What is the Best Way to Start a Real Estate Agency in Singapore? The Council for Estate Agencies is the government agency in Singapore that oversees the real estate agent business. ACEAS. With Singapore's thriving economy comes the need for a diverse range of housing options to accommodate the city-expanding state's labor market. Business owners, consultants, and others from all over the world require property, housing, and rentals all year. You must be licensed by the Council of Estate Agencies to operate as a real estate agency (CEA).
Any entity that performs real estate salesperson license Singapore agency work, whether through a RES or a digital platform, must get an estate agent (EA) license. The Key Executive Officer (KEO)-applicant must submit the license application.