MANAGEMENT DISCUSSION & ANALYSIS THE CHAMBERS RESIDENCE KUALA LUMPUR Nestled amidst the skylines of Kuala Lumpur is Chambers Residence, a 509unit, freehold service apartment. Being the Group’s maiden venture into the nation’s capital, it has garnered strong acceptance. Such is its appeal that, as at 31 March 2022, all units have been sold. M333 ST. KILDA AUSTRALIA Matrix’s third and largest Australian project in terms of GDV, the M333 St. Kilda, was launched in FY2023. Located on a 0.6 acre land in the heart of St Kilda, Melbourne, is an eight-storey mixed development. M333 St Kilda is envisioned for a modern-day balanced living environment, especially where work-from-home trends have become increasingly common in the post-pandemic era. GDV sales of this project, with 30.5% being sold, amounts to RM79.8 million. Located strategically just 8km from Melbourne’s central business district, it has excellent access to public transportation, road connectivity and various lifestyle attractions and amenities. MENARA SYARIAH INDONESIA Menara Syariah is located in an area designated as an Islamic Financial District, which forms part of the 23.5-hectare International Financial District in Pantai Indah Kapuk 2 (PIK 2) Waterfront City, Jakarta. It is sitting on 1.4 hectares of the 3.6 hectare plot and has a GDV of RM1 billion. Completed in FY2024, Menara Syariah consists of a commercial and retail building with twin 29-storey office towers, encompassing one million square feet of gross floor area including 23 floors of Grade A office space. It also features a retail strip, a landscaped observation deck, an infinity pool and multiple prayer halls. M333 ST. Kilda Chambers Residence Menara Syariah KEY MESSAGES 49 INTEGRATED ANNUAL REPORT 2024
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