Job Title: Business Development Intern
Monthly Salary: SGD $1,000 - SGD $1,200
Start Date:
Job Type: Full-Time, On-Site
Reports To: Executive Advisor / Management Associate
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Hey Future Figment Family Member!
Ever dreamt of turning heritage homes into works of art while working from anywhere? We're Figment—the rebels of hospitality, making the world a more human place to live, one conserved shophouse at a time.
Our boutique hotel-inspired homes are hailed as the 'Picassos of Singapore's Built Heritage' by Travel + Leisure, with coverage from NYT, WSJ, The Straits Times to Channel NewsAsia. We've hosted over 4,000 members from companies like Grab, BCG (Boston Consulting Group), and Citi over the past 3+ years.
What Makes This Role Different:
Competitive Package: We believe in paying well for exceptional talent.
Stability with Purpose: We're a profitable, bootstrapped company backed by real shophouse assets—not chasing venture capital's "growth at all costs" mentality. Your job security comes from real revenue, not runway.
Accelerated Growth: Staff take on significant responsibilities from day one in our hands-on scrappy startup environment. As we aggressively expand our team, you'll grow alongside us with clear progression paths and potential phantom equity eligibility.
Global Conservation Mission: As stewards of Singapore's architectural heritage, we're pioneering the boutique homes concept globally—from London townhouses to Spanish Colonial homes in Intramuros, Manila, to colonial bungalows across India.
The Role at a Glance:
We are seeking a proactive and detail-oriented Business Development Intern to join our team. In this role, you will be responsible for sourcing, evaluating, and securing potential shophouse properties for lease, acquisition, investment, and development. You will work closely with the acquisitions and development team to identify strategic opportunities, build relationships with key stakeholders, and facilitate the acquisition process.
What You Will Do:
1. Property Sourcing & Acquisition (50%):
Identify and source potential shophouse properties through market research, networking, and direct outreach to owners, brokers, and other stakeholders.
Conduct door-knocking for deals on a consistent tracked manner, and generate at least 2-3 good potential leads every month.
Evaluate potential properties for lease/ investment based on key criteria such as location, price, size, and market trends together with the team.
Monitor and assess the shophouse market trends and developments to inform sourcing strategies.
2. Due Diligence & Market Analysis (20%):
Prepare reports and presentations on property opportunities, including market trends, potential value, and investment returns.
Conduct preliminary due diligence and assist with legal and financial evaluations to determine the viability of each opportunity.
3. Negotiation & Deal Structuring (20%):
Negotiate acquisition terms, pricing, and contracts with property owners to secure favourable deals for the company.
Collaborate with legal and finance teams to ensure all acquisition terms and conditions align with company objectives and risk management policies.
Assist in coordinating the lease and acquisition process, ensuring timely and efficient completion.
4. Documentation & Reporting (10%):
Maintain accurate records of all sourcing and acquisition activities, including property details, pricing, and communication with stakeholders.
Assist in the preparation of presentations, financial models, and reports for internal and external stakeholders.
Provide ongoing support in managing the acquisition pipeline and tracking progress on active deals.