Matrix Concepts sees new property ruling to boosts GDV

PETALING JAYA: Matrix Concepts Holdings Bhd said the Negeri Sembilan government’s move to change its affordable housing policy and bumiputera quota will enable a project’s gross development value (GDV) to increase, in a report by The Edge Malaysia (June 29 – July 5 2015 issue), “The people will ultimately benefit as there will be more affordable housing, while developers can still make a profit,” Matrix Concepts founder and group managing director Datuk Lee Tian Hock told the weekly.

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Matrix Concepts to develop Damansara of Seremban

SEREMBAN (April 27): Property developer Matrix Concepts Holdings Bhd expects Bandar Sri Sendayan (BSS) in Seremban to flourish into a town centre similar to that of 1 Utama upon completion in seven to eight years, according to group managing director and CEO Datuk Lee Tian Hock.

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Matrix Concepts' Puchong project GDV likely to increase

KUALA LUMPUR (April 22): The projected gross development value (GDV) of a new residential development project in Puchong by Matrix Concepts Holdings Bhd could be increased up to RM754 million from RM500 million, according to Hong Leong Investment Bank Research, as reported in The Edge Financial Daily today.

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