FORWARD FOCUS – OUR STRATEGIC PRIORITIES FINANCIAL AND BUSINESS PRIORITIES Matrix continues to pursue definitive strategic plans centred on business growth. Key factors underpinning its continued business growth include strong unbilled sales of RM1.4 billion, ample and strategically located landbank (with a GDV of RM15.80 billion) and supportive external operating conditions comprising continued strong demand for properties, especially mid-ranged properties, a recovering domestic economy and provision of government incentives for first-time homeowners. Projects No. of Units / Type FY2024 GDV (RM’ million) 1Q 2Q 3Q 4Q Bayu Sutera 6 (Precinct 4A-3) 128 units / residential houses 85.5 - - - Bayu Sutera 7 (Precinct 3B) 200 units / residential houses - - 118.5 - Hijayu (Resort Villa) Phase 1,2,3 46 units / 2-storey bungalows 110.0 - - - Eka Height Precinct 3A 275 units / 2-storey terrace houses - 109.3 - - Eka Height Precinct 3B 155 units / 2-storey terrace houses 61.6 - - - Eka Height Precinct 8 564 units / 2-storey terrace houses - - - 271.5 Eka Height Precinct 10 26 units / 2-storey terrace houses & 211 units / single-storey terrace house - - 62.8 - Irama Sendayan 2 – Precinct B 89 units / residential houses - 45.0 - - Irama Sendayan 2 – Precinct C 283 units / residential houses - - 135.6 - Irama Sendayan 2 – Precinct D 144 units / residential houses - - - 73.7 Tiara Sendayan 19 (P16A) 206 units / 2-storey terrace houses 64.8 - - - Tiara Sendayan 21 (P16B) 130 units / 2-storey terrace houses 66.2 - - - Cheras Land 1 service apartment - - 532.0 - Total (RM’ million) 1,736.5 Leveraging on the many positives, Matrix will drive continued sales and business growth with over RM1.73 billion in new project launches to be brought to market in FY2024. INTEGRATED ANNUAL REPORT 2023 MATRIX CONCEPTS HOLDINGS BERHAD 92 VALUE CREATION STRATEGIC REVIEW
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