Matrix concepts to launch RM1.3 bln worth of projects this year

SEREMBAN, Matrix Concepts Bhd is targeting to launch RM1.3 billion worth of projects comprising residential and commercial developments this year.

Its chief marketing officer Lim Kok Yee said the company is confident in achieving the target despite a slight slump in the property sector recently.

Despite the slump, we had attained our target to launch RM1 billion worth of project last year, and we believe the sector will improve this year, he told a press conference after a media tour at the site of Lunaria’s second phase project here today.

He said among the projects that are scheduled for launch this year include Lunaria’s third phase.

The third phase comprises 175 units of superlink house which will be launched this July and is expected to complete in the next two years, he said.

Lim said the project’s first phase consisted of 129 units of superlink house was sold out while the second phase comprising 232 units is almost sold out with only 40 units still unsold.

Source: BERNAMA (News Agency)