Matrix hits RM1.2bil target for new property sales

For FY24, Mohamad Haslah said the group is “cautiously optimistic” of its outlook, and plans more property launches to capitalise on improving market conditions.

PETALING JAYA: Matrix Concepts Holdings Bhd, which achieved its target new property sales of RM1.2bil in financial year ended March 31, 2023 (FY23) from its Malaysian developments, says its recent new property launches in Sendayan Developments have achieved high take-up rate of more than 90% on average within three months.

Going forward, chairman Datuk Haji Mohamad Haslah Mohamad Amin believes that the strong demand will be maintained and that the property developer will continue to strengthen its presence in Negri Sembilan, as well as identify landbanking opportunities to complement its current reach.