Chin Hin’s RM1.1 Billion Taman Connaught Project to Redefine Kuala Lumpur Living
The Kuala Lumpur property landscape continues to evolve as Chin Hin Group Property Bhd charts a bold new chapter in the city’s residential market. The developer has entered into a development agreement for a RM1.1 billion project in Taman Connaught, underscoring both its strategic shift and renewed confidence in Kuala Lumpur property investment.
The upcoming development will be undertaken by Avion Connaught Sdn Bhd, an indirect wholly owned subsidiary of Chin Hin, under a collaboration with Grand Uptown Sdn Bhd, the proprietor of the five-acre (2.02-hectare) leasehold land.
With a gross development value (GDV) of RM1.1 billion and an expected profit before tax (PBT) of RM210 million, this venture represents one of Chin Hin’s most ambitious Kuala Lumpur projects to date.
1. A Strategic Urban Expansion in Eastern Kuala Lumpur
Located in the mature and highly accessible suburb of Taman Connaught, the project expands Chin Hin’s footprint into one of KL’s most connected eastern corridors.
Taman Connaught, nestled along Cheras Highway and linked by both MRT Taman Connaught Station and the East–West Link Expressway, offers seamless access to key destinations including Tun Razak Exchange (TRX), KLCC, and Bangsar South.
Once completed, the development will feature high-rise residential towers complemented by retail and parking facilities, marking a new integrated urban address in an area long associated with steady middle-class demand and consistent rental returns.
“The Taman Connaught project represents a significant addition to our Kuala Lumpur development pipeline,” said Chang Tze Yoong, CEO of Chin Hin’s property division. “It fits our strategy of pursuing high-quality residential projects in prime urban areas with long-term demand potential.”
2. Unlocking RM1.1 Billion in Urban Value
Under the agreement, Avion Connaught will pay RM103 million for full development rights, giving Chin Hin complete control over design, construction, marketing, and sales.
Construction is scheduled to commence in the second quarter of 2026 (2Q26) and complete by 2Q31, aligning with Malaysia’s next urban growth cycle and improved infrastructure connectivity under the 13th Malaysia Plan.
With a forecasted 18% pretax margin, the project will be financed through internal funds and bank borrowings, reflecting a disciplined capital approach and manageable gearing ratio.
Industry observers view the project’s timeline and profitability outlook as well-timed, aligning with the expected recovery of Kuala Lumpur’s mid-to-upper-tier residential segment as new MRT and city-fringe regeneration projects come online.
3. Why Taman Connaught Is Poised for Growth
While Taman Connaught may not carry the glamour of KLCC or Bangsar, it sits at the heart of Cheras’ transformation — a district that has evolved from a commuter suburb into an emerging residential-investment hotspot.
Key demand drivers include:
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MRT connectivity via the Sungai Buloh–Kajang line
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Proximity to education hubs, medical centres, and retail malls (such as Cheras Leisure Mall and EkoCheras Mall)
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A large working professional base commuting daily to central Kuala Lumpur
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Limited new high-rise supply within walking distance of transit nodes
This blend of convenience and affordability has made Taman Connaught increasingly attractive to first-time buyers, upgraders, and young investors — an audience Chin Hin aims to capture with its upcoming integrated design and curated retail mix.
4. A Disciplined Pivot: Exit from Dutamas, Focus on Viable Corridors
The Taman Connaught announcement also comes shortly after Chin Hin terminated its earlier RM395.5 million Dutamas high-rise venture, a decision that reflects the group’s pragmatic approach to risk management and portfolio balance.
In a Bursa Malaysia filing, Chin Hin confirmed that its subsidiary BKHS Capital Sdn Bhd had revoked the Dutamas development agreement following unresolved ownership and legal caveats tied to the site.
The exit frees up capital and management resources to pursue stronger-yielding, clearer-titled projects such as Taman Connaught — which Chang described as part of Chin Hin’s “disciplined pursuit of growth markets with sustainable returns.”
This move underscores the company’s agility: stepping away from uncertainty while doubling down on locations with solid demographic fundamentals and long-term demand resilience.
5. KL Property Market Outlook: Smart Density and Strategic Patience
Chin Hin’s latest move mirrors a wider trend among established developers — prioritising infill sites with transit access, mixed-use potential, and proven local demand over speculative high-rise clusters.
Analysts note that while Kuala Lumpur’s high-end condo segment remains oversupplied, transit-linked mid-tier projects continue to perform, particularly in Cheras, Sentul, Jalan Ipoh, and Old Klang Road corridors.
With urban population density rising and infrastructure expanding eastward, the next wave of city living is likely to favour smart, compact communities with access to public transport, rather than mega-scale luxury towers.
Chin Hin’s RM1.1 billion Taman Connaught project appears to align perfectly with this shift — combining scale, connectivity, and affordability within a mature urban ecosystem.
6. Building Sustainable Growth in Kuala Lumpur
For Chin Hin Group Property, the project is more than another addition to its portfolio — it’s a reaffirmation of the group’s long-term confidence in Kuala Lumpur’s housing market.
Its focus on measured, quality-driven development resonates with post-pandemic buyer sentiment, where value, design, and sustainability increasingly outweigh sheer scale.
As Malaysia’s capital continues to evolve into a transit-oriented metropolis, projects like Avion Connaught will play a central role in shaping a new generation of liveable, connected communities.
Explore KL’s Next Growth Corridors with klproperty.cc
Whether you’re a first-time buyer seeking city access or an investor tracking emerging urban growth zones, Kuala Lumpur’s property landscape offers renewed opportunities in districts like Taman Connaught.
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