GDV of ongoing projects reached RM3.16 billion (FY2022: RM2.83 billion) an increase of 11.7% compared to the previous year, highlighting the growing size of the Group’s property development operations. A total of 1,794 units were completed during the financial year with a GDV of RM992.2 million (FY2022: RM1.0 billion). Project launches in FY2023: Project Type Units Launched Est GDV (RM’ mil) Bayu Sutera 3 (Precinct 1B) DST 190 122.1 Bayu Sutera 4 (Precinct 1A) DST 193 113.7 Bayu Sutera 5 (Precinct 4A1) DST 227 151.7 Bayu Sutera 6 (Precinct 4A2) DST 70 49.6 Hijayu (Residence) Phase 2 (Parcel 1) (Resort Residence 2A) DST 126 98.7 Hijayu (Residence) Phase 2 Parcel 2 (Resort Residence 2B) DST 84 68.1 Impiana Bayu 3B1 (Phase 1) DST 195 93.6 Irama Sendayan 1 SST 36 9.0 DST 156 82.8 Irama Sendayan 2A SST 138 34.9 DST 75 31.0 Laman Sendayan Biz DST 60 64.0 Nusari Aman 3 DST 219 118.8 STV Biz SDF 32 33.0 Comm Lots 1 2.5 Tiara Sendayan 12 (Precinct 14A) DST 80 32.5 Tiara Sendayan 13 (Precinct 14B) DST 71 30.2 Tiara Sendayan 14 (Precinct 15A&B) DST 235 128.2 Tiara Sendayan 15 (Precinct 14 Balance) DST 19 8.7 RESIDENTIAL AND COMMERCIAL PROPERTIES SENDAYAN DEVELOPMENTS (Negeri Sembilan) Matrix’s award-winning Sendayan Developments in Negeri Sembilan comprise of Bandar Sri Sendayan, Ara Sendayan, Tiara Sendayan, Eka Heights, Laman Sendayan and Irama Sendayan. In FY2023, sales at Sendayan stood at RM1.08 billion (FY2022: RM1.20 billion). Average take-up rate recorded was 91.3% (FY2022: 88.0%) with unbilled sales standing at RM1.36 billion (FY2022: RM1.10 billion). As at 31 March 2023, estimated GDV for ongoing projects stood at RM2.37 billion (FY2022: RM1.65 billion). Sendayan Developments saw 15 new launches in FY2023, with GDV totalling RM1.18 billion (FY2022: 9 launches with a GDV of RM917.8 million) as the Group ramped up launches considering solid demand at its flagship development. MANAGEMENT DISCUSSION & ANALYSIS Resort Villa INTEGRATED ANNUAL REPORT 2023 MATRIX CONCEPTS HOLDINGS BERHAD 49
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