PropNex vs ERA vs Huttons vs OrangeTee vs SRI: Singapore's Five Biggest Agencies Compared

Agents: CEA industry statistics. Active: share of each agency's registered salespersons with a CEA-recorded transaction in the 12 months to PropKaki's register copy of 10 Oct 2026. Founded and owners: the agencies' filings and releases and EdgeProp reports, read 6 Nov 2026 (sections 5 and 6).

Together the five hold 87.7% of Singapore's 36,816 agents. Size is the big difference between them; activity per agent is not.

Sources: CEA; PropNex's release of 13 Aug 2026 and SGX filings; APAC Realty's release of 3 Aug 2026; PropKaki's copy of CEA's records, 10 Oct 2026. Revenue is the listed company's: PropNex Limited's and APAC Realty's.

• History. ERA was founded in Singapore in 1982 and is APAC Realty's wholly owned subsidiary; APAC Realty holds ERA's master franchise for 17 countries and territories in Asia Pacific. PropNex was created in July 2000 as a partnership of five agencies, including Ismail Gafoor's Nooris Consultants, later merged into one.
• Abroad. PropNex has offices in Indonesia, Malaysia and Vietnam and names Cambodia and Australia among its markets; ERA's network spans 14 countries and territories, including Vietnam, Indonesia, Hong Kong, Japan, South Korea and Taiwan.
• Market share. PropNex says it handled 64.3% of transactions by volume in 1H2026, counting every deal it acted on for either side. That is PropNex's own measure, covering HDB resale, new launches and private resale; PropKaki found no comparable ERA figure.

What to compare for your own decision is in section 11.

The order of the five has shifted below PropNex and ERA:

Sources: CEA's top-ten tables (2021–2026) and EdgeProp's report of CEA's 2018 figures.

OrangeTee was third until Huttons passed it in 2021: EdgeProp reported in January 2022 that about 700 agents came to Huttons following the move of four Navis Living Group partners from OrangeTee. SRI grew from 290 agents in 2018 after Ken Low joined from Huttons. The moves are dated in teams that changed agencies.

PropKaki's copy of CEA's register and transaction record, as at 10 Oct 2026. A transaction is one agent's side of one deal, sales and rentals together; a room rental counts the same as a landed sale.

What the table cannot show: deal size. Agencies differ in their mix (PropNex's 1H2026 revenue included project marketing: S$238.4m of S$603.0m, by its own segment figures; Huttons began in project sales), so the same count can mean different commission. And an agency average says little about one agent: the median agent completes about two residential deals a year, by CEA's figures for 2023–2025.

At these five, the agent and the team matter more than the agency's average.

Sources: PropNex's SGX announcement of 15 Jul 2025; EdgeProp, 25 Apr 2022, 24 Feb 2025 and 28 Sep 2018; Realion's and OrangeTee's sites. Read 6 Nov 2026.

ERA's site says it was "the first real estate agency in Singapore to be listed on the Singapore Exchange", on 28 September 2017. Huttons calls itself "Singapore's Largest Private Real Estate Agency". SRI's Benson Koh said in 2021 that staying private lets it be "a lot more nimble".

Listing matters to an agent mainly as disclosure: PropNex and APAC Realty publish half-yearly results and their agent counts; the three private agencies publish no accounts.

• ERA (1982). Founded in Singapore in 1982; marked its 40th anniversary in April 2022. Joined forces with CBRE Realty Associates in September 2018.
• PropNex (2000). Ismail Gafoor and his wife started Nooris Consultants in 1996; PropNex was created in July 2000 as a partnership of five agencies, later merged into one entity. PropNex names Ismail Gafoor and Alan Lim as its co-founders. Merged with Dennis Wee Group in June 2017.
• OrangeTee & Tie (2000, 2017). OrangeTee was founded in February 2000. On 28 August 2017 it announced the merger of its agency with Edmund Tie & Co's to form OrangeTee & Tie, then "more than 4,000 agents". In February 2025 OrangeTee Group and ETC (formerly Edmund Tie) announced a merger under a new holding company, now Realion Group.
• Huttons (2002). Founded in 2002, specialising in project sales and marketing. Took in Savills Residential's project sales team in September 2020.
• SRI (2016). Bruce Lye and Benson Koh co-founded SRI5000 in 2010 as a division of SLP International, and set it up as its own agency, SRI, in 2016.

