General Manager, Property Asset Management Job at Randstad (Sarawak)

General Manager, Property Asset Management

Randstad

Location:
Malaysia , Sarawak

Category:
Real Estate

Contract Type:
Not provided

Salary:

30000.00 - 35000.00 MYR / Month

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Job Description:

The company is seeking a commercially driven General Manager, Property Asset Management to lead the strategy, optimisation, and income generation of the company’s completed property portfolio. This role focuses on maximising returns from existing residential and commercial assets, particularly unsold units, by developing leasing, repositioning, and alternative monetisation strategies. The successful candidate will play a key role in transforming idle units into income-generating assets while preserving long-term asset value.

Job Responsibility:

Monetization Strategy & Revenue Growth: Design and execute high-yield strategies for unsold residential and commercial units
Alternative Use Identification: Pivot vacant inventory into lucrative models such as Short-Term Rentals (Airbnb/Agoda), Corporate Housing, Co-living, or Student Accommodations
Feasibility & ROI: Conduct financial modeling for unit furnishing and repositioning to ensure a rapid return on investment (ROI)
Yield Performance: Directly drive occupancy rates and portfolio-wide Net Operating Income (NOI)
Asset Optimization & Financial Oversight: Monitor the performance of all completed projects, balancing asset-level returns against holding costs
Strategic Recommending: Provide data-driven advice to Senior Management on whether to lease, hold, reposition, or dispose of specific assets
Reporting: Establish a transparent reporting cadence for cash flow, occupancy trends, and portfolio valuations
Operational Leadership & Stakeholder Management: Lead the bridge between the internal building maintenance team and commercial goals—ensuring properties are always "guest-ready" or "tenant-ready."
Vendor Ecosystem: Appoint and manage a high-performing network of external partners, including leasing agents, short-stay operators, and specialist contractors
Retention: Maintain premium property standards to ensure high tenant satisfaction and long-term business partnerships
Governance & Scalable Systems: Create the "Playbook" for converting vacant units into leased assets (e.g., setup timelines, furnishing standards, and handover protocols)
Cost Frameworks: Develop pre-approved vendor panels to control CAPEX and OPEX for unit fit-outs and ongoing operations
Compliance: Ensure all alternative use strategies (like STR) comply with local council regulations, strata bylaws, and insurance requirements

Requirements:

Diploma/Bachelor’s Degree in Property, Real Estate, Business, or related field
Minimum 12-15 years of experience in property asset management, portfolio management, leasing strategy, or hospitality asset operations
Proven track record in managing completed property portfolios, driving strategic leasing and yield optimization initiatives, and successfully monetizing vacant or underperforming assets
Strong commercial and financial acumen, with ability to evaluate ROI and asset strategies
Experience managing both residential and commercial property assets is highly preferred
Demonstrated leadership experience managing cross-functional teams and external partners

What we offer:

Positive work environment supported by a trusting and supportive management team
Rewards employees generously for good performance
Emphasizes personal growth

Additional Information:

Job Posted:
March 08, 2026

Expiration:
April 24, 2026

Randstad - All Job Offers

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