Job Purpose
Lead the development and execution of unit pricing strategies for residential and mixed-use projects. Ensure pricing aligns with market demand, unit specifications, financial targets, and the company’s strategic objectives. Provide actionable insights to optimize revenue, absorption rates, and overall project profitability.
Key Responsibilities
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Develop and implement
pricing strategies
for housing and mixed-use units based on market analysis, product specifications, and business case requirements.
-
Analyze
market trends, competitor pricing, and buyer segments
to recommend optimal pricing structures.
-
Collaborate with Development/Product teams to assess
unit features, finishes, location premiums, and unit mix
for pricing impact.
-
Partner with Finance to ensure pricing achieves
business case targets
(IRR, NPV, margins).
-
Monitor
sales performance and absorption rates
, recommending pricing adjustments or incentive strategies.
-
Prepare and present
pricing dashboards and reports
to leadership for decision-making.
-
Support Commercial/Sales teams with
launch pricing memoranda, segmentation strategy, and promotional pricing recommendations
.
-
Participate in strategic discussions for
project phasing, portfolio pricing, and product positioning
.
Qualifications & Experience
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Bachelor’s degree in
Business, Finance, Real Estate, Economics, or related field
(Master’s preferred).
-
Experience
in real-estate development, with
direct responsibility for pricing strategy or unit pricing
.
-
Proven track record in
residential or mixed-use real-estate projects
, preferably in the GCC/Saudi market.
-
Strong analytical skills and proficiency in
pricing models, financial modeling, scenario analysis, and Power BI / Excel dashboards
.
-
Excellent understanding of
market dynamics, housing demand, competitive landscape, and regulatory environment
in Saudi Arabia.
-
Exceptional
stakeholder management skills
, able to influence and collaborate with Development, Finance, Sales, and Executive leadership.
-
Strong strategic thinking, problem-solving, and decision-making abilities.