The Exchange TRX

Last updated
The Exchange TRX
The Exchange TRX 20231216 (2).jpg
Mall facade from the Raintree Plaza
The Exchange TRX
Location Tun Razak Exchange, Kuala Lumpur, Malaysia
Coordinates 3°08′34″N101°43′05″E / 3.14264°N 101.71795°E / 3.14264; 101.71795
AddressPersiaran TRX, Tun Razak Exchange, 55188 Kuala Lumpur
Opening date29 November 2023;45 days ago (2023-11-29)
Developer Lendlease Corporation
ManagementLendlease Development Malaysia Sdn Bhd
OwnerLQ Retail Sdn Bhd
(joint venture between Lendlease and TRX) [1]
No. of stores and services400+
No. of anchor tenants 3
(Aurum Theatre by GSC, Seibu and Mercato)
Total retail floor area 1,300,000 sq ft (120,000 m2) [2]
No. of floors4
Parking3 levels
Public transit access KG20  PY23  Tun Razak Exchange MRT Station
Website www.theexchangetrx.com

The Exchange TRX, officially known as Plaza The Exchange TRX, is a shopping mall and complex situated next to the Bukit Bintang shopping district in Kuala Lumpur, Malaysia. It is located off Jalan Tun Razak to the east and Jalan Kampung Pandan to the south. The term "TRX" in its name is a short form of Tun Razak Exchange, the area where the mall was developed at. Part of TRX's Lifestyle Quarter precinct, it includes a hotel block by Kimpton Hotels & Restaurants and an office block built on top of the mall as well as residences right next to it. [3] The Exchange TRX constitutes as one of the first stages in the development of the Tun Razak Exchange district, making it as a primary highlight for the area.

Contents

It is currently anchored by Seibu Department Store, Golden Screen Cinemas' Aurum Theatre and a supermarket under Dairy Farm Group of Hong Kong, Mercato. There are also other smaller scaled anchor tenants such as H&M, Uniqlo, LC Waikiki, Muji and MPH Bookstores. [4] [5]

Overview

Construction of the complex in May 2019 The Exchange, TRX Kuala Lumpur.png
Construction of the complex in May 2019

The mall was built through a partnership and collaboration deal between Australian-based developer Lendlease (Lendlease Development Malaysia Sdn Bhd) and the main developer of the district (TRX City Sdn Bhd), in which the former had owned 60% of the development and the remaining by the latter of which is a subsidiary wholly owned by the Finance Ministry and under the Malaysian government's purview. [6] TRX City Sdn Bhd prior to that was previously known as 1MDB Real Estate Sdn Bhd which was a subsidiary company of the infamous 1Malaysia Development Berhad (1MDB). [7] The development was first known as the TRX Lifestyle Quarter under its working name, hence the company named LQ Retail Sdn Bhd. [8] Taking up 17-acre of space in the district, the development was proposed to include a retail mall alongside hotels, offices, residential condominiums and a park, subsequently forming as the center of the overall TRX master plan. [9] Construction of the mall began in 2017 and was opened to the public on 29 November 2023 along with the operation of the district's underground tunnels in conjunction with TRX's big opening. [10] [11] The Exchange TRX was expected to be completed by third quarter of 2021 but was further delayed due to unfinished construction caused by the strict Movement Control Order (MCO) in the country from the COVID-19 pandemic. [12]

There are more than 400 retailers and eateries, that includes the anchor tenants, spanning across 4 floors of the mall. Many of the retail stores are mid-to-high-end with designer brands occupying the ground level, while the floor below it are taken up by common retailers, restaurants, supermarkets and a food court. [13] The mall contains attractions for children and young adults, with a space for playgrounds on top of the building. A multitude of events take place at the Central Exchange which is the mall's main center. Throughout the year, this space undergoes changes according to seasonal celebrations and can be turned into a stage for special functions, including performances. The mall gets adorned with decorations during the holiday periods. [14]

106 Connection at Level 1 of the mall and Level G of the tower. Exchange 106 Connection with The Exchange TRX (2023-12-09).jpg
106 Connection at Level 1 of the mall and Level G of the tower.

