Chin Hin Group Property Unit Signs Joint Development Deal for MYR883 Million Project
MT Newswires Live
Jun 26
Chin Hin Group Property (KLSE:CHGP) unit Chin Hin Property (Melawati) signed a joint development agreement with EC Properties (M) to develop a residential project in Selangor, Malaysia, according to a Thursday Malaysian bourse filing.
The project will be built on two freehold parcels and will comprise 1,449 serviced apartments, with an estimated gross development value of 883 million ringgit and gross development cost of 725 million ringgit.
The first phase is scheduled for launch in the second quarter of 2027, subject to approvals, while completion is expected by the third quarter of 2033.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.