Over 400 stores will be spread across four retail levels of The Exchange TRX
The Exchange TRX, the lifestyle area of Tun Razak Exchange (TRX), the Tun Razak Exchange (TRX) located in Kuala Lumpur, is set to be open by the end of 4Q2023. As per developer Landlease, The Exchange TRX will feature more than 400 shops spread across four levels of retail and 1.3 million square feet of net lettable area.
Skywaters Residences launch price for retail space of 86,187 sq ft and offices covering 847,808 sq ft of total Gross Floor Area (GFA).
Stores will feature “new-to-market brands such as statement stores, as well as new store designs”. Tenants that anchor the store include Golden Screen Cinemas, Japanese department store Seibu as well as the Hong Kong-based Dairy Farm Group. In addition, there will 100 restaurants.
Mitch Wilson, project director for The Exchange TRX and head of retail for Lendlease Malaysia, says that the lifestyle precinct has been conceived as an “city-defining concept” in TRX. “As an international company we’ll showcase our global expertise in placemaking as well as our 43-year heritage in Malaysia to showcase our unique method of experiential retail.”
Wilson states that the occupancy levels are at The Exchange TRC are “well above market ratios”. “We believe that our diverse range of shops, along with the dynamism of entertainment and leisure events can be a significant element of differentiation that will encourage visitors to stay longer and return.”
Exchange TRX Exchange TRX will have a 10 acres of rooftop public-activated park. The park is named TRX City Park the park was created by Lendlease and in collaboration together with the landscape architect Oculus & Pentago. It will feature play areas for children, zones, water-based features and shaded enclosures. It will also be an area for events and exhibitions.