Area Head Project Development Residential - Bacolod

Chroma Hospitality, Inc.; Canlandog; On-site; PHP 1,500,000 - 2,300,000; Full time

Job summary

Chroma Hospitality, Inc. seeks a Project Development Head to lead projects from inception through turnover, overseeing market analysis, financial feasibility, and conceptual marketing initiatives. The role requires steering sales forecasting and coordinating with permits, brokers, and internal teams.

The candidate should bring extensive experience in business operations and real estate development, ensuring project viability and timely delivery across all phases.

Qualifications

• College graduate with degree in Business, Marketing, Economics and other related courses.
• With at least 10 years or more experience in related track.
• Has experience in Business Operations, and Real Estate Development.

Responsibilities

• Project Inception: Recommends the highest and best use of the property based on market and competitor scan.
• Project Planning: Prepares conceptual brief incl. theme, product type, schedule, zoning, amenities.
• Project Implementation: Prepares financial analysis and budget for Sales and Marketing; develops pricing and promos.
• Project Turnover: Oversees turnover process and ensures smooth handover of units to customers.
• Property Management: Manages maintenance fund and coordinates work with other units and HOA/Condo Corp.

Skills

Marketing

Business operations

Real estate development

Education

Bachelor's degree in Business, Marketing, Economics

Job description

Job Description:

Job Summary:

Project Development Head is directly involved in the development of the project from its inception to completion and tum-over of the property. Responsible in the analytical aspects of the projects which include but not limited to market and target analysis, site analysis. financial feasibility, etc. Conceptualizes and implements effective marketing campaigns and is responsible in sales forecasting to ensure financial stability of the project.

KEY FUNCTIONS/DUTIES AND RESPONSIBILITIES:

Project Inception

• Recommends the highest and best use of the property based on the market and competitor scan.
• Maximizes the site's physical attributes to produce the best value of Inventory considering the development cost.
• Prepares financial feasibility of the assigned project for the assigned projects.

Project Planning

• Prepares conceptual brief of the project which Includes but not limited to theme or concept of the architecture, product type, competitive benchmark, schedule or timelines, zoning requirements, open spaces and amenities.
• Coord nates directly with Permits and Licenses for all necessary permits prior to the commencement/construction of the project.

Project Implementation

• Prepares financial analytical review between project's budgeted costs and expenses versus the actual costs and expenses.
• Prepares budget for Sales and Marketing new and existing projects
• Adjusts sales activities based on the allotted budget and relocates budget as needed
• Formulates sales and marketing programs and prepares sales forecast for various projects.
• Sets pricelist and recommends new pricing level as needed.
• Uploads inventory of the project to the FREBAS system.
• Supervises and regularly updates the inventory in the system.
• Directs the Implementation of promos and incentives for sellers and buyers and analyses its effectiveness.
• Supervises effective sales activities to achieve productivity targets.
• Conducts meetings, interviews and trainings with Brokers as needed.
• Coordinates travel/trip arrangement, training and meeting schedules with sales team, brokers, clients and other departments
• Supervises all administrative requirements, policies, procedures and other HR and Admin-related activities.
• Ensures productivity of open houses and other sales and marketing activities.
• Checks, prepares and recommends acceptable EAM's for approval.
• Conceptualizes marketing ideas based on the target and market analysis.
• Directs the fast and efficient preparation of communication and/or marketing plans and ensures proper execution of all marketing campaigns in all channels
• Monitors the quality and quantity of all marketing collaterals from creation to production
• Programs the Order to Construct (OTC) that can ensure the fast and efficient completion/delivery of the project.

Project Turnover

• Oversees the entire turn-over process and monitors the turn-over and acceptance rate of customers.
• Sets quality standards and timetable to ensure smooth turn-over of units to customers.

Property Management

• Manages maintenance fund (I.e. collection and disbursement).
• Coordinates and manages the work of other units involved in the project.
• Facilitates the formation of Home Owners Association or Condo Corp.

EDUCATION, TRAININGS, LICENSES REQUIRED:

• College graduate with degree in Business, Marketing, Economics and other related courses
• With at least 10 years or more experience in related track
• Has experience in Business Operations, and Real Estate Development