PropertyLimBrothers (PLB), a Singapore-based real estate agency, has seen the resignation of its CEO, Mr. Melvin Lim, and Vice-President of Strategy, Ms. Grayce Tan, effective immediately. The changes follow online rumors concerning the two executives. Marc Chan, the agency’s Vice-President of Operations, has been appointed interim chief executive.
Leadership Changes Follow Review
According to a company spokesperson, PLB completed an internal review following recent events. This review led to the leadership changes, with both Mr. Lim and Ms. Tan no longer listed as employees on the company website as of January 26th.
The company stated it is “reinforcing our workplace conduct policies and governance processes” to ensure clear professional boundaries. PLB declined to comment on the rumors themselves, but affirmed that business operations and client services would continue uninterrupted.
Rapid Growth and Social Media Presence
PLB has experienced significant growth since its founding. The agency has expanded from a two-person team to a 159-person operation, comprised of 90 creative agency staff and 69 realtors. In 2023, the firm reported revenue of almost $6.5 million.
The firm ranked seventh on the 2025 list of Singapore’s fastest-growing companies, recording an absolute growth rate of 1,569.73 per cent. PLB has also established a strong online presence, transacting over 1,200 properties in the last two years and maintaining a substantial social media following – with at least 79,000 YouTube subscribers and 38,700 Instagram followers.
Frequently Asked Questions
What positions did the departing executives hold?
Mr. Melvin Lim was the CEO of PropertyLimBrothers, and Ms. Grayce Tan was the Vice-President of Strategy.
What is PLB’s current revenue?
PLB reported a revenue of almost $6.5 million in 2023.
How many employees does PLB have?
PLB currently employs 159 people, with 90 in its creative agency and 69 realtors.
How might these leadership changes impact PLB’s future trajectory and its prominent position within Singapore’s competitive real estate market?
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