The Exchange 106

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The Exchange 106
Malay: Menara Exchange 106
The Exchange 106 20230317.jpg
The Exchange 106 in 2023
The Exchange 106
Former namesSignature Tower
Alternative namesTRX 106, TRX Signature Tower
General information
StatusCompleted
TypeOffice
Location Jalan Tun Razak, Kuala Lumpur, Malaysia
AddressLingkaran TRX, Tun Razak Exchange, 55188 Kuala Lumpur, Malaysia
Construction startedMay 2016;7 years ago (2016-05)
CompletedAugust 2019;4 years ago (2019-08)
OwnerMulia Property Development Sdn Bhd
Height
Architectural453.6 m (1,488 ft) [1]
Tip453.6 m (1,488 ft)
Roof453.6 m (1,488 ft)
Top floor397.3 m (1,303 ft)
Technical details
Floor count95 [2]
Floor area453,835 m2 (4,885,000 sq ft)
Lifts/elevators58
Design and construction
Architect(s)Mulia Group Architects; Peter Chan (Architect of Record)
DeveloperMulia Group [3]
Main contractorMulia Group [4]
Other information
Public transit access KG20  PY23  Tun Razak Exchange MRT station
Website
www.exchange106.my
References
[5]

The Exchange 106 (Malay : Menara Exchange 106, formerly known as the TRXSignature Tower, is a 453.6-meter-tall (1,488 ft) supertall skyscraper in Kuala Lumpur, Malaysia. It is the second-tallest building in Malaysia and the third-tallest building in Southeast Asia. The 397.3-meter (1,303 ft) building is topped with an 11-story high illuminated crown, giving it a total height of 453.6 m (1,488 ft). It is also the second largest skyscraper in Malaysia by floor area with 453,835 m2 (4,885,000 sq ft). [5] [6] [7] [8] [9] [10] [11] [12] The tower has a net lettable area of 240,000 square metres (2.6 million square feet). It is also the centerpiece of the new Tun Razak Exchange (TRX) financial district. [13] [14] [15]

Contents

The Exchange 106 is currently the nineteenth tallest building in the world according to the Council on Tall Buildings and Urban Habitat (CTBUH) and the second-tallest building in Malaysia, surpassing the Petronas Twin Towers by 1.7 meters. [16]

As of October 2019, about 46,000 m2 (500,000 sq ft) of Exchange 106's floor space was expected to be taken up by tenants. [17] The floor space is column-less, ranges from 2,600 to 3,200 m2 (28,000 to 34,000 sq ft). [18]

Proposal and development

The skyscraper was first conceptualized when TRX was controlled by 1Malaysia Development Berhad (1MDB), a sovereign fund owned by the Government of Malaysia. On 13 May 2015, 1MDB Real Estate Sdn Bhd (1MDB RE), the master developer of TRX, and the Mulia Group announced that, through Mulia Property Development Sdn Bhd, they had signed a Sale and Purchase agreement for the development rights of the plot of land for the Exchange 106 (then known as the Signature Tower), with the land transacted at a value of RM665 million. [19] Groundwork on the Exchange 106 plot commenced on 1 March 2016, with the mat concrete foundation laid in May 2016 (see "Progress" section below). [20]

Presently, Mulia Property Development Sdn Bhd is 51% owned by the Ministry of Finance through MKD Signature Sdn Bhd and 49% by Mulia International.

Progress

The Exchange 106 was managed by the Mulia Group, [21] with structural construction carried out by the China State Construction Engineering Corporation, through its Malaysian subsidiary China State Construction Engineering (M) Sdn. Bhd. [22]

In May 2016, the tower's foundation concrete pour took place over a weekend and was the second-largest continuous concrete pour in the world. [23] In December 2017, the building was structurally topped out, 19 months after commencement, achieving an average of 3 days a floor. [24]

Exchange 106 achieved its Certificate of Completion and Compliance in September 2019. [25]

TRX shopping mall (The Exchange TRX), located at the foot of The Exchange 106, under construction in May 2019. The Exchange, TRX Kuala Lumpur.png
TRX shopping mall (The Exchange TRX), located at the foot of The Exchange 106, under construction in May 2019.

The construction of the TRX's shopping mall (known as The Exchange TRX) which is located at the foot of the Exchange 106 was expected to be completed by the third quarter of 2021. [26] Later on, the construction of the mall was delayed due to the strict Movement Control Order (MCO) in the country caused by the COVID-19 pandemic. The completion of the mall was pushed back to 2022 and but was subsequently opened in November 2023. [27]

As of December 2021, the overall infrastructure of TRX was at 80 percent completion, while The Exchange TRX mall was expected to be completed in the third quarter of 2023. [28]

Criticism

The tower, along with Merdeka 118, has often been referred by many Malaysians as highly unnecessary and a "national disgrace", with their presence on the Kuala Lumpur skyline "tainted" and signifying the legacy of the scandal. [29] [30]

Transportation

The skyscraper is currently served by the Kajang Line  KG20  and the Putrajaya Line  PY23  with one station, the Tun Razak Exchange MRT underground station on site. The underground station is one of two interchanges between the Kajang and Putrajaya MRT lines.

See also

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References

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