Assistant Manager, Property Development & Asset Management

Lotus's Malaysia; Kuala Lumpur; On-site; MYR 120,000 - 170,000; Full time

Job summary

Lotus's Malaysia in Kuala Lumpur is seeking an Assistant Manager to drive property development and asset management initiatives. You will identify sites, assess feasibility, conduct financial analyses, and lead lease management with internal stakeholders and external partners.

You will manage negotiations, review tenancy documents, monitor rental obligations, and prepare management papers for the board, ensuring timely, compliant project delivery within policy guidelines.

Qualifications

• Bachelors degree in Real Estate, Property, Business, Finance, Economics or a related discipline.
• 3–5 years' experience in property development, acquisition, asset management, leasing or retail property.
• Experience in site assessment, financial feasibility, commercial negotiation and lease management preferred.
• Strong analytical, communication, stakeholder management and project management skills.
• Proficient in Excel and PowerPoint; GIS/mapping experience is an advantage.

Responsibilities

• Identify and evaluate potential sites through market research and site visits.
• Conduct feasibility assessments and advise on site suitability.
• Maintain and monitor the property development pipeline.
• Prepare financial models and projections with Finance.
• Analyze rental, sales potential and other commercial assumptions.
• Support negotiations and review tenancy agreements.
• Manage lease renewals and related obligations.
• Prepare management papers and coordinate with Finance, Legal and Operations.
• Ensure projects are delivered on time and in compliance with policies.

Skills

Analytical skills

Communication skills

Stakeholder management

Project management

Education

Bachelor's Degree in Real Estate, Property, Business, Finance, Economics or related discipline

Tools

Excel

PowerPoint

GIS / mapping

Job description

The Assistant Manager supports property development and asset management activities, covering site identification, feasibility assessment, financial analysis, commercial negotiations and lease management. The role manages assigned workstreams independently within established guidelines and coordinates with internal and external stakeholders to support timely and commercially sound property decisions.

Key Responsibilities

• Property Development & Site Assessment
• Identify and evaluate potential sites through market research, site visits, demographics, catchment, traffic, competition and market potential analysis.
• Conduct feasibility assessments and provide recommendations on site suitability.
• Maintain and monitor the property development pipeline.
• Prepare sales projections, financial simulations and feasibility assessments in collaboration with Finance.
• Analyze rental, sales potential and other key commercial assumptions.
• Negotiation & Contract Review
• Support negotiations with landlords, developers and other counterparties for new sites and lease renewals.
• Review LOO, HOT, tenancy agreements and other property documents from a commercial and operational perspective.
• Identify key commercial risks and identify matters requiring management or legal review.
• Asset & Lease Management
• Manage assigned lease renewals, tenancy matters and key contractual milestones.
• Monitor rental payment, property taxes and other property-related obligations.
• Coordinate with landlords and internal stakeholders to resolve property-related issues.
• Reporting & Stakeholder Management
• Prepare management / board papers, presentations and investment proposals.
• Coordinate with Finance, Legal, Operations, Construction and other stakeholders.
• Ensure assigned projects are delivered within agreed timelines and in compliance with Company policies.

Qualifications & Experience

• Bachelor's Degree in Real Estate, Property, Business, Finance, Economics or related discipline.
• 3–5 years' relevant experience in property development, acquisition, asset management, leasing, retail property or related fields.
• Experience in site assessment, financial feasibility, commercial negotiation and lease management preferred.
• Strong analytical, communication, stakeholder management and project management skills.
• Proficient in Microsoft Excel and PowerPoint; GIS / mapping experience is an advantage.