KUALA LUMPUR: Matrix Concepts Holdings Bhd
has marked the structural completion of Levia Residence Kuala Lumpur, its second development in the Klang Valley since entering the market in 2018 with Chambers KL.
The project, with a gross development value (GDV) of RM523mil, has achieved 88% sales, with about 80% of buyers having signed their sale and purchase agreements (SPA).
In a statement, the property developer said the topping-out milestone marks the completion of the building’s main structure and brings the development closer to full completion.
Group executive director Kelvin Lee Chin Chuan said the milestone reflects the group’s measured expansion in the Klang Valley since 2018.
“Levia Residence represents a meaningful milestone in our Klang Valley journey. Since 2018, we have expanded in a measured and disciplined manner. This achievement reflects our confidence in the region’s long-term prospects and the strong collaboration between our teams and partners,” he said.
Levia KL is also the group’s first high-rise project fully undertaken by its in-house construction team, with the structural completion achieved 60 days ahead of schedule.
The group has introduced the Levia brand as part of its urban residential portfolio, with Levia Puchong, a RM750mil development comprising two towers and 1,336 units, slated for launch in the second quarter of this year.
To maintain consistent hospitality standards, Matrix Concepts has also formalised a collaboration with Five Senses Property Management in November 2024.
The group said it will continue expanding its presence in the Klang Valley through a growing development pipeline and strategic land acquisitions.
