KUALA LUMPUR: Chin Hin Group Property Bhd (CHGP) expressed confidence in its 2026 outlook, anchored by RM2.3 billion in unbilled sales, an expanded residential landbank, and a growing pipeline of developments that provide clear earnings visibility over the next two to three years.
Heading into 2026, CHGP expects demand to remain resilient for well-located, mid-market and landed residential products, particularly among owner-occupiers and young families.
The group is preparing to launch several new residential projects over the coming quarters, with sales targets calibrated to prevailing market conditions and affordability considerations.
Group CEO Chang Tze Yoong said the company’s focus going into 2026 is on project delivery and operational excellence.
“We are prioritising construction progress, delivery discipline and product relevance. The objective is to convert what is already in hand into sustainable earnings, while remaining selective on new opportunities,” he said in a statement.
As of September 30, 2025, CHGP’s unbilled sales were derived from its ongoing residential projects across Greater Kuala Lumpur and the Northern Region, including Quaver Residence, Ayanna Resort Residences, Avantro Residences, Residensi Andalan, Dawn KLCC, Aricia Residences, Crown Penang and Botanica Hills.
This unbilled sales base is expected to underpin revenue recognition into FY26 and FY27, as projects progress through more advanced construction stages.
Looking back at 2025, CHGP delivered a strong year of execution.
For the nine months ended September 30, 2025, the group recorded a 92% year-on-year (YoY) increase in profit before tax, supported by higher sales recognition and improved project maturity within its property development segment.
Revenue for the period grew 30% YoY, reflecting steady demand across its residential portfolio.
In addition to operating performance, 2025 was also a year of deliberate landbank expansion and portfolio optimisation.
During the year, the group secured several strategic residential development sites across Kuala Lumpur and Selangor, namely Lots 448 and 449 at Jalan Segambut, Puncak Jalil, Taman Connaught and Nilai.
Taken together, these acquisitions and development agreements add an estimated RM3.5 billion in gross development value (GDV) to CHGP’s medium-term pipeline, which is expected to be progressively launched from 2026 onwards.
CHGP has sharpened its focus on residential development following the divestment of non-core businesses.
This strategic focus enables management to concentrate capital and resources on projects with clear demand profiles, faster sales absorption, and manageable execution risk.
CHGP expects 2026 to be a year of earnings realisation, as a larger portion of its development pipeline moves into peak construction and billing phases.
The group remains committed to prudent capital management as it scales its residential portfolio in line with demand trends.
