John Tan
Real Estate Specialist - Investment, Asset Management, Marketing, Risk Management
Summary
Experienced professional with over 30 years in investments, business development, asset management, and property development. Collaborated with prominent real estate developers such as Tuan Sing, UIC Ltd, Singapore Land Ltd, CapitaLand Singapore Ltd, and Keppel Land International Ltd. Possess extensive knowledge in real estate asset classes across key gateway cities including Singapore, Sydney, Melbourne, London, Shanghai, Tokyo, Osaka, and Frankfurt. Demonstrated success in leading teams and driving growth by effectively managing people, financials, legal matters, and risk management. Expertise lies in valuing complex commercial, residential, and industrial assets in both Singapore and global markets. Played a pivotal role in driving strategic decision-making through accurate and informed market valuations. Boasting a strong network with government agencies such as IRAS, SLA, JTC, and URA, as well as renowned real estate consultants like JLL, CBRE, Knight Frank, C&W, and Savills. Held key appointments including Director for S&P Agreement and Options execution for residential sales at UIC Limited; Risk Champion for CapitaLand Singapore Limited and CapitaLand Commercial Trust (CCT); and Licence Representative for CCT. Performance-driven Vice President with 30 years of experience aligning systems with business requirements, policies, and regulatory requirements. Passionate about applying excellent organization and communication skills to manage and lead teams. Results-oriented individual well-versed in interfacing and consulting on business processes to drive results based on sound overall business judgment.
Overview
32
32
years of professional experience
2003
2003
years of post-secondary education
2
2
Languages
Work History
Vice President, Investment & Asset Management (Freelance)
Tenacity Group Holdings Pte Ltd
11.2023 - Current
- Provide Investment Advisory Services across diverse asset classes, including: Real Estate, Technology (Artificial Intelligence and others) and Alternative Investments (financial products and new asset classes)
- Execute Financial Feasibility and Due Diligence for Purpose Built Student Accommodation (UK), Commercial (Singapore and US), Logistic (Mexico & South Korea), Hotel (Singapore), and high technology Singapore firms
- Source Capital Investors for fund raising
Assistant Vice President, Business Development
Tuan Sing Holdings Ltd
11.2021 - 09.2023
- Undertook Investments and Due Diligence in Commercial and Co-living Hotel/Serviced Apartment in key gateway cities such as Singapore, Sydney, Melbourne, London, Tokyo, Osaka, Shanghai and Frankfurt
- Executed Financial Feasibilities for Executive Condominium in additions to Residential; and explored Bonded Warehouse in joint venture with MAP/Nuri
- Obtained Management in-principal approval to develop Co-living Serviced Apartment at 870 Dunearn Road, Singapore
- Convinced Management on the conversion of 3 Office floors into Co-living Hotel at 9 Oxley Rise, Singapore
Manager, Investment and Asset Management
Boustead Fund Management Pte Ltd
05.2021 - 10.2021
- Executed Asset Enhancement Initiatives for Alice@Mediapolis (new amenities) and GSK Building (better space utilization with sublet to potential Co-working Operator) at One-North; and 12 and 16 Changi North Way (new amenities and adding Net floor Area via space planning)
- Explored the feasibility of redeveloping 36 Tuas, collaborating with JTC to obtain approval and lease extension, and analysing preliminary financial projections
Deputy General Manager, Business Development
UIC Ltd / Singapore Land Ltd
04.2017 - 03.2021
- Carried out En-bloc and Government Land Sale purchases of Residential and Commercial assets in Singapore
- Undertook Investments and Due Diligence in acquiring Overseas Commercial assets in key gateway cities such as Sydney, Melbourne, London, and Shanghai
- Optimized existing Commercial and Hotel assets
- Executed share swap of Hotel assets and asset divestments for capital recycling to maximize returns
- Carried out Design Review of Residential Projects to enhance marketability and sale pricing policy
- Appointed as Directors of subsidiary companies to sign Option to Purchase Forms and S&P Agreement for Residential sale units
