Project Development Associate (For Land Acquisition)

JOB DESCRIPTION:

• To provide the necessary support to Business and Project Development Manager in acquiring properties;
• To prepare feasibility studies on properties that will be developed into residential projects; and
• To manage the property and raw land offers database.

1. Conduct feasibility studies to find and determine the best business opportunities for the company.

2. Coordinate with third party consultant/s for market study and analysis.

3. Coordinate with agents/brokers to increase pool of land offers and expand network.

4. Accept and evaluate new property offers.

5. Prepares master list of all new properties for evaluation.

6. Conduct initial due diligence on prospect properties:

a. Legal and Political sensitivities in coordination with Legal and Technical Services Group

b. Technical issues, in coordination with Office Engineering Department

7. Discuss and negotiate with landowners the cost and payment terms for the acquisition of properties

through agents/brokers.

8. Conduct final due diligence on prospect properties:

a. Legal and Political sensitivities including title tracebacks, in coordination with Legal and

Technical Services Group

b. Technical issues through third party consultants

1. Relocation and Topographic Survey

2. Hydro Study

3. Soil Study

4. Geo-resistivity

9. Facilitate the necessary documentations in acquiring properties, which includes but not limited to:

a. Contract to Sell

b. Deed of Absolute Sale

c. Memorandum of Agreement

d. Special Power of Attorney from landowners to authorized representatives

10. Consolidate all pertinent documents and ensure target timelines are met in relation to the following

activities:

a. Transfer of titles

b. Transfer of tax declarations

c. Segregation of titles

d. Removal of annotations

e. Department of Agrarian Reform (DAR) conversion/exemption order

11. Monitor and ensure meeting of project timelines:

a. Permits

b. Land development & house construction

c. Turnover to Homeowners Association (HOA)

12. Preparation of cash advance, liquidation, reimbursements, and request for payment

JOB REQUIREMENTS:

• With at least 1 year of work experience in the real estate industry, preferably in the Business Development, Project Development, Externals/Permits, or Market Research department
• Graduate of Bachelor's Degree in Real Estate Management/Business Administration/Economics/Accountancy, or any business-related course