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The Star

25 August, 2025

Timely move for Matrix Concepts

RHB Research and HLIB Research back Matrix Concepts' MVV City and Klang Valley diversification as timely, with stronger sales momentum expected to support the RM1.6B FY2026 sales target.

Editorial.

It is always encouraging when independent research houses see our strategy the way we do. Both RHB Research and Hong Leong Investment Bank Research have highlighted our diversification into MVV City industrial plots and the Klang Valley as a timely and well-positioned move, one that should support stronger sales momentum as we ramp up launches toward our RM1.6 billion FY2026 target. For us, this validation reflects years of deliberate groundwork, and we are confident the results will speak for themselves in the quarters ahead. Find out more about our developments across Malaysia.

The Story.

Property developer Matrix Concepts Holdings Bhd’s earnings momentum is expected to be supported by the upcoming Malaysia Vision Valley City (MVV City) project, unbilled sales and industrial projects located in Negri Sembilan and residential launches in the Klang Valley.
RHB Research expects property sales to be stronger as the company ramps up launches and have higher contributions from industrial plots in MVV City.

“This should help to drive Matrix Concepts to meet its financial year 2026 (FY26) RM1.6bil sales target (FY25: RM1.38bil),” it said. Hong Leong Investment Bank Research views the company”s move to diversify to MVV City and the Klang Valley from its flagship Bandar Sri Sendayan project focused on residential properties in Negri Sembilan, as a ‘timely move”.