PROPERTY developer Matrix Concepts Holdings Berhad has set an ambitious sales target of RM1.6 billion for the financial year ending 31 March 2026 (FY2026).
To realise its growth ambitions, the Group is charting project launches worth up to RM1.7 billion in FY2026, with strong emphasis on its flagship Sendayan Developments in Seremban, Negeri Sembilan.
At the same time, the Group is broadening its earnings base through strategic expansion in the Klang Valley, with the launch of Levia @ Puchong - its third high-rise residential project in the region - building on the strong market reception to Levia Residences in Cheras, Kuala Lumpur.
"In our efforts to further improve revenue stream, the Group is positioning itself to reinvigorate the contribution from the southern region and capture new growth potential with the rollout of affordable landed projects in Bandar Seri Impian, Kluang, Johor.
"The township is set to benefit significantly from the upcoming completion of the Kluang - Johor Bahru Electric Train Service (ETS), which will dramatically enhance regional connectivity and attract a new segment of homebuyers working in Johor Bahru who are seeking quality homes at exceptional value," it said in a statement.
Beyond property development, Matrix Concepts remains deeply committed to contributing to the local community through its education arm, Adcote Matrix Schools (“AMS”) at Sendayan Developments.
In FY2025, student enrolment increased by 18.9% to 850 students, driving a 64.0% revenue growth to RM24.6 million.
Mawar Medical Centre, the Group’s healthcare arm in Seremban, has continued to strengthen its role as a key community healthcare provider, with patient load rising 8.6% to 88,243 in FY2025 and revenue surging 164% to RM13.2 million from RM5.0 million in the previous year.
To meet growing demand, bed capacity was expanded to 97 in FY2026, with an additional 12 beds completed and pending approval by the Ministry of Health to raise capacity to 109 in FY2026, alongside plans for a further 16 beds in the second half of the year. - August 30, 2025
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