Datuk Lim Poh Yit (“Datuk Lim”) (male) (Malaysian) aged 40, is the Group Managing Director and was appointed to the Board on 28 August 2012. Datuk Lim, who was redesignated as the Group Managing Director in March 2021, is also a member of the Remuneration Committee of the Company.
Upon his graduation from Monash University, Australia, in 2003, with a Bachelor of Computing Degree, Datuk Lim joined the Group in 2004 as a Business Development Executive undertaking project development feasibility assessment and identifying suitable land banks. Datuk Lim also assisted Tan Sri Dato’ Lim Soon Peng (“Tan Sri Dato’ Lim”), the former Group Managing Director, in the daily operations of the Group. He is currently steering the Group’s day-to-day management, strategic planning, property development projects, human resources, accounts and finance as well as overseeing the implementation of the Group’s internal policies. In 2020, he received the Pingat Kesatria Mahkota Wilayah (K.M.W.) award for his contribution to society. Datuk Lim was conferred the title Darjah Pangkuan Seri Melaka (DPSM) by TYT Governor of Melaka in August 2023 which carries the title “Datuk”.
Datuk Lim has more than nineteen (19) years of experience in the property development industry. As the Group Managing Director, he is expected to bring the Group to its next phase of development, with deep insight into its values, culture, and resources. Succeeding his father, Tan Sri Dato’ Lim, who is now taking on an advisory role in the Group, Datuk Lim has the vision of creating a paradigm shift in urban property development.
Datuk Lim is the brother to Ms. Lim Puay Fung, an Executive Director and substantial shareholder of the Company.
He was a former committee member of the Real Estate Housing Developers’ Association (REHDA) Selangor and was actively involved in the committee. He holds directorships in Titijaya Foundation and several private limited companies.
A dual key property is a type of property that consists of two separate living spaces that can be accessed by a single main entrance. This means that the property can be divided into two separate units, each with its own entrance, kitchen, and bathroom. This makes it an ideal option for those looking for a property that can be used by extended families, or for those who wish to rent out one of the units to generate income.
The advantages of investing in a dual key property in Malaysia are numerous. Firstly, it provides the opportunity to generate multiple streams of income. The owner can choose to live in one unit and rent out the other, or rent out both units to maximize income. Secondly, a dual key property can be a cost-effective investment, as it allows for multiple uses without the need for separate properties. This makes it a more affordable option for those looking to invest in property.
A dual income property is a type of property that is designed to generate two separate sources of income. This can be achieved through the use of a dual key property, as mentioned above. Another option is to invest in a property that has been designed with two separate living spaces, each with its own entrance. This means that the property can be rented out to two separate tenants, providing two sources of rental income.
Investing in a dual income property in Malaysia can be a smart financial decision, as it provides a consistent and reliable source of income. With two tenants paying rent, the risk of losing income is reduced, as the loss of one tenant does not necessarily mean the loss of all income. In addition, with the current demand for rental properties in Malaysia, finding tenants for a dual income property is usually not difficult.
Dual usage property is a type of property that has been designed with two different uses in mind. This could mean having a residential unit on one floor and a commercial unit on another, or having a single unit that can be used as both a home and an office. This type of property offers a great deal of flexibility, as the owner can choose to use the space in whichever way suits their needs best.
Investing in a dual usage property in Malaysia can be particularly appealing to entrepreneurs or small business owners, as it allows them to operate their business from home while still maintaining a degree of separation between work and personal life. This can help reduce expenses and increase productivity, as there is no need to commute to a separate office.
Conclusion
Dual key, dual income, and dual usage properties in Malaysia offer a variety of benefits for those looking for a flexible living and investment option. Whether you are looking to generate multiple streams of income or utilize the property for different purposes, investing in a dual key, dual income, or dual usage property can be a smart financial decision. With the current demand for rental properties and the versatility of these types of properties, they offer a solid long-term investment option. Consider exploring the various options available in the Malaysian property market to find the dual key, dual income, or dual usage property that suits your needs and goals.
