Asset Manager

About the role

We are seeking a Asset Manager to join our Asset Management team. This is an exciting opportunity for a real estate professional with a genuine interest in heritage real estate to take ownership of a defined portfolio of conservation shophouses. You will play a hands-on role in driving asset performance, managing tenant relationships, and supporting acquisition and value-enhancement strategies - all while navigating the unique regulatory and physical considerations that come with conserved properties. This role offers significant exposure to senior leadership and the opportunity to develop a well-rounded skill set across asset management, leasing, capital expenditure planning, and stakeholder engagement.

Responsibilities

• Asset & Portfolio Management
• Manage and oversee the day-to-day asset management of an assigned portfolio of conservation shophouses, ensuring optimal occupancy, rental income, and net asset value.
• Develop and execute annual asset plans and budgets, including income projections, operating expense management, and capital expenditure forecasting.
• Monitor portfolio performance against key KPIs (yield-on-cost, occupancy rate, rental reversion, WALE, NOI, etc.) and prepare regular performance reports for senior management.
• Identify and implement asset enhancement initiatives (AEIs) to improve returns while respecting conservation guidelines.
• Leasing and Tenant Management
• Work closely with internal asset management team, leasing agents and/or manage direct lease negotiations for new tenancies and renewals across the portfolio.
• Maintain strong, professional relationships with tenants, acting as a primary point of contact for tenancy matters.
• Review and negotiate lease terms, rental rates, and tenancy agreements in consultation with the legal team.
• Conduct regular tenant engagement to ensure satisfaction and early identification of tenancy risks.
• Curate an appropriate tenant mix that complements the heritage character of each property and the surrounding precinct.
• Financial Analysis & Reporting
• Prepare monthly/quarterly asset performance reports, variance analyses, and cash flow projections.
• Support the preparation of valuation exercises and liaise with external valuers as required.
• Analyse market comparables, rental benchmarks, and transaction data for conservation shophouses to inform leasing and investment decisions.
• Assist in the annual budgeting cycle and track actual performance against budget.
• Property & Building Management Oversight
• Coordinate with the Property Management team and/or external managing agents to ensure properties are well-maintained and compliant with all regulatory requirements.
• Oversee maintenance, repair, and improvement works, ensuring contractors adhere to URA conservation guidelines and BCA regulations for gazetted heritage buildings.
• Manage and monitor building condition assessments, particularly structural, façade, and roofing integrity specific to shophouse typologies (e.g., timber flooring, jack roofs, party walls, five-foot ways).
• Ensure compliance with fire safety, accessibility, and other statutory requirements applicable to conserved buildings.
• Acquisitions & Dispositions Support
• Support the management and Investment team in underwriting potential shophouse acquisitions, including financial modelling, due diligence coordination, and market research.
• Prepare investment papers and presentation materials for internal investment committees.
• Assist with the disposition process where applicable, including marketing preparation and data room management.
• Market Intelligence & Stakeholder Engagement
• Stay abreast of market trends, regulatory changes (URA Master Plan, conservation policies), and transaction activity in the Singapore conservation shophouse market.
• Build and maintain a network of industry contacts, including conservation architects, heritage consultants, shophouse brokers, and relevant government agencies.
• Represent MCQ Land at industry events, URA engagement sessions, and heritage-related forums where appropriate.

Requirements

• Bachelor's degree in Architecture, Real Estate, Estate Management, Business, Finance, or a related discipline.
• 3 - 5 years of relevant experience in asset management, property management, real estate investment, or leasing - ideally with some exposure to commercial or shophouse properties in Singapore.
• Technical Skills
• Sound understanding of lease structures, property financial analys

Additional Information

Asset Manager Location: Singapore (Central) Employment Type: Full-Time, Permanent Department: Asset Management About MCQ Land MCQ Land is a sustainable real estate developer and investor headquartered in Singapore. We build, acquire, manage and transform real estate developments with sustainability as our #1 priority. At the heart of MCQ Land is a commitment to transform communities by building real estate that harmonizes nature, design, and sanctuary.

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