KUALA LUMPUR: Main Market-listed property developer Chin Hin Group Property Bhd (CHGP) has entered into a collaboration with UCSI Group to establish an integrated education hub that will anchor CHGP’s approximately 19.3-acre waterfront masterplan within the Melaka Waterfront Economic Zone.
The collaboration marks a significant milestone in CHGP’s vision to develop an education-led mixed-use destination that integrates residential living, education, lifestyle, commerce and future healthcare offerings within a single waterfront community.
At the centre of the masterplan will be a purpose-built campus housing UCSI International School and Sekolah Sri UCSI, with capacity for up to 3,000 students and boarding facilities accommodating up to 300 students. The campus will become UCSI’s first school presence in Malacca and is expected to serve as a key catalyst for long-term population growth, talent attraction and economic activity within the precinct.
The wider development is envisioned as an integrated waterfront township comprising serviced residences, retail and lifestyle offerings, educational facilities and a future healthcare component.
Under the agreement, CHGP’s wholly owned subsidiary Chin Hin PMC Sdn Bhd, and UCSI will establish a dedicated joint venture company to develop and operate the school, with CHGP holding a 30% strategic equity stake and UCSI holding the remaining 70%. The joint venture company will acquire a designated leasehold land parcel within the development for the campus.
The structure enables CHGP to participate in the long-term growth and recurring earnings potential of the education sector while leveraging the operational expertise, proven academic track record and established brand reputation of one of Malaysia’s leading education groups.
CHGP property development division group CEO Chang Tze Yoong said: “This partnership strengthens our vision of creating a future-ready waterfront township anchored by quality education. Together with UCSI, we are establishing a key catalyst for community growth, talent attraction and long-term value creation across the broader development.”
UCSI Group founder and executive chairman Datuk Peter Ng said that UCSI will manage the school’s education and operations, while CHGP will lead the development of the campus.
He added that the collaboration aligns with CHGP’s strategy of unlocking landbank value through high-impact developments that diversify growth drivers and support long-term value creation.
