Vice President - Development
Posted on :
12-11-2024
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1 Vacancy
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Job Description
- Assist in managing business development activities for land, residential retail and mixed-use assets as directed by the line manager.
- Support in identifying new own developments opportunities.
- Support in sourcing new investment with third parties (e.g., JVs, project finance, etc.)
- Support in sourcing developments pre-selling/pre-leasing guarantee from end-users.
- Develop feasibility studies for residential, retail and mixed-use assets and seek approval from line manager.
- Perform project costing in coordination with Project Management
- Develop financial model in collaboration with Partnerships & Investment and other relevant functions.
- Liaise with Partnerships & Investments and other relevant functions on feasibility studies.
- Develop feasibility study on owned land, in conjunction with the line manager:
- Recommend allocation of specific assets by segment on land plots.
- Recommend land phasing plan.
- Recommend in input to the pricing of land plots based on price benchmark of comparable land plots.
- Research and Recommend unit cost by land plot.
- Perform infrastructure costing in coordination with Operations.
- Perform high level cost breakdown of infrastructure (recoverable versus non recoverable costs).
- Develop financial model and feasibility studies and liaise with Investment Analysis and other relevant functions on feasibility study.
- Review the Delivery team progress and report on progress of the delivery and the timely handing over of government related assets to reduce O+M costs and land costs.
- Review and Report on pre-concept test fit, concept master plan and detailed master plan managed and developed by the master planning function.
- Review, update, report and recommend on the allocated land bank from inception, design, delivery of infrastructure, authority handovers, sales and development on land plots.
- Use market intelligence reports to recommend land use requirements for master plans, matching supply with demand.
- Use market reports and media publication to identify trends in Development products related to lifestyle and recommend land use and products that can overall enhance the project attractiveness and profitability.
- Review and update development manager on schedules for land development in conjunction with Delivery and Controls.
- Perform continuous monitoring of design and project deliverables, program and risk register.
- Provide constant progress updates and monthly written reports on construction progress.
- Identify major issues or conflicts and recommend appropriate solutions.
- Monitor development budgets against projected and actual costs and recommend appropriate solutions on deviations.
- Support in deciding on refined commercial strategy based on recommendation from Commercial (e.g., pricing, sales phasing, etc.).
- Support in deciding on marketing strategy (e.g., marketing calendar, branding, etc.).
- Support in deciding on Asset, PM and FM strategy, ensure proper handover and coordination with PM and FM entities and Asset Manager.
Employment Type
Full-time
Department / Functional Area
Key Skills
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