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Contest questions for the 1/2018 issue

The Read & Win Contest for the 1/2018 issue of CEAnergy is now open till 30 April 2018, 11.59pm. You must be a CEAnergy subscriber to participate.

  1. Under the new application process for property agent registrations, how many days does CEA take to send a notification email to the registering property agent upon receiving a property agency’s request to initiate an application?
  2. Who is CEA partnering with for the SkillsFuture for Digital Workplace (SFDW) programme, tailored for real estate professionals?
  3. True or False: One of the changes to the Proximity Housing Grant (PHG) that took effect from 19 February 2018 was that families who buy a HDB resale flat to live near their parents or children will enjoy a PHG of $30,000.

Answer all the questions correctly in our online contest and you could win $30 worth of shopping vouchers! By participating in this contest, you are deemed to have agreed to our contest rules and regulations.

Hint: All answers can be found in this issue’s articles.

CEAnergy 4/2017 issue Read & Win Contest Answers and Winners

Here are the answers to our Read & Win Contest in the 4/2017 issue!

  1. Name one of the three factors that is critical for the real estate agency industry to stay ahead.

    Answer:

    1. Increase value-add of services;
    2. Increase productivity; or
    3. Raise professionalism and consumer trust
  2. Which of these statements are true? (You may select more than one)
    • A property agent can represent both seller and buyer for the same transaction.
    • Property agencies are required to provide consumers with a written advisory message stating that they must conduct due diligence when buying foreign properties.
    • Consumers are free to negotiate a property agent’s commission rates before the agent starts work. The agreed commission rate should then be documented and subsequently honoured when the agent has facilitated the transaction successfully.
    • It is compulsory to engage a property agent for property transactions.
  3. Name the form that property agents have to get their clients to fill in and sign for every property transaction, as part of their efforts to combat money laundering and terrorism financing.

    Answer: Customer's Particulars Form

Congratulations to our four winners:

  • Siow Sng Sian R043911A
  • Olivia Seow Wen R058578I
  • Tiong Kwong Yi, Edward SXXXX113Z
  • Ng Wenhui R009778D