PR/159229 | Business Development Assistant Manager (Residential)

Job Responsibilities

• To be part of the residential team of a renowned foreign developer which is expanding real estate business in Malaysia.
• To form JV partnerships with local renowned developers and closely monitor the projects as minor shareholder.
• The job includes both business development and development management.

Business development

• Establish and maintain strong relationships with potential JV partners, primarily in the condominium, serviced apartment, and landed housing sectors.
• Conduct feasibility studies and financial modeling to assess investment opportunities.
• Perform in-depth market research, including supply-demand analysis, transaction trends, pricing dynamics, competitor benchmarking, and macroeconomic factors.
• Support and take initiative in negotiations, deal structuring, due diligence (land and JV), documentation, and financing processes.
• Assist in preparing investment proposals for internal management approval.

Development management

• Collaborate with JV partners throughout the project lifecycle, offering strategic input on design, planning, cost control, marketing, regulatory approvals, tendering, construction, and financing.
• Monitor project performance, including business plans, P&L projections, and cash flow, to ensure alignment with target returns.
• Actively participate in strategic discussions with partners, particularly in areas such as sales, marketing, and financial planning.
• Maintain strong working relationships with partners and key stakeholders to ensure smooth project execution

Job Requirements

• Bachelor’s degree in Real Estate, Project Management, Construction, Business, Finance, or a related field.
• More than 5 years of relevant experience in the real estate industry, ideally with a developer, financial institution, or investment fund.
• Solid understanding of real estate development processes, legal frameworks, and industry standards.
• Proficient in feasibility analysis and market research.
• Strong interpersonal and problem-solving skills, with the ability to thrive in a multicultural, multidisciplinary environment.
• Eagerness to learn and expand responsibilities beyond current expertise.
• Capable of managing multiple tasks in a fast-paced setting.

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