Matrix Concepts Holdings Bhd is expected to deliver stronger growth in financial year 2027 (FY27), supported by improving property sales momentum, industrial land transactions, and strategic development projects. According to MBSB Research, Matrix’s new sales are projected to reach RM1.8 billion in FY27, representing a 20% increase compared with the RM1.5 billion achieved in FY26.

The research house highlighted that Matrix’s current valuation does not fully reflect its strong fundamentals, with the company’s share price trading at a two-year low despite positive long-term prospects. Growth drivers include continued demand for Bandar Sri Sendayan, industrial land sales, and the launch of Levia Residence in Puchong.

Another key growth catalyst is MVV City, particularly MVV TechValley, which is expected to benefit from increasing demand for industrial and logistics developments. The upcoming Nilai–Labu–Bandar Enstek Highway, expected to be completed in 2027, is also expected to further enhance connectivity and attractiveness of the area for industrial and township development.

MBSB Research maintained its “Buy” recommendation on Matrix, with a target price of RM1.55 per share, supported by expectations of stronger earnings growth and improving business fundamentals.

Overall, Matrix is strengthening its position as a developer of sustainable communities and economic ecosystems, where residential, industrial, commercial, and infrastructure developments work together to create long-term value for residents, businesses, and investors.