Sources: PropNex's and APAC Realty's SGX filings and releases; Huttons' release of 19 Jan 2026; EdgeProp, 20 Nov 2020, 19 Dec 2023, 1 Dec 2023, 9 Apr 2026 and 17 Sep 2026; ERA's agent portal. Read 6 Nov 2026.

Kelvin Fong founded PNG and Kevin Lim founded Preeminent Group, each among his agency's largest groups; Huttons said Rex Tan's own team, Rex Tan Division, had 2,650 agents when it appointed him Chief Agency Officer (19 Jan 2026). At OrangeTee's parent, Realion Group, Justin Quek, its deputy group CEO, has overseen the group since its group CEO began leaving in September 2026. What each title means is in what property agent titles mean.

Group sizes are the groups', agencies' or news reports' figures, dated; CEA records only the agency. Ladders: the glossary's side-by-side table.

Group figures overlap: some groups contain others, and the claims come from different years, so they cannot be added up to an agency total. PropNex's PNG, Huttons' Rex Tan Division and SRI's Ken Low Group have their own pages too. Each agency's groups, with dated sizes, are in Singapore's biggest agent groups; the five title ladders, in how agency title ladders compare.

Sources: PropNex's FY2025 AGM slides (23 Apr 2026) and 1H2026 release (13 Aug 2026); APAC Realty's FY2025 release (23 Feb 2026) and 1H2026 release (3 Aug 2026). Read 6 Nov 2026.

Most of an agency's revenue is commission it passes on to its agents, so revenue is not the agency's margin: PropNex reported a 1H2026 gross profit of S$63.9m on S$603.0m of revenue, and APAC Realty S$33.9m on S$329.3m. How the commission is shared is in how commission splits work at the big agencies. Huttons, OrangeTee and SRI publish no results.

What to compare, and where:

• The team. Its leader's own CEA record, its members' records, and its real size today: look the people up in the agent finder; the dated group claims are in the biggest agent groups.
• The money. The split, the fees and when commission is paid: how commission splits work.
• The ladder. How promotion works, and what each title needs: property agent titles.
• The agency. Registered salespersons and recorded deals on the agency pages.
• The questions. What to consider before joining an agency and how to switch agencies.

For the market as a whole, how many agents there are and how many are active, see how many property agents are in Singapore.

What we used.

• Agent counts: CEA's industry statistics for 1 January each year (2021–2026 from CEA's pages and their archived copies; 2018 from EdgeProp's report of CEA's figures), and the agencies' own counts where they publish them, each dated.
• Activity: PropKaki's copy of CEA's salesperson register joined to CEA's public transaction record, as at 10 Oct 2026, matched by agency licence number. A transaction is one agent's side of one deal, of any type.
• Owners, histories, leaders and results: PropNex's and APAC Realty's SGX filings and releases, the agencies' own releases and pages, and news reports (EdgeProp, The Straits Times via PropKaki's commentary), each read on 6 Nov 2026 and dated in the text.
• Groups and ladders: PropKaki's dated register of agent groups and its title glossary.

What we did not claim. We do not rank the agencies or say which is a better place to work or to hire an agent from. We show no agent's earnings and no agency's commission split, which none of the five publishes. Market-share figures are the agency's own and are labelled as such. Huttons', OrangeTee's and SRI's owners and accounts are not published beyond what is cited. If a fact here is out of date, tell us and we will correct it.

Read more about how PropKaki works with data on our methodology page. This page is for information only; it is not career, legal, investment or financial advice.