News about Tun Razak Exchange

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.

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.

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.

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 Bhd (Nov 16, RM3.

KUALA LUMPUR (Nov 7): Analysts have expressed mixed views on the proposal by Mass Rapid Transit Corp Sdn Bhd (MRT Corp) to call and invite construction and infrastructure firms to submit for a bid to build, on a turnkey basis, and finance the upcoming third mass rapid transit line (MRT3), estimated to cost around RM40 billion.

KUALA LUMPUR (Sept 15): Construction works for the Tun Razak Exchange (TRX) Lifestyle Quarter is now in full swing as Lendlease, the joint developer of the project, said it has received all relevant approvals for the next stage of development.

KUALA LUMPUR (Sept 14): TRX City Sdn Bhd, the master developer of Tun Razak Exchange (TRX), has entered into strategic partnerships with both Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) and Stormwater Management and Road Tunnel Sdn Bhd (SMART), to enhance the upcoming financial district's connectivity with the rest of Kuala Lumpur.

KUALA LUMPUR (Aug 21): Prudential Malaysia will be relocating its headquarters to a 27-storey building at the upcoming Tun Razak Exchange (TRX), Malaysia’s first dedicated international financial district.

KUALA LUMPUR (June 16): HSBC Bank Malaysia Bhd is building a new US$250 million (RM1.