KUALA LUMPUR: Chin Hin Group Property Bhd
(CHGP) expressed confidence in its 2026 outlook, supported by unbilled sales of RM2.3 billion, an expanded residential landbank, and a growing pipeline of developments that provide clear earnings visibility over the next two to three years.
CHGP said the unbilled sales as at Sept 30, 2025, were derived from ongoing residential projects across Greater Kuala Lumpur and the northern region.
This is expected to underpin revenue recognition into the financial years ending Dec 31, 2026 and 2027, as projects progress through more advanced construction stages, the property developer said in a statement.
"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,” it added.
Meanwhile, group chief executive officer Chang Tze Yoong said the 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.
CHGP said it 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 while scaling its residential portfolio in line with demand trends,” it added.
In a filing with Bursa Malaysia, CHGP reported a 30.1 per cent growth in revenue to RM682.90 million for the first nine-month period ended Sept 30, 2025, while net profit rose 67.2 per cent to RM35.94 million. - Bernama
