Chin Hin Group Property enters 2026 with RM2.3 bil unbilled sales and expanded residential pipeline
The group stated that this unbilled sales base is expected to underpin revenue recognition into FY2026 and FY2027, as projects progress through more advanced construction stages.
KUALA LUMPUR (Jan 2): 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.
As at Sept 30, 2025, CHGP’s unbilled sales were derived from its ongoing residential projects across Greater Kuala Lumpur and the Northern Region.
The group stated in a media release that this unbilled sales base is expected to underpin revenue recognition into FY2026 and FY2027, as projects progress through more advanced construction stages.
“CHGP delivered a strong year of execution. For the nine months ended Sept 30, 2025, the group recorded a 92% year-on-year 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% year-on-year, reflecting steady demand across its residential portfolio,” said the company.
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 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.
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.
“Our 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,” said Chang Tze Yoong, group CEO of CHGP.
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Source: EdgeProp.my
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