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Chin Hin Group Property Unit Signs Joint Development Deal for MYR883 Million Project

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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.

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