Pua: Putrajaya continues bailout of 1MDB with 106 Exchange Tower buy
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.
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.
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 .
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.
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.
KUALA LUMPUR (Dec 5): Despite an announced freeze of approvals for shopping complexes, offices and condominiums priced above RM1 million, developers can still build offices and shopping malls, provided they justify their projects to the relevant minister, according to second finance minister Datuk Johari Abdul Ghani.
PETALING JAYA (Nov 21): IJM Corp Bhd (IJM) is developing Menara Prudential at the international financial district Tun Razak Exchange (TRX), said IJM and TRX City Sdn Bhd in a press statement today.
KUALA LUMPUR (Nov 8): DAP lawmaker Tony Pua has branded Prime Minister Datuk Seri Najib Razak’s claim that the information on the cost and size of the land in the Tun Razak Exchange (TRX) acquired by Aroma Teraju Sdn Bhd from 1Malaysia Development Bhd (1MDB) in 2015 is confidential as a “cover up” of the Finance Ministry’s (MoF) excessive payments.
KUALA LUMPUR (Oct 4): TRX Residences, the residential component of the 17-acre TRX Lifestyle Quarter, is aiming to launch its first homes sometime in 1Q18.