PROPERTY NEWS: Matrix Concepts Forays Into Healthcare Industry

Key takeaway: 

Matrix Concepts made its first step into the healthcare industry in 2019 when it took on the non-clinical operations of Mawar Medical Centre (MMC), which oversees the financial, resource management, and administrative tasks.

The property developer, which has supported non-profit medical organisations in Negeri Sembilan, has inked a 30-year exclusive management deal with MMC to ensure that it can deliver competitive and high-quality healthcare to the general population.

"MMC, a division of Matrix Concepts, aspires to be the country's best healthcare provider. Our long-term plan is to enhance and extend the existing facilities and specialties, which will include oncology, neurology, regenerative medicine, and even a branch dedicated to Traditional Chinese Medicine. When the expansion is finished in the future, the number of beds will increase from 48 to a total of 90.

"MMC's healthcare costs will remain reasonable. The goal is to ensure that the general population has simple access to high-quality, affordable healthcare "Dr. Ong Chiew Ping, MMC's chief executive officer, stated.

MMC presently provides subsidised dialysis services to over 150 dialysis patients as part of its targeted welfare initiative for the poor and vulnerable.

Matrix Concepts will gain crucial experience and skills in the healthcare sector as a result of the transfer, thanks to its 30-year presence in MMC. This would help Matrix Concepts in its future efforts to construct a diverse and sustainable property development with all of the requirements nearby, including healthcare. MMC is considering wellness real estate investments in the near future, in line with Malaysia's plans to expand its healthcare travel sector.

Matrix Concepts has ventured into the building, education, and hospitality industries as one of Malaysia's premier property developers. Matrix Global Schools, Matrix Concepts' award-winning international school, caters to private students from preschool through secondary education in the education industry. It is conveniently located within Matrix Concepts' self-sustaining Bandar Sri Sendayan development.

Both d'Tempat Country Club and d'Sora Boutique Business Hotel, are Matrix Concepts’ hospitality projects. The former is a top-notch club with excellent recreational, athletic, and culinary options. The clubhouse is also a high-end venue for a variety of events. The latter is a business hotel that provides all of the necessary amenities for any traveller.

©️ June, 2022, mchb.com.my