Me & My Property

For owner of 18 real estate firms, the magic is leverage

Mr Victor Lim, 60, with his wife Stella Leong, 60, and daughter Dina, 30, on the sofa. Behind him are his son Winchester, 34, daughter-in-law Joanne Teng, 34, and grandson Xavier, five. Mr Lim bought the three-storey, 3,500 sq ft penthouse at Skies Milton
Mr Victor Lim, 60, with his wife Stella Leong, 60, and daughter Dina, 30, on the sofa. Behind him are his son Winchester, 34, daughter-in-law Joanne Teng, 34, and grandson Xavier, five. Mr Lim bought the three-storey, 3,500 sq ft penthouse at Skies Miltonia under youngest daughter Sophie's name about five years ago for nearly $2.9 million.PHOTOS: ALICIA CHAN FOR THE STRAITS TIMES
The Orchid Country Club, Seletar Country Club and Seletar Reservoir are visible from Mr Lim's penthouse, as well as the view of an almost unobstructed skyline.
The Orchid Country Club, Seletar Country Club and Seletar Reservoir are visible from Mr Lim's penthouse, as well as the view of an almost unobstructed skyline.PHOTOS: ALICIA CHAN FOR THE STRAITS TIMES
Mr Lim's favourite spot in the penthouse is the balcony. From here, he can see the sunrise and sunset, and fireworks in Johor Baru during festive periods.
Mr Lim's favourite spot in the penthouse is the balcony. From here, he can see the sunrise and sunset, and fireworks in Johor Baru during festive periods.PHOTOS: ALICIA CHAN FOR THE STRAITS TIMES

He relied on loans mainly to buy property and used returns from their sale to grow portfolio

Businessman Victor Lim's strong belief in the potential of property has put him in good stead with an expansive real estate portfolio comprising residential, industrial, office and land assets.

Mr Lim, founder and chief executive of Asian Micro Holdings, owns 18 private property companies across the region.

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A version of this article appeared in the print edition of The Sunday Times on September 09, 2018, with the headline 'For owner of 18 real estate firms, the magic is leverage'. Print Edition | Subscribe