News about TRX

KUALA LUMPUR (Feb 3): Although the Malaysian property market is experiencing slow recovery due to oversupply, Australian-based infrastructure and property group Lendlease Group is confident there will be demand for its ‘value-proposition’ residential tower in the upcoming financial district here, the Tun Razak Exchange (TRX).

KUALA LUMPUR (Jan 15): The retail portion of The Exchange TRX (pictured) is 50% leased and committed compared with 26% a year ago, while “final negotiations” on retail tenancies are on-going, Lendlease Asia chief executive officer Tony Lombardo told The Star in a recent report.

KUALA LUMPUR (Dec 21): Never mind the sceptics.

More positive news and events came out of 2019 than in 2018, for sure.

KUALA LUMPUR (Dec 18): Tun Daim Zainuddin (pictured) is worried that the Bandar Malaysia mega development could exacerbate the oversupply of property in the country.

PUTRAJAYA (Dec 17): TRX City Sdn Bhd, a wholly owned subsidiary of the Ministry of Finance Inc has signed an agreement with IWH CREC Sdn Bhd (IWH-CREC) to develop the reinstated Bandar Malaysia mega project.

PUTRAJAYA (Dec 17): Prime Minister Tun Dr Mahathir Mohamad said the government will go ahead with the Kuala Lumpur-Singapore High Speed Rail (HSR) after making "some adjustments" to reduce the project's costs.

  KUALA LUMPUR (Nov 25): China-based China Communications Construction Group (CCCG) and joint venture partner WCT Holdings Bhd has launched Core Residence @ TRX in Kuala Lumpur today.

KUALA LUMPUR (Nov 15): Putrajaya is to bear the difference of RM10.

KUALA LUMPUR (Nov 4): Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured, left) today revealed that most of the funds raised by the sovereign wealth fund intended to be utilised for the development of Tun Razak Exchange (TRX) and Bandar Malaysia had instead gone to PetroSaudi International Ltd (PSI).