In June 2022, Lendlease had forged a partnership with The Exchange 106 to integrate the mall with its retail lots consisting of two levels which is situated at the foot of the building. The integration of the retail podium forms as the first phase of The Exchange TRX that has a total of 70 units. [15] There is a linked pathway in between the complex and the retail podium called "106 Connection" where it is located at Level 1 and Level 2 of the mall. [16]

Some notable brands and retailers at the mall that have made their debut in Malaysia are La Prairie, Drunk Elephant, Gentle Monster, Maison Kitsuné, Cafe Kitsuné, Alo Yoga, Guerlain boutique, Dolce & Gabbana, Chaumet, Golden Goose, HeyTea, Reborn Coffee, Ben's Cookies, Yogiyo, Ticco, Mil Toast House, Molton Brown, Tipsy Flamingo, Läderach, Tim Hortons, Jamba Juice and more. [17] [18] [19] [20] Previously, there were reports where Apple Inc. was in discussions with Lendlease to open its first retail store in Malaysia at The Exchange TRX. [21]

Rooftop park

View of the TRX City Park TRX City Park at The Exchange TRX (23.12.02).jpg
View of the TRX City Park
A directory map of the park Directory of The Exchange TRX City Park.jpg
A directory map of the park

Other than being an ordinary shopping mall, it has a man made park that sits right above of the complex. [22] Styled as TRX City Park or Taman Bandar TRX in Malay, the park is measured in 10 acres in size and is located on Level 3 of the mall, with open spaces and mini gardens scattered around it. [23] The Kuala Lumpur City Hall (DBKL) currently owns the park while TRX will undertake the management, operation and maintenance of it. [24]

There is a children playground, cave and water play features located at the park's Play City zone, while on the other side of the zone is a pond with weeds and gardens. The park also comes with a few open-air spaces such as the Events Lawn and Sunlight Plaza that play host to future events.

The park includes a number of F&B establishments with American-based fast food chain Shake Shack and Japanese coffee chain % Arabica Roastery opening their first outlet in Malaysia at the mall's rooftop park. [25]

Mall features

Dining precincts

Other precincts

Park zoning

Accessibility

The mall is directly connected to the  KG20  PY23  Tun Razak Exchange MRT station via an underground link between the concourse level of the mall with the upper concourse level of the transit station. The station serves as the only cross-platform interchange in the city that links the MRT Kajang and Putrajaya Lines. [28]

Access to The Exchange TRX from numerous roads were also made possible with the newly built loop tunnel underneath that encircles the whole district within TRX. The tunnel consists of 3 levels where 2 levels are meant for vehicular traffic and 1 level for mechanical and utility services. It forms connections to major highways surrounding it, including the SMART Tunnel, Maju Expressway, Setiawangsa-Pantai Expressway, Jalan Tun Razak as well as Jalan Sultan Ismail. [29]

Incidents

Fallen crane

According to the developer, an incident had occurred during the construction of the retail mall where the jib of a tower crane had fallen at the site around 6pm on 13 April 2021. It was noted that the crane fell over due to the heavy storm at that moment while no injuries nor deaths were reported. [30]

Building defects

The mall was faced with numerous issues during its first week of operations with shoddy workmanship of the building ranging from cracked tiles and unfinished ceilings to malfunctioned escalators and elevators. On the second day of its opening, it suffered from a power outage in the morning, persisted for hours before the electricity was back to normal. [31] [32] The mall also had to cordon and close off the central water play area at its outdoor playground to work on the repairs due to it being broken. [33]

See also

Related Research Articles

<span class="mw-page-title-main">Kuala Lumpur Sentral station</span> Railway station

Kuala Lumpur Sentral Station is a transit-oriented development that houses the main railway station of Kuala Lumpur, the capital of Malaysia. Opened on 16 April 2001, KL Sentral replaced the old Kuala Lumpur railway station as the city's main intercity railway station. KL Sentral is the largest railway station in Malaysia, and the second largest in Southeast Asia, behind Krung Thep Aphiwat Central Terminal in Bangkok, Thailand.

<span class="mw-page-title-main">Suria KLCC</span> Shopping mall in Kuala Lumpur, Malaysia

Suria KLCC is a 6-story shopping mall located at the foot of the Petronas Twin Towers. Suria KLCC is a premier shopping destination with over 300 flagship stores. The shopping mall is situated in Kuala Lumpur City Centre, Kuala Lumpur, Malaysia.

<span class="mw-page-title-main">Sogo</span> Japanese department store chain

Sogo Co., Ltd. is a department store chain that operates an extensive network of branches in Japan. In 2009, it merged with The Seibu Department Stores, Ltd. (株式会社西武百貨店) to become Sogo & Seibu Co., Ltd. (株式会社そごう・西武). It once owned stores in locations as diverse as Beijing in China, Causeway Bay in Hong Kong, Taipei in Taiwan, Jakarta and Surabaya in Indonesia, Kuala Lumpur in Malaysia, Singapore, Bangkok in Thailand, London in United Kingdom, but most of these international branches are now closed or operated by independent franchisees.

