AmBank Backs Chin Hin Group with RM307 Million for Klang Valley and Borneo Developments

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Chin Hin Secures RM307 Million from AmBank for Klang Valley, Sabah & Sarawak Growth Projects

In a strategic move reinforcing Malaysia’s ongoing urban and infrastructure development, AmBank Group has approved RM307 million in financing facilities to support Chin Hin Group Bhd’s property and civil engineering projects across the Klang Valley, Sabah, and Sarawak.

The facilities are channelled through Chin Hin’s subsidiaries, Aricia Sdn Bhd and Makna Setia Sdn Bhd, and are set to drive the group’s expansion in both residential development and national infrastructure.


Aricia Residences @ Sungai Besi: A Landmark Urban Project

A major portion of the financing will be used to develop Aricia Residences @ Sungai Besi, a high-value residential project with a gross development value (GDV) of RM467 million. Located within one of Kuala Lumpur’s rapidly transforming corridors, this development is designed to offer future-ready, lifestyle-oriented living spaces that align with the demands of the modern homeowner.

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With Sungai Besi’s growing importance as a connected suburb — especially with MRT and highway links — property investment opportunities in this area are gaining attention, making Aricia Residences a promising addition to the local landscape.


Mixed-Use Project in Bandar Kinrara: Residential Meets Retail

The financing will also support a freehold mixed-use development in Bandar Kinrara, spanning 1.38 hectares. The project will feature two residential towers complemented by a retail hub, creating a vibrant live-work-play environment.

Bandar Kinrara, with its mature township status and strong infrastructure, presents high potential for residential property appreciation and retail rental yields, particularly for developments that offer both convenience and accessibility in one address.

This aligns with the growing trend in Malaysia’s urban planning: integrated developments that blend housing with lifestyle amenities to meet the preferences of a younger, urbanised population.


Infrastructure Works in Sabah and Sarawak: Driving East Malaysia’s Growth

Beyond real estate, Chin Hin is extending its impact into civil infrastructure works in Sabah and Sarawak. The RM307 million facility will help fund initiatives aimed at enhancing regional connectivity and economic growth, critical to Malaysia’s East Malaysia agenda.

These works support nationwide efforts to bridge infrastructure gaps between Peninsular and East Malaysia, further opening up industrial, logistic, and real estate opportunities in Borneo. Such developments often catalyse demand for workforce housing, logistics hubs, and ancillary services — making them of interest to forward-thinking property investors.


Strategic Vision: Sustainable Urban and Economic Development

Christopher Yap, Managing Director of Business Banking at AmBank Group, highlighted that the collaboration is in line with the bank’s goal to support long-term economic and community growth.

“AmBank Group remains dedicated to supporting initiatives that drive progress and create lasting value for communities. This collaboration underscores our ongoing efforts to contribute to Malaysia’s development and construction landscape.”

This sentiment is echoed by Chiau Haw Choon, Group Managing Director of Chin Hin, who emphasised that this financing empowers the company to push innovation and sustainability in their residential offerings, while contributing to national development.

“Our infrastructure initiatives in Sabah and Sarawak reflect our commitment to national progress, driving sustainable development and enhancing connectivity across the region.”


Real Estate Outlook: What This Means for Investors

For the Klang Valley, projects like Aricia Residences and Bandar Kinrara’s mixed-use towers demonstrate continued investor and developer confidence in strategically located, integrated developments. These types of properties typically enjoy:

  • Higher tenant retention rates due to on-site lifestyle amenities

  • Strong resale potential as urban demand for compact, convenient housing grows

  • Better access to transportation nodes, increasing their desirability

Meanwhile, infrastructure development in East Malaysia opens doors to secondary market opportunities—from commercial real estate supporting logistics to residential schemes in previously underserved locations.


Final Thoughts: Chin Hin and AmBank’s Forward-Looking Collaboration

The RM307 million financing deal between AmBank and Chin Hin Group is more than just capital—it’s a strategic alignment toward inclusive, future-forward development across Malaysia.

From urban residences in Kuala Lumpur to infrastructure works in Borneo, this collaboration showcases the growing synergy between financial institutions and property developers in shaping Malaysia’s real estate and construction future.

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