Matrix Concepts targets RM1.8 billion in property sales for FY2027

Matrix Concepts Holdings Bhd has set a property sales target of RM1.8 billion for the financial year ending March 31, 2027. This target represents an increase from the RM1.5 billion record achieved in FY2026.

The company plans to support this growth through the launch of new projects valued at RM2 billion across Negeri Sembilan, Klang Valley, and Johor. Early momentum for FY2027 is already evident, with first-quarter sales for the period ending June 30, 2026, rising 9.2 percent to RM416.7 million.

Group revenue for the same period increased 11 percent year-on-year to RM315.6 million. Unbilled sales stood at RM1.5 billion as of late June, providing revenue visibility for the next 15 to 18 months. Key growth drivers include Sendayan Developments and the MVV City integrated development in Negeri Sembilan, which has an estimated gross development value of RM15 billion.