IN FY2024, THE GROUP SUCCESSFULLY LAUNCHED 13 PROJECTS AT SENDAYAN DEVELOPMENTS WORTH RM1,065.7 MILLION IN GROSS DEVELOPMENT VALUE (“GDV”). CHAIRMAN’S STATEMENT In FY2024, the Group successfully launched 13 projects at Sendayan Developments worth RM1,065.7 million in gross development value (“GDV”), albeit a decrease of 9.3% over RM1,174.9 million in FY2023. The average take-up rate of 75.9% for these projects are indicative of the growing acceptance from homebuyers, particularly those from the Klang Valley. One notable achievement is from Levia Residence in Cheras, was officially launched on 22 January 2024. Being the Group’s second Klang Valley Development, it secured RM111.7 million worth of new sales, just within 3 months of its launch. As at FY2024, the Group’s total landbank stands at 2,032 acres, adequate to cater to development over the next two decades. STRENGTHENING OUR INTERNATIONAL FOOTPRINT As part of its expansion strategy, Matrix had since embarked on a journey to further open out new markets globally and entrench our prowess as a reputable property developer and construction Company. Having already established its presence in Australia, the Group had launched its third project in Melbourne, M333 St Kilda, with an expected completion within FY2026. Located in a trendy Tribeca-style bayside suburb, this 12-storey mixed development with a boutique apartment block is set to follow the successful footsteps of the Group’s earlier two Melbourne projects, M. Carnegie and M. Greenvale. Levia Infinity Pool View M333 St Kilda, Melbourne KEY MESSAGES MATRIX CONCEPTS HOLDINGS BERHAD 28
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