Matrix to boost sales of properties

by | Jan 24, 2024 | Business, NATIONAL, NEWS, PROPERTIES | 0 comments

Seremban based property developer, Matrix Concepts Holdings Bhd, is on course to achieve its sales target of RM1.35 billion for its financial year ending March 31, 2024 and plans to boost sales even higher for the next fiscal year.

The group stated that it was cautiously optimistic about the current property market due to a thriving economy, the increase in Foreign Direct Investment (FDI) as well as the growth in inquiries about its development projects.

Matrix Concepts recently announced the launch of Levia Residence which is its second project in the Klang Valley and they report that response from intending purchasers for the project located in Cheras has been overwhelming.

In fact, the first of the two towers within the development had achieved a take up rate of nearly 75 percent and the group plans to officially launch the second tower of the project which is identical to the first tower.

Levia Residence offers residential units ranging from 767 sq ft to 1,363 sq ft and is expected to be completed in the third quarter of 2027. It spans over 4.7 acres of land comprising two 36 storey towers with a total of 778 units.

The project has a Gross Development Value of RM523 million and offers a total of 25 facilities including gardens, a farm kitchen, an infinity pool, jacuzzi, sky lounge, outdoor deck, children’s playground and gymnasium.