Chin Hin, UCSI team up on Melaka education hub
KUALA LUMPUR: Chin Hin Group Property Bhd (CHGP) is partnering UCSI Group to establish an integrated education hub that will anchor its 7.81-hectare waterfront masterplan within the Melaka Waterfront Economic Zone.
Chin Hin Group Property Bhd (CHGP) and UCSI Group have teamed up to build an education-focused hub within the Melaka Waterfront Economic Zone. The 7.81-hectare development aims to create a mixed-use destination that supports population growth, talent attraction and economic activity. The centerpiece of the project will be a purpose-built campus housing UCSI International School and Sekolah Sri UCSI, with space for up to 3,000 students and boarding facilities for 300 more.
The larger waterfront development will include serviced residences, retail, lifestyle offerings, educational facilities and a healthcare sector. CHGP, through its wholly-owned subsidiary Chin Hin PMC Sdn Bhd, will hold a 30% stake in a joint venture company that will develop and operate the school. UCSI Group will own the remaining 70%. UCSI will handle the school's education and operations, while CHGP will handle the campus development.
The partnership allows CHGP to benefit from the long-term growth potential of the education sector, said the company's group CEO for the property development division, Chang Tze Yoong. Together, CHGP and UCSI aim to create a community growth catalyst, attract talent and generate long-term value across the broader development.
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