Lifestyle precinct at Tun Razak Exchange to open in 4Q2023

The Exchange TRX, the lifestyle precinct of the Tun Razak Exchange (TRX) in Kuala Lumpur, is readied to start in 4Q2023. According to developer Landlease, The Exchange TRX will have more than 400 stores across four retail levels, with 1.3 million sq ft of total net lettable area.

The Exchange TRX will have a 10-acre rooftop public-activated recreation area. Called TRX City Park, it is created by Lendlease in collaboration with landscaping architects Oculus & Pentago. It definitely will feature young children’s play areas, water functions, as well as shaded enclaves. It will even serve as a location to hold fairs plus occasions.

Stores will certainly feature “new-to-market brands, statement outlets, and also reimagined store structures”. Support renters such as Golden Display Cinemas, Japanese chain store Seibu, including Hong Kong’s Dairy Farm Company. There may also be 100 eating shops.

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Wilson puts in that occupancy levels at The Exchange TRC are “well ahead of market ratios”. “Our team believe the diverse retail mix enhanced by vibrant recreation and amusement activations will work as a bottom line of differentiation and even will most likely push visitors to linger longer and also make repeated visits.”

Mitch Wilson, work executive for The Exchange TRX also director of market for Lendlease Malaysia, claims that the fashion district is imagined as a “city-defining assignment” within TRX. “As a global organization, we will definitely display our international placemaking knowledge together with our 43-year background in Malaysia to present our signatory strategy to experimental retail.”

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