PropertyLimBrothers executives resign following internal review amid speculation

Two senior executives at PropertyLimBrothers (PLB), Melvin Lim and Grayce Tan, have officially resigned from their roles “with immediate effect,” the company confirmed. 

The announcement follows an internal review by the real estate agency, and comes in the wake of widespread online speculation regarding the pair’s alleged misconduct.

In a statement carried by The Straits Times, PLB said, “Following the review, leadership changes have been implemented. The individuals concerned have resigned from their respective roles with immediate effect.”

Marc Chan, vice-president of operations at PLB, has been appointed interim chief executive officer.

The firm added, “We are in the midst of reinforcing our workplace conduct policies and governance processes to reaffirm clear professional boundaries and standards across the organisation. We will not comment on rumours or speculation. Our business operations and client services continue as usual.”

Both Lim and Tan were no longer listed as employees on PLB’s website and had their profiles removed since a few days ago.

The resignations follow the circulation of videos and screenshots online that led to public scrutiny and speculation about the nature of Lim and Tan’s relationship.

One widely circulated clip showed a group of individuals attempting to look into a closed office door where sounds resembling moans could be heard. Another clip showed Lim and Tan leaving the office room, with Lim appearing to lock the door behind him.

Speculation intensified due to their marital status — both are married, though not to each other. Lim is a father of four.

The incident also prompted both Lim and Tan to set their Instagram accounts to private. Their LinkedIn profiles and biographies on the PLB website were taken down shortly thereafter. PLB also restricted comments on its official social media pages.

Screenshots of a message purportedly sent by Lim to internal staff were also circulated.

In the message, Lim referred to a “personal mistake” and acknowledged that he had “crossed boundaries,” stating that he would take time away to focus on his family. He also indicated that both he and Tan would be stepping down from their leadership roles to allow the company to move forward without distraction.

Lim co-founded PLB in 2017 with Adrian Lim, a fellow former prison officer. The company grew significantly under their leadership, distinguishing itself through digital marketing and media-centric property content, particularly on YouTube and Instagram.

According to PLB’s website, the company now comprises 159 team members, with 90 in its in-house creative agency and 69 realtors in its realty arm. PLB’s media efforts have garnered significant attention — its YouTube channel has over 79,000 subscribers and more than 4,800 videos. On Instagram, it has at least 38,700 followers, surpassing that of Singapore’s largest real estate agency, PropNex.

PLB’s growth has also been recognised in The Straits Times X Statista list of Singapore’s Fastest-Growing Companies 2025, where it ranked seventh.

The firm reported revenue of nearly S$6.5 million in 2023, with an absolute growth rate of over 1,500 per cent. On LinkedIn, the company states that it has transacted more than 1,200 properties in the past two years.

The public nature of the allegations has cast a spotlight on the firm’s internal culture, particularly as Lim had previously spoken at length about PLB’s values-driven leadership and Christian-inspired ethos. In a now-deleted Salt&Light article, Lim was portrayed as having dedicated the company to God, promoting transparency, servant leadership, and a workplace built on trust and empathy.