Matrix to buy 2.34ha land in Puchong

KUALA LUMPUR: Matrix Concepts Holdings Bhd is expanding its footprint in Klang Valley with a proposed acquisition of 2.34ha of land-cum-approved residential development project in Puchong for RM95 million. The land is situated near SetiaWalk along the Damansara-Puchong Expressway and a notable hypermarket, the company said in a statement yesterday. Matrix Concepts plans to enhance the development project's residential density and gross development value beyond the RM500 million currently, it added.