Micah Lim 林益才 Real Estate Singapore

Micah Lim 林益才 Real Estate Singapore Micah Lim Real Estate has about 19 years of real estate experience providing residential, commercial and industrial consultations.

Background and Track Record

Micah Lim has been actively practising as a property realtor or salesperson in Singapore for the past 19 years and is trained in mainly private property sales and rental with a network of clients and buyers. Micah is currently holding the title of Senior Associate Director at JKL Consultants, a boutique Real Estate Company in the industry for almost 20 years. In the l

ast 19 years, Micah and his team has successfully Micah and his team has *transacted* hundreds of tenancies representing landlords and has a clear blueprint to advise owners on marketing strategies, pricing and distribution network of the listing. Micah will present your property in the most efforts are geared towards online marketing with concurrent reach out to other property salespersons by ways of direct immediate distributions within 48 hours of starting the marketing campaign on top of listing on Property Guru and other property platforms. Micah will update landlords on viewing appointments and any potentials for post viewing assessments and correct prices after that. Micah is experienced to conduct defects liability inspection on behalf of landlords for newly TOP units and arrange for quotations and installations of curtains, lights, white goods appliances and furnitures as and when necessary. Tenancy agreements will be drafted and customised whenever necessary. Inventories will be meticulously prepared in prints in advance and properly and formerly handed over to tenants. all copies of documents will be electronically stored for easy access in future and Micah will have his assistant assist on this throughout the whole tenure of the lease and even after the tenure has expired. Although not officially a salesperson responsibilities, Micah and his assistant will follow through the tenancy period with on defects, repairs, payments(should landlord highlight any lapse), arrangements of viewings for buyers, future tenants, monitoring of due date for renewal of tenancy and initiating the tenant to make offer on renewals. Micah will also assist in taking over the property at the end of the lease and assist in detecting defects and arranging for repairs on the defects before handing over the property to the next tenant(if Micah is appointed to market for the next tenant)

Property Buyers and Investors

Micah and his team has helped many buyers find their ideal properties whether be it residential, industrial or commercial. Micah has contacts with almost all the property developers or the developers' marketing agents in Singapore so he can freely recommend and show you the most suitable properties. As a native born and bred Singaporean chinese, Micah is fluent in both English and Mandarin and is familiar with the geography and demographics of Singapore, and how the location and amenities nearby of of different condos can translate into economic sense. Once a particular project is identified, Micah can then use his negotiation skills to negotiate for the best deal for you. All work are done without any cost or charges to you.

https://www.edgeprop.sg/property-news/private-rents-down-08-3q2024-led-double-digit-vacancy-ccrSINGAPORE (EDGEPROP) - Ov...
29/10/2024

https://www.edgeprop.sg/property-news/private-rents-down-08-3q2024-led-double-digit-vacancy-ccr

SINGAPORE (EDGEPROP) - Overall rents of private homes recovered in 3Q2024, up 0.8% q-o-q, according to URA on Oct 25. It follows two consecutive quarters of declines of 1.9% in 1Q2024 and 0.8% q-o-q in 2Q2024. The rebound marks the first increase since rents rose by 0.8% in 3Q2023.
For the first nine months of 2024, overall rents were down 1.9%, in stark contrast to the 11.1% increase over the same period in 2023. Christine Sun, chief researcher and strategist at OrangeTee Group attributes declining rents to the abundant supply of completed private homes in 2022 and 2023.

For the first nine months of 2024, overall rents dropped 1.9%, in stark contrast to the 11.1% increase over the same period in 2023.

https://www.edgeprop.sg/property-news/real-estate-market-see-more-investment-activity-price-gap-narrows-colliersThe Sing...
23/10/2024

https://www.edgeprop.sg/property-news/real-estate-market-see-more-investment-activity-price-gap-narrows-colliers

The Singapore real estate capital market is poised for more activity, according to an October research report by Colliers. “As we navigate the tail end of 2024, the external environment shows signs of optimism with inflation receding and interest rate cuts, alongside a pick-up in economic momentum,” observes John Bin, Colliers’ director of capital markets and investment services for Singapore.

Colliers is estimating Singapore real estate investment sales to total between $22 billion and $24 billion in 2024.

https://www.edgeprop.sg/property-news/analysis-impact-lease-decay-hdb-flatsSINGAPORE (EDGEPROP) – It is well-known that ...
11/10/2024

https://www.edgeprop.sg/property-news/analysis-impact-lease-decay-hdb-flats

SINGAPORE (EDGEPROP) – It is well-known that age affects the price of leasehold property. In general, older properties tend to have lower prices than their newer counterparts due to wear and tear and a shorter remaining tenure.
However, the extent of the impact of lease decay is less certain. To better understand this, we examined the prices of HDB flats and compared the average resale prices of those 10 years or younger with their older counterparts.

What factors allow HDB flats to weather lease decay better?

Are you are a property owner or owner to be?You deserve a property agent who has your interest at heart. You  deserve an...
01/10/2024

Are you are a property owner or owner to be?

You deserve a property agent who has your interest at heart.

You deserve an experienced agent who values integrity and sincerity as much as you do.

You deserve a dedicated agent who will bring out the best in your property, your property listing rank high and more visible to more buyers in property portals like PropertyGuru.