- Promoted to Deputy General Manager and Appointed as Head of Business Development after 6 months of employment, managing 3 staff
- Secured 3 Residential sale sites at Silat Avenue (The Tre Ver), Clementi Avenue 1 (Clavon), and Canberra Drive
- Obtained Management approvals to redevelop aging Clifford Centre under CBD Incentives with much higher GFA and adding new Residential and new Serviced Apartment in Marina Square under Strategic Development Incentive Scheme
- Divested Beijing Landmark Towers in Beijing China to existing JV Partner; and executed Hotel share wraps of Tianjin Westin with Tianjin Sheraton to optimize financial returns and management efficiency
Assistant Vice President, Investments
CapitaLand Singapore Ltd (part of CapitaLand Group)
09.2010 - 04.2017
- Carried out en-bloc and Government Land Sale purchases of Commercial assets in Singapore
- Undertook Financial Feasibilities and Due Diligence (both Developer and REIT) in acquiring Commercial assets and redevelopments of existing carparks into prime Office and Integrated Developments to the highest and best uses
- Appointed into Pilot Team of Pan Asian Fund via investing in Overseas Commercial assets in Australia, Japan and Korea
- Carried out tenant retention and meeting customer operation needs with Build-to-Suit Business Park for JP Morgan’s Back of House Staff
- Appointed as Risk Champion for Risk Management at CapitaLand Singapore Ltd and CapitaLand Commercial Trust; Licence Representative at CapitaLand Commercial Trust
- Secured 1 Commercial Sale Site at Westgate (Jurong East) under CapitaLand Singapore Ltd and 1 Income Generating Commercial Building namely 20 Anson under CapitaLand Commercial Trust
- Obtained Management approvals to redevelop and joint ventures (CapitaLand Singapore Ltd/CapitaLand Commercial Trust/MEA) on Golden Shoe Car Park into Grade A Platinum Green Mark CapitaSpring (Office/Retail/Serviced Apartment) and Market Street Car Park into Grade A Platinum Green Mark CapitaGreen (Office/Retail)
- Divested 20 Anson as part of Capital Recycling
- Liaised actively with JTC for 9 months and secured 3 land parcels at Changi Business Park for JP Morgan
Business Development Manager
Keppel Land International Ltd (now part of Keppel Corporation Ltd)
09.2004 - 07.2010
- Led acquisitions of Residential and Commercial properties in Singapore via En-Bloc and Government Land Sales, driving business growth
- Signed Management Agreements with SMG (world’s largest exhibition and convention operator based in US) and Singapore Exhibition and Convention Centre for MICE
- Executed Financial Feasibilities and Due Diligence of existing assets to their highest and best use
- Carried out Asset Management for optimizing existing commercial assets: Asset Enhancement Initiatives to have higher rent and lower maintenance costs, budget and financial forecast
- Redevelopment of low yield assets
- Divestment of Commercial assets to Keppel REIT
- Secured 1 En-bloc Residential site at Quelin Gardens Singapore- JV with Chip Eng Seng Construction
- Submitted Request for Proposal for the Marina Bay Integrated Resort
- This was in joint venture partnership with Harrah’s Entertainment Inc (now known as Caesars Entertainment Inc)
- Redeveloped Ocean Building and Ocean Tower into new Grade-A Ocean Financial Centre at higher Gross Floor Area and achieved Platinum and LEEDS Green Building
- This included asset managed Ocean Tower to earn rental revenue and lower maintenance costs during redevelopment and torn down Ocean Tower for podium car park
- Ocean Financial Centre was sold to Keppel REIT
- Carried out full Asset Enhancement Initiative for Equity Plaza while retained full occupancy during the 12 months period
Section Head (Tenders & Auctions), Land Sale Department
Singapore Land Authority
05.2001 - 09.2004
- Appointed URA, HDB, JTC and LTA to sell Commercial, Residential, Industrial, Petrol and Places of Worship under the Government Land Sale sites in Confirmed List and Reserve List in Singapore
- Appointed to the Core Working Group responsible for phasing the sale of Marina Bay lands, ensuring successful project delivery
- Successfully sold a residential site at Bukit Ho Swee, solely by SLA
- Convinced URA, Chief Valuer and AGC to use the Option Pricing and Special Tender Conditions for the Business and Financial Centre at Marina Bay- this was sold to Keppel Land International Ltd
