management discussion and analysis RESIDENTIAL AND COMMERCIAL PROPERTIES SENDAYAN DEVELOPMENTS (Negeri Sembilan) As of 31 March 2025, sales for Sendayan Developments reached RM1.0 billion (FY2024: RM1.0 billion), with an 80.2% average take-up rate (FY2024: 86.1%) and unbilled sales of RM1.1 billion (FY2024: RM1.1 billion). Standing proud as Matrix’s flagship development, this award-winning township in Negeri Sembilan was launched in 2006 with Bandar Sri Sendayan. It has since evolved to include other developments, namely Ara Sendayan, Tiara Sendayan, Eka Heights, and Laman Sendayan. The ongoing projects hold an esঞmated GDV of RM1,812.3 million as at 31 March 2025 (FY2024: RM2.1 billion), indicaঞve of its ongoing sustained momentum of growth. In FY2025, the Group launched 5 new projects with a combined GDV of RM1,136.9 million (FY2024: RM1.1 billion), reflecঞng rising market demand for its flagship developments. BANDAR SRI IMPIAN (Johor) Bandar Sri Impian (“BSI”) township spans 1,209.5 acres in Kluang, Johor. Adopঞng a well curated masterplan, it comprises a mix of residenঞal and commercial properঞes, shopping areas, a transportaঞon hub, and various insঞtuঞons, alongside community ameniঞes like a mosque, school, and market, all set within a scenic, undulaঞng landscape. In the fiscal year 2025, BSI recorded new property sales of RM71.9 million, an increase of 36.2% from the RM52.8 million in FY2024. The take-up rate for the 2 ongoing projects also saw a mid-ranged rise, reaching 53.8% in FY2025 compared to 45.6% in the previous year. As of 31 March 2025, unbilled sales for BSI amounted to RM51.5 million, up from the RM36.2 million recorded as at FY2024. Bayu Biz, Bandar Sri Sendayan Impiana Damai, Kluang Johor 43 MATRIX CONCEPTS HOLDINGS BERHAD INTEGRATED ANNUAL REPORT 2025 03 KEY MESSAGES
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