KUALA LUMPUR (March 5) — Seremban-based developer Matrix Concepts Holdings Bhd has officially topped out Levia Residence Kuala Lumpur, its latest high-rise development located in Pandan Perdana, Cheras.
The project has achieved an impressive 88% take-up rate and remains on schedule for completion in early 2027, reflecting continued buyer confidence in well-connected Klang Valley corridors.
Levia Residence KL sits on a 4.71-acre site and comprises 778 units across two 36-storey residential towers. Unit sizes range between 938 sq ft and 1,364 sq ft, with pricing starting from RM660 per square foot. The development carries a gross development value (GDV) of RM523 million.
According to group executive director Kelvin Lee Chin Guan, Cheras continues to see sustained demand due to its MRT connectivity and proximity to the Tun Razak Exchange (TRX), one of Kuala Lumpur’s key financial and commercial hubs.
The area’s established infrastructure, retail amenities and transportation links make it attractive to both owner-occupiers and investors.
Levia Residence KL marks Matrix Concepts’ second completed development in the Klang Valley, following Chambers Kuala Lumpur in 2018.
It is also the first project under the group’s new “Levia” brand collection and the first high-rise development constructed by its in-house construction division — signalling stronger vertical integration and cost control capabilities.
The move demonstrates the developer’s growing confidence in expanding beyond its Negeri Sembilan stronghold into the highly competitive Kuala Lumpur and Selangor markets.
The second project under the Levia collection, Levia Puchong, is expected to launch in the second quarter of 2026. With a projected GDV of RM750 million and 1,336 residential units, the development will target working professionals seeking homes close to commercial centres and lifestyle amenities.
Puchong remains one of Selangor’s most dynamic growth corridors, supported by mature infrastructure, LRT connectivity and strong commercial activity. Its strategic position also makes it highly relevant for investors monitoring:
Factory in Puchong
Industrial land in Selangor
Industrial property in Subang area
Residential growth in Puchong often complements rising demand for nearby industrial and commercial assets, as employment nodes expand across the Klang Valley.
The strong take-up rate at Levia Residence KL highlights continued demand in well-located urban corridors. For investors and developers active in:
Commercial property in KL
Office space in Bukit Jalil
Industrial land in Selangor
Industrial property in Subang area
Factory in Puchong
the sustained residential absorption signals broader economic resilience.
As residential density increases in areas such as Cheras and Puchong, demand for supporting commercial space, business parks and light industrial facilities typically follows. This integrated growth pattern strengthens the long-term appeal of strategically located industrial land in Selangor and commercial property in KL.
Infrastructure connectivity remains a key driver across Kuala Lumpur and Selangor. MRT access, proximity to TRX, and established township amenities continue to underpin residential demand.
At the same time, business expansion in Subang, Shah Alam and Puchong supports parallel growth in:
Industrial property in Subang area
Factory in Puchong
Office space in Bukit Jalil
For property investors, the takeaway is clear: residential, commercial and industrial segments in Klang Valley are increasingly interconnected. Growth in one sector often reinforces performance in others.
Matrix Concepts’ continued expansion into the Klang Valley reflects confidence in this ecosystem — where connectivity, employment hubs and urban convenience remain the pillars of long-term property value.
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