Matrix Concepts tops out RM523 mil Levia Residence KL in Cheras

Joanna Ong / theedgemalaysia.com
5 March, 2026
Updated:about 5 hours ago
(From left) Matrix Concepts co-CEO of property development division (central) Robert Tay, executive director cum chief financial officer Louis Tan, director Vijayam Nadarajah, director Datuk Seri Kamaludin Md Said, founder and group executive deputy chairman Datuk Seri Lee Tian Hock and his spouse Datin Seri Yong Chou Lian, group executive director Kelvin Lee, director Loo See Mun, director Chua See Hua and co-CEO of property development division Chai Keng Wai. (Photo by Mohd Izwan Mohd Nazam/The Edge)

KUALA LUMPUR (March 5): Seremban-based developer Matrix Concepts Holdings Bhd (KL:MATRIX) topped out Levia Residence Kuala Lumpur in Pandan Perdana, Cheras on Thursday. The project has an 88% taken-up rate and is on track for completion in early 2027.

Levia Residence KL marks the group’s second development in the Klang Valley after completing Chambers KL in 2018. It is also the first project under its Levia collection and the group’s first high-rise project undertaken by its in-house construction team.

Nestled on a 4.71-acre tract, the project offers 778 units spread across two 36-storey residential towers. The unit built-up sizes range from 938 to 1,364 sq ft, and are priced from RM660 psf. The project carries a gross development value (GDV) of RM523 million.

Location (in olive) of Levia Residence KL (source: EPIQ)

“Cheras continues to grow supported by MRT (mass rapid transit) connectivity and its proximity to TRX (Tun Razak Exchange). Demand in this corridor remains strong,” said Matrix Concepts group executive director Kelvin Lee Chin Guan in the project’s topping out ceremony.

Meanwhile, the second project under Levia collection—Levia Puchong, is expected to be launched in the second quarter of 2026. The project will have a GDV of RM750 million and offers 1,336 units targeting the working adults seeking proximity to amenities.

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