The Exchange TRX
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The Exchange TRX, formerly known as TRX Lifestyle Quarter[1], is an upcoming lifestyle shopping mall within the Tun Razak Exchange (TRX) located in the eastern side of Kuala Lumpur, Malaysia.[2] The shopping mall is a 17-acre retail-led mixed development currently under construction and is being developed by Australian developer and infrastructure firm, Lendlease Development Malaysia Sdn Bhd (60%) along with TRX City Sdn Bhd or TRXC (40%) which is a wholly owned subsidiary of the Malaysian Minister of Finance Inc.[3] It will be located underneath a 10-acre central park in the financial district. The Exchange TRX development has a forecast gross development value of over RM9.5 billion once completed. The mall is expected to be completed by 2022
The area consists of 2.2 million sq ft of retail space, which can accommodate about 500 new stores, as well as 2,400 apartments across six towers, a hotel and small office space building.[4] There have also been reports that Apple Inc. was in discussions to open its very first retail store in Malaysia and is expected to open in TRX, the new financial and business hub in the country, as year as next year. According to it, few Apple Retail Store representatives have visited Malaysia recently in April to negotiate with the management of The Exchange TRX about .[5]
Among the anchor tenants being leased to are Dairy Farm Group, parent of Cold Storage & Giant, Seibu Department Stores and Golden Screen Cinemas.
References[edit]
- ↑ "Funding for TRX Lifestyle Quarter on the line". Edgeprop.my. Retrieved 2021-09-12.
- ↑ "The masterplan". www.theexchange.my. Retrieved 2021-09-12.
- ↑ News. "The Exchange TRX on track for completion". The Malaysian Reserve. Retrieved 20 April 2021. Unknown parameter
|url-status=ignored (help) - ↑ Bernama (2020-01-19). "Lendlease targets to lease 90 pct of The Exchange TRX retail by end-2021". Malaysiakini. Retrieved 2021-09-12.
- ↑ Alexander Wong. "Report: Malaysia's first Apple Store may open in Kuala Lumpur in 2022 | Malay Mail". www.malaymail.com. Retrieved 2021-09-12.
External links[edit]
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