Chin Hin Group Property

What Chin Hin Group Property does

Chin Hin Group Property Bhd is a Malaysian publicly listed property developer (KLSE: CHGP) that acquires land and develops large-scale residential projects, primarily serviced apartments and leasehold residential communities, in the Kuala Lumpur market. Founded in 1977 and headquartered in Nibong Tebal, Malaysia, the company employs 501-1000 staff and operates through core subsidiaries such as Avion Connaught Sdn. Its active portfolio centers on two flagship developments: a 2,434-unit serviced apartment project in Segambut, Kuala Lumpur (gross development value of RM685.1 million, commenced July 2025 with completion targeted for June 2030), and a residential development with Grand Uptown Sdn valued at RM103 million on 99-year leasehold land.

The company generates revenue primarily through one-time property sales to mid-market end-users and investors, with revenue recognized upon completion and handover of development projects. Distribution is direct, via property show units and sales offices targeting Malaysian residential buyers and investment purchasers in urban Kuala Lumpur locations. The business model is capital-intensive, relying on large land acquisitions (such as the RM52 million purchase of a 6.49-acre Segambut parcel from YNH Property Bhd) and multi-year development cycles. Strategic execution is led by Group CEO Chang Tze Yoong, appointed in January 2025 to oversee the property development division.

In the most recently reported quarter (Q3 2025/2026), revenue surged to RM212.45 million from RM138.6 million year-over-year, while net profit slipped marginally to RM1.08 million from RM1.1 million, reflecting active project rollout with modest margin pressure as the company invests in scaling its project pipeline.

Name

Chin Hin Group Property

Legal name

Chin Hin Group Property Bhd

Website

https://chgp.my

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Chin Hin Group Property Bhd is a Malaysian publicly listed developer of large-scale residential and serviced apartment projects in Kuala Lumpur, serving mid-market end-users and investors through direct property sales.

Ownership category

akta.pro rank

Product category

Residential Property Development

NAICS

New Housing For-Sale Builders (236117), Land Subdivision (23721), Residential Building Construction (23611)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industry

Residential General Contracting (New Build) (IMAFAAAB)

Keywords

• Residential property development
• Serviced apartment construction
• Land development
• Real estate development
• Leasehold housing projects

Headquarters

HQ city

Nibong Tebal

HQ country

Malaysia

HQ region

Asia

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales

Revenue model

1. Property Development Sales: The company generates revenue through the sale of residential properties including serviced apartments and residential developments. Revenue is recognized upon completion and handover of development projects to buyers.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Chin Hin Group Property acquires land parcels and develops large-scale residential real estate projects in Malaysia, primarily serviced apartment complexes and leasehold residential developments. The company focuses on urban Klang Valley developments such as the 2,434-unit serviced apartment project in Segambut, Kuala Lumpur, and partners with landholders through development agreements to build residential units for sale to end-users and investors.

Product overview

Chin Hin Group Property Bhd is a property development company that specializes in residential and mixed-use real estate projects. The company's portfolio includes large-scale serviced apartment developments and residential projects. The company acquires land for development, either through direct purchase or development agreements, and undertakes construction of residential units for sale. Projects are primarily located in Malaysia, including Kuala Lumpur, with developments ranging from 2,434-unit serviced apartment complexes to 99-year leasehold residential developments.

Differentiator

Problem solved

Functional benefit

Products and services

• 2,434-Unit Serviced Apartment Project (Segambut, Kuala Lumpur) A large-scale serviced apartment development comprising 2,434 residential units in Segambut, Kuala Lumpur, targeted at end-users and property investors seeking urban Malaysian residential housing. The project carries an estimated gross development value of RM685.1 million, with construction expected to commence in July 2025 and complete by June 2030.
• Grand Uptown Residential Development (99-Year Leasehold) A residential development project on 99-year leasehold land valued at RM103 million, undertaken by Chin Hin Group Property's subsidiary Avion Connaught Sdn under a development agreement with Grand Uptown Sdn. The project targets residential end-users and investors seeking leasehold housing in the Malaysian market.

Quantifiable outcome

• Development of 2,434 residential units in Kuala Lumpur
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core, major and minor.

• Grand Uptown SdncoreStrategic or Co-development Partner · 16 October 2025Avion Connaught Sdn (subsidiary/affiliate of Chin Hin Group Property) entered into a development agreement with Grand Uptown Sdn for a residential development project valued at RM103 million. The project involves developing 99-year leasehold land into residential units.
• YNH Property BhdmajorStrategic or Co-development Partner · 8 July 2025YNH Property Bhd disposed of a 6.49-acre land parcel in Segambut, Kuala Lumpur to Chin Hin Group Property for RM52 million. The land was originally acquired in 2007 for RM23 million. This strategic land acquisition enables Chin Hin to develop a major 2,434-unit serviced apartment project with estimated GDV of RM685.1 million.
• Frazel GroupminorOthersProceeds from the YNH Property land disposal will be used to return a deposit to Frazel Group as part of the transaction settlement arrangements.

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• UEM Sunrise Berhad: Listed Malaysian developer with flagship high-rise residential projects in Mont Kiara/Segambut-adjacent corridors of Kuala Lumpur — directly comparable given Segambut location overlap with Chin Hin's serviced apartment site.
• IOI Properties Group Berhad: Bursa Malaysia-listed developer of residential and mixed-use projects in Malaysia and Singapore, with substantial Klang Valley high-rise exposure; comparable in scale and product to Chin Hin's 2,434-unit Segambut development.
• Eco World Development Group Berhad: Malaysian-listed developer with sustained Klang Valley high-rise and township launches, targeting mid-to-upper market buyers; relevant comparable for Chin Hin's pipeline of mid-market serviced apartment product.
• Sime Darby Property Berhad: Large Malaysian residential and commercial property developer listed on Bursa Malaysia, focused on master-planned townships and high-rise residential launches in the Klang Valley — directly comparable to Chin Hin Group Property's serviced apartment and residential pipeline.
• Mah Sing Group Berhad: Mid-to-large cap Malaysian developer with strong focus on affordable-to-mid-tier serviced apartments and residential projects in the Klang Valley — overlapping product (serviced apartments, leasehold residential) with Chin Hin's Segambut and Grand Uptown projects.
• UOA Development Berhad: Kuala Lumpur-focused residential and commercial developer with a strong track record in high-rise serviced apartments and condos — directly comparable in end-product type to Chin Hin's serviced apartment focus.
• SP Setia Berhad: One of Malaysia's leading listed property developers with significant Klang Valley high-rise and landed residential projects; comparable to Chin Hin in target customer (mid-market Malaysian buyers) and product mix (large residential launches).
• Matrix Concepts Holdings Berhad: Bursa Malaysia-listed developer with large-scale residential townships and high-rise projects, predominantly in Negeri Sembilan and Selangor; comparable in mid-market residential development model and KL-adjacent catchment.

Broad incumbents

• Sunway Berhad (Property Division): Diversified Malaysian conglomerate with a sizable property arm (Sunway City, integrated townships) — comparable in serving Malaysian residential demand at scale but at a much broader portfolio and capital base than Chin Hin.

Others

• YNH Property Berhad: Counterparty that sold the 6.49-acre Segambut parcel to Chin Hin for RM52M; a comparable Malaysian developer/landowner in the same Klang Valley corridor and a recent transacting counterparty.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chin Hin Group Property