You deserve an agent who is result orientated, while putting your interest first.

You deserve to have an agent who is willing to invest in virtual tours, take pictures professionally of your residential unit to enhance marketing efforts.

You deserve a property agent who will sincerely regards you as a partner and friend, more than just a business encounter.

Many of my clients stay with me for more than 10 years, and we still stay like old time friends as I assist them with their property needs.

Looking forward to work with you.

The followings are property news articles on the properties I have marketed:

https://www.edgeprop.sg/amp/property-news/single-storey-gcb-stevens-road-going-37-mil

https://sg.finance.yahoo.com/news/two-storey-999-leasehold-shophouse-102020148.html

https://sg.finance.yahoo.com/news/seven-commercial-units-thomson-plaza-012048768.html

SINGAPORE: From the middle of next year, singles will be included in schemes that give priority to those applying for Bu...
13/09/2024

SINGAPORE: From the middle of next year, singles will be included in schemes that give priority to those applying for Build-to-Order (BTO) flats to live with or near their families.
More grants for lower-income couples and community care apartments for seniors are also in the works, announced Prime Minister Lawrence Wong on Sunday (Aug 18).

In his first National Day Rally speech, Prime Minister Lawrence Wong pledged to press on with efforts to make public housing more affordable.

SINGAPORE (EDGEPROP) - URA launched the tender for the Government Land Sale (GLS) site at Faber Walk in Clementi on Sept...
13/09/2024

SINGAPORE (EDGEPROP) - URA launched the tender for the Government Land Sale (GLS) site at Faber Walk in Clementi on September 12. The site is under the 2H2024 GLS Confirmed List programme.
The 99-year leasehold site occupies about 277,660 sq ft and has a gross plot ratio of 1.4. The site is zoned fully for residential (non-landed) use and is expected to yield up to 400 housing units.

The 99-year leasehold residential site occupies about 277,660 sq ft and is expected to yield up to 400 housing units.

11/09/2024

Are you are a property owner or owner to be?

You deserve a property agent who has your interest at heart.

You deserve an experienced agent who values integrity and sincerity as much as you do.

You deserve a dedicated agent who will bring out the best in your property, your property listing rank high and more visible to more buyers in property portals like PropertyGuru.

You deserve an agent who is result orientated, while putting your interest first.

You deserve to have an agent who is willing to invest in virtual tours, take pictures professionally of your residential unit to enhance marketing efforts.

You deserve a property agent who will sincerely regards you as a partner and friend, more than just a business encounter.

Many of my clients stay with me for more than 10 years, and we still stay like old time friends as I assist them with their property needs.

Looking forward to work with you.

The followings are property news articles on the properties I have marketed:

https://www.edgeprop.sg/amp/property-news/single-storey-gcb-stevens-road-going-37-mil

https://sg.finance.yahoo.com/news/two-storey-999-leasehold-shophouse-102020148.html

https://sg.finance.yahoo.com/news/seven-commercial-units-thomson-plaza-012048768.html

Micah Lim Real Estate has about 19 years of real estate experience providing residential, commercial and industrial consultations.

SINGAPORE: Barely a day after Prime Minister Lawrence Wong's maiden National Day Rally, the government announced that it...
09/09/2024

SINGAPORE: Barely a day after Prime Minister Lawrence Wong's maiden National Day Rally, the government announced that it would tighten the maximum amount home buyers could borrow from the Housing and Development Board (HDB). The loan-to-value (LTV) limit for HDB loans was loweredfrom 80 per cent to 75 per cent with effect from Tuesday (Aug 20).

Even a small loan limit reduction could moderate some irrational transactions that could cause overheating in the resale market, says NUS Business School’s Sing Tien Foo of the latest property cooling measure.

Compared to the HDB resale market in July 2024which scored a new all-time-high (ATH), there were fewer major activities ...
09/09/2024

Compared to the HDB resale market in July 2024which scored a new all-time-high (ATH), there were fewer major activities going on in the market this August. While there has been a slight increase in resale price, August has seen drops in both transaction volume and million-dollar flat transactions.

The HDB resale market in August 2024 underwent price increase and volume drop in transactions. Read more about them here.

SINGAPORE (EDGEPROP) - On Aug 23, the US Federal Reserve chair Jerome Powell said “the time has come” to begin lowering ...
09/09/2024

SINGAPORE (EDGEPROP) - On Aug 23, the US Federal Reserve chair Jerome Powell said “the time has come” to begin lowering interest rates. It has raised expectations of an interest rate cut at the next Federal Open Market Committee meeting in mid-September.

Interest rates in Singapore have already been sliding in recent months in anticipation of US interest rate cuts.

In our previous flash report cover, we saw a respectable surge in volumes for condo rents while a modest increase in HDB...
02/09/2024

In our previous flash report cover, we saw a respectable surge in volumes for condo rents while a modest increase in HDB rents. What does it look like for July? Teaser: there are big jumps in numbers!
In July 2024, the rental market stabilised, with a 0.9% increase in condo rental prices and a 1.4% increase in HDB rents month-on-month. Take a look at the graphs below:

Covering the Flash Report for condos and HDBs in July 2024, we comb over the main points and comments provided by our data team.

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