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News About Tun Razak Exchange

Almost half of The Exchange 106 leased out

By EdgeProp.my 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.

Finance Minister II neither denies nor confirms MoF’s acquisition of 51% stake in TRX office tower developer

By Shawn Ng Jan 11

KUALA LUMPUR (Jan 11): Minister of Finance II Datuk Seri Johari Abdul Ghani did not confirm or deny a report stating that the Minister of Finance (MoF) had bought a 51% stake in Mulia Property Development Sdn Bhd — the developer of The Exchange 106 at the Tun Razak Exchange in Kuala Lumpur.

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

By EdgeProp.my 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: Properties increasingly assessed by MRT station proximity

By Natalie Khoo Jan 03

KUALA LUMPUR (Jan 3): As the Mass Rapid Transit (MRT) line is rapidly gaining wide acceptance and changing commuter patterns, properties will increasingly be assessed by the distance from the stations, said Savills Malaysia Sdn Bhd (Savills) managing director Datuk Paul Khong.

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.

Malaysia tops Southeast Asia as new retail expansion market

By Natalie Khoo Jan 03

KUALA LUMPUR (Jan 3): Malaysia is the most attractive place for retail brands to expand into Southeast Asia, thanks to its strategic location, low taxes, and barriers to entry compared with other countries in the region, said Savills Malaysia Sdn Bhd (Savills) deputy executive chairman Allan Soo.

Malaysia’s tallest building to be completed in 2Q18

By EdgeProp.my Dec 21

PETALING JAYA (Dec 21): The Exchange 106 at Tun Razak Exchange is poised to be Malaysia’s tallest building once it is completed in 2Q18, according to the New Straits Times.

JLL Malaysia: Temporary development curbs will bring “much-needed” relief

By Shawn Ng Nov 22

PETALING JAYA (Nov 21): The temporary freeze on approvals for the development of shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million will be a much-needed relief for landlords or owners of office and residential buildings as it will allow the market to absorb the existing large supply through rising population growth, urbanisation and migration to cities, said JLL Malaysia associate director, research and consultancy Veena Loh.

IJM invests RM500m in Menara Prudential in TRX

By Shawn Ng Nov 21

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.

IJM Corp shows good long-term growth prospects

By Affin Hwang Capital Research Nov 17

IJM Corp Bhd (Nov 16, RM3.03)