Recognition a mark of achievement for developer


Matrix Concepts management team celebrating the milestone at the awards night in Kuala Lumpur.

MATRIX Concepts Holdings Bhd has achieved another milestone by securing a top 10 spot at the Malaysia Developer Awards (MDA) 2024 in the Top-of-the-Chart Award for Market Cap RM1bil and above category.

Its chief executive officer Chai Keng Wai said the recognition reaffirmed the company’s steady growth, industry leadership and unwavering commitment to delivering quality developments that enrich local communities.

“This recognition marks a significant achievement for us at Matrix Concepts,” he said.

“It highlights our focus on community-centric developments and our efforts to deliver projects that positively impact the lives of those we serve.

“We are proud of this accomplishment and are excited to continue growing, pushing boundaries and shaping the future of Malaysia’s property landscape.”

The MDA, a leading industry event, honours developers who demonstrate excellence in creating innovative, sustainable and high-quality projects that contribute to the growth of the real estate sector.

It is a collaboration between FIABCI Malaysia and Star Media Group that sets a definitive benchmark for excellence in the property development landscape.

Partners for the event were NS BlueScope Malaysia Sdn Bhd (Platinum), UAC Bhd (Silver) Carlsberg Malaysia and Wineplug (Beverage).

Matrix Concepts’ inclusion in the Top 10 is also testament to the company’s dedication to building bonds and bridging lives through thoughtfully designed townships and developments, Chai said.

In addition to its growth in Negri Sembilan, Matrix Concepts has made major strides in expanding its footprint across Malaysia.

The company’s developments in Johor and Klang Valley have been well-received, reflecting its ability to meet market demands for innovative and modern homes.

“Internationally, Matrix Concepts has successfully completed projects in Australia, further enhancing our reputation as a developer with a global outlook.

“Having already ventured into Indonesia, we are now actively exploring new opportunities to further expand our presence in the region, marking the next chapter of growth and expansion in South-East Asia,” said Chai.

With over 25 years in the industry, he added that Matrix Concepts had consistently championed innovative solutions and sustainable growth in its development projects.

The company’s community-driven ethos and vision positioned it as a leader, he said, more so with signature projects such as Bandar Sri Sendayan that had set a benchmark for integrated township development in Malaysia.

“Matrix Concepts remains committed to exploring new possibilities, nurturing its relationships with stakeholders and delivering developments that resonate with both homebuyers and investors.

“This achievement serves as a stepping stone towards even greater success in the future,” Chai said.

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