Junior Asset Manager

Junior 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. 

The Opportunity

We are seeking a Junior Asset Manager to join our Asset Management team. This is an exciting opportunity for an early-career 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.

Key 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 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

Qualifications

• Bachelor's degree in Real Estate, Estate Management, Business, Finance, Architecture, or a related discipline.

• 1–3 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.

• Fresh graduates with strong internship experience in real estate and a demonstrated interest in heritage properties may be considered.

Technical Skills

• Sound understanding of lease structures, property financial analysis, and real estate valuation concepts.

• Proficiency in Microsoft Excel (financial modelling, pivot tables, scenario analysis) and PowerPoint.

• Familiarity with property management software is an advantage.

• Basic understanding of URA conservation guidelines, planning regulations, and the Development Control framework in Singapore is highly preferred.

Personal Attributes

• Genuine passion for heritage buildings — you appreciate the character, history, and craftsmanship behind Singapore's conservation shophouses.

• Strong analytical and commercial acumen with attention to detail.

• Excellent written and verbal communication skills.

• Proactive, resourceful, and comfortable working independently with minimal supervision.

• Strong interpersonal skills — able to engage confidently with tenants, contractors, brokers, consultants, and senior management.

• A team player who thrives in a lean, entrepreneurial environment where no task is too small.

• Willingness to conduct regular site visits across various shophouse locations island-wide.

What We Offer

• Opportunity to work with a unique and growing portfolio of heritage assets rarely found in conventional real estate firms.

• Direct mentorship from senior leadership and accelerated professional development.

• Exposure to end-to-end real estate value chain — from acquisitions to asset management to divestment.

• A collaborative culture that values initiative, ownership, and continuous learning.

• Comprehensive benefits including medical/dental insurance, annual leave entitlements, and CPF contributions in accordance with Singapore statutory requirements.

How to Apply

Interested candidates are invited to submit their resume. We regret that only shortlisted candidates will be notified. All applications will be treated in strict confidence.

MCQ Land Pte Ltd is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Note: By submitting your application, you consent to the collection, use, and disclosure of your personal data by MCQ Land Pte Ltd for the purposes of recruitment and employment, in accordance with the Personal Data Protection Act 2012 (PDPA).