management discussion and analysis LEVIA RESIDENCE (Kuala Lumpur) Levia Residence is an exclusive high-rise condominium comprising 778 thoughully designed units, strategically located in Southern Kuala Lumpur (Cheras). Boasঞng excellent connecঞvity and accessibility to major highways, the development is cra[ed for modern urban living with a comprehensive range of lifestyle ameniঞes. As the Group’s second venture into the capital city, Levia Residence has been very well received by the market. As of FY2025, 59.9% of the units have been sold, reflecঞng strong demand and buyer confidence. M333 ST KILDA (Australia) Matrix’s largest Australian undertaking to date by GDV is the M333 St Kilda project. Launched in July 2022, this eight-storey mixed development occupies 0.6 acres in the central St Kilda area of Melbourne and is targeted to be completed in August 2025. M333 St Kilda is designed to cater to a contemporary, balanced lifestyle, parঞcularly reflecঞng the rise of work-from-home trends in the post-pandemic landscape. With a GDV of RM289.8 million, the development has achived 39.0% take-up as of 31 March 2025. It is strategically located just eight kilometers from Melbourne’s central business district, and offers excellent access to public transport, road networks, and a variety of lifestyle opঞons and conveniences. MENARA SYARIAH (Indonesia) Menara Syariah, completed in FY2024 with a GDV of RM1.0 billion, is situated within the Islamic Financial District at Pantai Indah Kapuk 2 Waterfront City, Jakarta. Occupying 1.4 hectares of a 3.6-hectare plot, Menara Syariah is a commercial and retail building featuring twin 29-storey office towers. It offers one million square feet of gross floor area, including 23 floors of Grade A office space, along with a retail strip, a landscaped observaঞon deck, an infinity pool, and mulঞple prayer halls. The Group is currently in discussions with prospecঞve buyers and tenants for the sale of one block and to lease the other. Levia Residence, Klang Valey M333 St Kilda, Australia Menara Syariah, Jakarta 44 MATRIX CONCEPTS HOLDINGS BERHAD INTEGRATED ANNUAL REPORT 2025 03 KEY MESSAGES
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