--- title: "PropertyLimBrothers CEO Melvin Lim, vice-president Grayce Tan resign; Marc Chan appointed interim CEO" type: "News" locale: "en" url: "https://longbridge.com/en/news/273982168.md" description: "PropertyLimBrothers (PLB) CEO Melvin Lim and vice-president Grayce Tan have resigned immediately amid online rumors. Marc Chan, the vice-president of operations, has been appointed as the interim CEO. The company stated that it has completed an internal review leading to these leadership changes and is reinforcing workplace conduct policies. PLB, founded in 2017, has grown significantly, ranking seventh in Singapore’s Fastest-Growing Companies 2025 list with a revenue of nearly $6.5 million in 2023." datetime: "2026-01-28T11:05:32.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/273982168.md) - [en](https://longbridge.com/en/news/273982168.md) - [zh-HK](https://longbridge.com/zh-HK/news/273982168.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/273982168.md) | [繁體中文](https://longbridge.com/zh-HK/news/273982168.md) # PropertyLimBrothers CEO Melvin Lim, vice-president Grayce Tan resign; Marc Chan appointed interim CEO The leadership changes followed online rumours surrounding PropertyLimBrothers CEO Melvin Lim (above) and vice-president of strategy Grayce Tan. SINGAPORE – Two senior executives at PropertyLimBrothers (PLB), a prominent real estate agency here, have resigned “with immediate effect”, with its vice-president of operations Marc Chan appointed the interim chief executive officer. This followed online rumours surrounding its CEO Melvin Lim and vice-president of strategy Grayce Tan. Checks by The Straits Times on PLB’s website on Jan 26 showed that neither Mr Lim nor Ms Tan were listed as employees. When asked about Mr Lim and Ms Tan, the company said it “has completed an internal review following recent events”. “Following the review, leadership changes have been implemented. The individuals concerned have resigned from their respective roles with immediate effect,” a company spokesperson said. “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.” Formed in 2017 by Mr Melvin Lim and Mr Adrian Lim, who met while training as prison officers, the agency differentiates itself from other real estate companies with its “robust media capabilities and widespread social media presence”, according to its website. It grew from a two-person team to a 159-strong operation with 90 in its creative agency arm and another 69 realtors in its realty arm, according to its website. The firm was ranked seventh in The Straits Times X Statista’s Singapore’s Fastest-Growing Companies 2025 list, with a revenue of almost $6.5 million in 2023. According to the list, the firm had an absolute growth rate of 1,569.73 per cent. PLB has transacted more than 1,200 properties in the last two years, according to the firm’s LinkedIn profile. Its YouTube channel has at least 79,000 subscribers and more than 4,800 videos. Also, its Instagram page has at least 38,700 followers. In comparison, PropNex – Singapore’s largest real estate agency – has at least 14,400 followers. Source: The Straits Times © SPH Media Limited. Permission required for reproduction Discover how to enjoy other premium articles here ## Related News & Research - [Chestertons taps RESAAS to power new global real estate referral platform](https://longbridge.com/en/news/281225880.md) - [09:35 ET42 Asset Management and MP Real Estate Capital Partner on CRE Mortgages](https://longbridge.com/en/news/281379530.md) - [Qualitas Real Estate Income Fund Posts Estimated NTA of $1.6093 per Unit](https://longbridge.com/en/news/281156355.md) - [ZAWYA: Al Junaidi Real Estate launches flexible payment plan for Altay Villas in Sharjah](https://longbridge.com/en/news/281496561.md) - [Estate agent lawsuit wipes almost £300m off Rightmove](https://longbridge.com/en/news/281389604.md)