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News About TRX

Arul Kanda: Measure 1MDB’s success via TRX, Bandar Malaysia

By Bernama Mar 21

JOHOR BAHRU (March 21): 1Malaysia Development Bhd’s (1MDB) chief executive officer Arul Kanda Kandasamy wants the company's success to be measured through the realisation of constructing its two mega projects — the Tun Razak Exchange (TRX) and Bandar Malaysia.

No discount given to Indonesian firm for sale of TRX land, says MoF Inc

By Chester Tay Mar 08

KUALA LUMPUR (March 8): The Minister of Finance Inc (MoF Inc) said today no discount was accorded to Indonesia's Mulia Group when the latter bought a 3.42-acre land in Tun Razak Exchange (TRX) here for RM665 million back in May 2015.

Headwinds in the office market thanks to supply glut

By Lum Ka Kay Jan 23

PETALING JAYA (Jan 22): The Kuala Lumpur office market is likely to remain subdued due to supply glut, with developments such as Tun Razak Exchange (TRX), Merdeka PNB 118 and Sapura Tower nearing completion, said property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd in their “Kuala Lumpur Q4 2017: Retail sector was undergoing stress test” report.

Almost half of The Exchange 106 leased out

By Jan 12

PETALING JAYA (Jan 12): The Exchange 106 — which, upon its completion by the end of this year, will be the tallest building in Southeast Asia at 492m — has leased out almost half of its space, reported The Star.

Pua: Putrajaya continues bailout of 1MDB with 106 Exchange Tower buy

By Surin Murugiah Jan 09

KUALA LUMPUR (Jan 9): An opposition lawmaker has questioned the need for the government to use taxpayers’ funds to get involved in another mega-property project.

MoF may have bought 51% stake in TRX office tower developer, say sources

By Jan 06

PETALING JAYA (Jan 6): The Minister of Finance (MoF) is believed to have acquired a 51% stake in Mulia Property Development Sdn Bhd, which is developing The Exchange 106 skyscraper — poised to be the tallest building in Southeast Asia — at the Tun Razak Exchange in Kuala Lumpur .

Savills: TRX poised to be Malaysia’s most successful commercial development

By Natalie Khoo Jan 03

KUALA LUMPUR (Jan 3): The Tun Razak Exchange (TRX) is set to be the most successful master-planned development in 2018, said Savills Malaysia Sdn Bhd (Savills) managing director Datuk Paul Khong.

Menara Prudential ready to be handed over in 1Q19

By Dec 05

PETALING JAYA (Dec 5): Menara Prudential at the new Tun Razak Exchange (TRX) financial district is expected to be completed with interior fit-outs and services and ready to be handed over to its anchor tenant by 1Q19.