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Written Answer by Mr Tan Chuan-Jin, Minister for Manpower, to Parliamentary Question on Number of Persons Working as Real Estate Agents or Salespersons

Notice Paper No. 291 Of 2014 For The Sitting On 07 October 2014 Question No. 101 For Written Answer

MP: Mr Patrick Tay Teck Guan

To ask the Minister for Manpower for each of the years from 2004 to 2014 (a) how many people in the labour force are working as real estate agents or salespersons; and (b) what is the breakdown for such persons in terms of full-time employment, part-time employment, educational qualification, age, gender and nationality.

Answer

  1. From 2003 to 2013, less than 1% of employed residents were real estate agents (0.5% in 2003 and 0.9% in 2013). About eight in ten of resident real estate agents in 2013 were in full-time employment1, down from nine in ten in 2003.
  2. Similar to 2003, close to half of resident real estate agents were females in 2013. About two in three were aged forty and above, up from one in two in 2003. In terms of educational qualifications, about two in three had diploma or above education, up from two in five in 2003.
  3. Non-residents made up less than 1% of all real estate agents in 2003 and 2013.

1 Before 2009, full-time employment refers to employment where the normal hours of work is 30 hours or more in a week. From 2009 onwards, full-time employment refers to employment where the normal hours of work is 35 hours or more in a week.