Assistant Manager (Property Development)
PSA Corporation Ltd / HarbourFront Development Pte Ltd
11.1997 - 05.2001
- Led financial feasibility studies for redevelopment of World Trade Centre, including finalizing Cox Master Plan for its highest and best use
- Served as a core team member in the joint venture with Keppel Land, driving the development of office and residential projects
- Contributed to design reviews for Vivo City and HarbourFront Office Buildings, including Cable Car Towers
- Explored overseas commercial investment in Dalian Donggang waterfront project
- Promoted to Grade 5 from Grade 4 upon 2.5 year of employment
- Obtained Development Charge Savings of ~$45 million for securing a high Baseline for the World Trade Centre by leveraging on my skills, network and planning knowledge after working as Town Planner in URA
Senior Business Development Officer
DBS Land Ltd
02.1996 - 09.1997
- Established and leveraged extensive networks with key real estate agents to secure prime land parcels for office and residential developments, focusing on high-growth overseas markets including Vietnam, Bangkok, Malaysia, Japan and Philippines
- Involved in the Design Review meetings for Bangi Township comprising high-rise condominiums, office, retail complexes and shophouses in Selangor Malaysia
Town Planner
Urban Redevelopment Authority
06.1993 - 02.1996
- Collaborated with Strategic Planning to develop Development Guide Plans for Western Singapore (Woodlands, Mandai, Bukit Timah and Bishan)
- Developed Conventional Housing Plans and Streetblock Plans for Western Singapore (Queenstown, Bukit Timah, Bukit Batok and Mandai/Sembawang)
- Granted planning approvals for Commercial/Residential/Special Project/Place of Worship/ Industrial/ Public Housing developments in Western Singapore including the Woodlands Custom and Checkpoint
Education
Master of Business Administration (MBA) -
Macquarie Business School
Bachelor of Science (Estate Management) (Hons) - undefined
National University of Singapore
Skills
- Business Development
- Contract Negotiation
- Financial Feasibility
- Due Diligence
- Strategic Planning and Development
- Budget and Forecast
- Marketing and Pricing Strategy
- Risk Management
- Leadership
- Interpersonal Communication
Accomplishments
- Acquired residential sale sites and commercial sale sites and buildings; and optimized existing low return assets for much higher financial returns.
- Obtained management approvals to invest into prime investment commercial and hospitality assets in overseas key gateway cities.
- Had good track record of Asset Management overseeing Property Management and Marketing with budgeting and financial forecasting including setting base rents/rent incentives and Asset Enhancement Initiatives for commercial/industrial assets.
- Secured significant cost savings of ~S$45 million on Development Charges through successful Baseline negotiations, for the redevelopment of World Trade Centre into Vivo City and HarbourFront Offices (PSA).
Personal Information
- Available: 2 weeks
- Nationality: Singaporean
Timeline
Vice President, Investment & Asset Management (Freelance)
Tenacity Group Holdings Pte Ltd
11.2023 - Current
Assistant Vice President, Business Development
Tuan Sing Holdings Ltd
11.2021 - 09.2023
Manager, Investment and Asset Management
Boustead Fund Management Pte Ltd
05.2021 - 10.2021
Deputy General Manager, Business Development
UIC Ltd / Singapore Land Ltd
04.2017 - 03.2021
Assistant Vice President, Investments
CapitaLand Singapore Ltd (part of CapitaLand Group)
09.2010 - 04.2017
Business Development Manager
Keppel Land International Ltd (now part of Keppel Corporation Ltd)
09.2004 - 07.2010
Section Head (Tenders & Auctions), Land Sale Department
Singapore Land Authority
05.2001 - 09.2004
Assistant Manager (Property Development)
PSA Corporation Ltd / HarbourFront Development Pte Ltd
11.1997 - 05.2001
Senior Business Development Officer
DBS Land Ltd
02.1996 - 09.1997
Town Planner
Urban Redevelopment Authority
06.1993 - 02.1996
Bachelor of Science (Estate Management) (Hons) - undefined
National University of Singapore
Master of Business Administration (MBA) -
Macquarie Business School
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