Forgot your password?
or

Don't have an account? Create An Account

For agents interested in participating on SRX, please contact us at +65 6635 3388 or write to us at feedback@srx.com.sg

ON TRACK

Achieve the life you want, in the home you love
Property News03 Feb 2016

Century 21 Singapore joins SRX membership

The Business Times
Lynette Khoo

SRX Consortium C21

CENTURY 21 Singapore Holdings Pte Ltd (C21), together with its affiliates, has become a member of Singapore Real Estate Exchange (SRX), joining 14 other agencies that have already done so.

There are some 410 real estate agents registered under the C21 franchisees in Singapore after the latest licence renewal with the Council for Estate Agencies (CEA) - a significant jump from slightly more than 300 agents last year.

This increase in agent strength made it possible for C21 franchisees to join the SRX as a member, according to Century 21 Singapore CEO Ku Swee Yong, who is also key executive officer of International Property Advisor, a franchisee of Century 21 Singapore.

As a member of the SRX, salespersons of C21 can provide their clients with property information available on the SRX platform, including real-time sales and rental transaction data, as well as property listing technology on property portals and features unique to these portals.

According to the SRX, its members represent 80 per cent of Singapore's registered agents, 90 per cent of resale transactions, and much of new property sales. The other members are PropNex, HSR International Realtors, OrangeTee, DWG, ERA Realty, DTZ, C&H, Savills, RE/MAX, Huttons, Global Alliance Property, SLP, CBRE, and KF Property Network.

The membership criteria include a minimum number of transactions and exclusive listings that can be expected of a 500-man agency.

"The reason we consider agent count, transaction count, and exclusive listings is that the agency must be large enough to be statistically significant to the market," said SRX Property chief executive officer Sam Baker.

"In addition, each agency must have IT systems in place that can ensure the integrity and transmission of the data."


Original article was published on The Business Times

Like this article? Share it.
MY PROPERTY
TRACKER
The free, personalized advice, advocacy, and guidance for buying or renting property in Singapore
ON TRACK
Property News 19 January
Fight over defects at The Sail condo to be heard in court next month
A long-running dispute between the owners of The Sail@Marina Bay and City Developments Ltd (CDL) over numerous alleged defects in the high-end condominium project will finally be heard in court next month.
Property News 18 January
Hollandia, Balmoral Gardens put up for collective sale
Hollandia is up for sale at an indicative price of over $163 million, at a land rate of $1,515 per sq ft per plot ratio. Located in the Holland residential neighbourhood, the property is about 700m from Holland Village MRT station, and is close to Dempsey Hill and Holland Village.
Property News 16 January
Marina One and Duo Residences set to make big impact
The two eye-catching developments that have been built on sites that were part of a landmark pact between Singapore and Malaysia look poised to make a major impact on the commercial and residential property markets. Prime Ministers Lee Hsien Loong and Najib Razak declared the developments open on Monday evening, in a ceremony attended by a delegation of ministers from Singapore and Malaysia and about 300 guests.
Property News 17 January
Home buyers should not be swayed by the fear of missing out
When the government unexpectedly shortened the holding period for the Sellers Stamp Duty as well as lowered the rates in March 2017, some saw this as a prelude to easing the curbs.

These hopes were quickly dashed by Monetary Authority of Singapore (MAS) managing director Ravi Menon when he presented the central bank's annual report in June. He said the remaining cooling measureswere still necessary as underlying demand for private residential properties continues to be firm amid an environment of persistently low interest rates.

Contact Us