professional process of proper registration and licensing of property agents by the Council of Estate Agencies (CEA). He … Continue reading
80% of customers satisfied with their property agents: survey
The first Public Perception Survey by the Council for Estate Agencies (CEA) has found that most consumers are satisfied with their property agents. Eight out of 10 said they were satisfied with the conduct and services provided. Seven out of 10 planned to recommend their agents to others. Top of the list was service excellence … Continue reading
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