Matrix Concepts Gifts 19 Condos To Malaysia Women’s Basketball Team

Matrix Concepts Gifts 19 Condos To Malaysia Women’s Basketball Team

Property development company Matrix Concepts awarded 19 units of its Levia Residence condominium to the Malaysian women’s basketball team. The condos are worth RM648,000 each.

The Malaysian players and coaches had brought home the gold medal for the 2015 and 2017 SEA games.

19 team members received condos

The sale and purchase agreement (SPA) signing and press conference was shared on the Malaysian Basketball Association (MABA) official Facebook page.  A total of 14 players, three coaches, and two MABA staff received the condominium units.

Matrix Concepts founder and group executive deputy chairman Datuk Seri Lee Tian Hock  oversaw the SPA signing ceremony with MABA.  He said the players deserved a stable home in recognition of their achievements.

“These players have been with the association since the age of 13 to 14 years old. Now, they are nearing the age of retirement and [I found out that] many of them can’t even afford a home,” said Lee.

Levia Residences in Cheras is a two-tower condominium with a gross development value of RM520 million and spans 4.74 acres of leasehold land.

The property has a total of 778 units with four types of layout — Type A (767 sq ft), Type B (938 sq ft), Type C (1,109 sq ft) and Type D (1,364 sq ft). It is targeted for completion by 3Q2027.

Read more: What Is The Difference Between Sinking Fund And Maintenance Fees

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