<span class="mw-page-title-main">Bukit Bintang</span> Shopping district in Kuala Lumpur, Malaysia

Bukit Bintang is the shopping and entertainment district of Kuala Lumpur, Malaysia. It encompasses Jalan Bukit Bintang and its immediate surrounding areas. The area has long been Kuala Lumpur's most prominent retail belt that is home to many landmark shopping centres, al-fresco cafés, bars, night markets, food street, mamak stalls as well as hawker-type eateries. This area is popular among tourists and locals, especially among the youths.

Cheras Highway, Federal Route 1 also known as Cheras Road and Loke Yew Road is a major highway in Kuala Lumpur, Malaysia.

<span class="mw-page-title-main">Kuala Lumpur City Centre</span> Central business district in Kuala Lumpur, Malaysia

Kuala Lumpur City Centre (KLCC) is a multipurpose development area in Kuala Lumpur, Malaysia. KLCC refers to the area within and surrounding the KLCC Park but the term has also been widely used by buildings nearby to the vicinity.

<span class="mw-page-title-main">Taman Tun Dr Ismail</span> Township in Federal Territory of Kuala Lumpur, Malaysia

Taman Tun Dr. Ismail is a mid-sized township in Kuala Lumpur, Malaysia. Situated on the border of Kuala Lumpur and Selangor, it is within the vicinity of other townships including Bandar Utama Damansara, Damansara Utama, Mutiara Damansara. It also neighbours Bukit Kiara and Sri Hartamas and is within easy access of Bangsar and Damansara Heights. This township is in the Federal Territory of Kuala Lumpur with Kuala Lumpur City Hall (DBKL) as its local authority. It is primarily a residential neighborhood with businesses ranging from retail shops, restaurants and offices. Menara Ken and Plaza VADS are the two high-rise office buildings in TTDI. The township was named after Tun Dr. Ismail bin Abdul Rahman, Malaysia's first ambassador to the United States and a Malaysian representative to the United Nations, before becoming Malaysia's Deputy Prime Minister in 1970. Taman Tun Dr. Ismail is often abbreviated as "TTDI".

<span class="mw-page-title-main">Titiwangsa station</span> LRT, MRT and monorail interchange in Kuala Lumpur, Malaysia

Titiwangsa station is a rapid transit interchange station in Kuala Lumpur, Malaysia. The station is served by the LRT Ampang and Sri Petaling Lines, the KL Monorail Line and the MRT Putrajaya Line. The station allows seamless physical and fare integration between the four train lines.

<span class="mw-page-title-main">Permodalan Nasional Berhad</span> Malaysian investment company

Permodalan Nasional Berhad (PNB) is a Malaysian investment management company headquartered at the Merdeka 118 in Jalan Tun Razak, Kuala Lumpur. One of the largest fund management companies in Malaysia, it was established on 17 March 1978 as one of the instruments of the government's New Economic Policy.

<span class="mw-page-title-main">Bandar Sri Permaisuri</span> Township in Federal Territory of Kuala Lumpur, Malaysia

Sri Permaisuri is a township in Cheras, Kuala Lumpur, Malaysia. It is located near Bandar Tun Razak and Salak South. It was opened for residential housing in 2000. The major types of housing there are apartments and condominiums.

<span class="mw-page-title-main">Tun Razak Exchange</span> Central business district in Malaysia

The Tun Razak Exchange, otherwise known as TRX, is a 70-acre development by Ministry of Finance Malaysia (MOF) in the heart of Kuala Lumpur for international finance and business. The development was named after the second Prime Minister of Malaysia, Tun Abdul Razak Hussein, due to its location along Jalan Tun Razak. TRX is a strategic enabler of the Malaysian government's Economic Transformation Programme (ETP).

<span class="mw-page-title-main">Merdeka 118</span> Megatall skyscraper in Kuala Lumpur, Malaysia

Merdeka 118, formerly known as Menara Warisan Merdeka, KL 118 and PNB 118, is a 118-story megatall skyscraper in Kuala Lumpur, Malaysia. At 678.9 m (2,227 ft) tall, it is the second-tallest building and structure in the world, only behind the Burj Khalifa at 828 m (2,717 ft).

<span class="mw-page-title-main">Tun Razak Exchange MRT station</span> Underground station in Kuala Lumpur, Malaysia

The Tun Razak Exchange MRT station, also known as the TRX MRT Station, is an underground mass rapid transit (MRT) station which serves the new Tun Razak Exchange (TRX) financial district, as well as the surrounding Jalan Tun Razak, Jalan Kamuning, Jalan Inai and Jalan Delima areas of Kuala Lumpur, Malaysia.

<span class="mw-page-title-main">Imago KK Times Square</span> Shopping mall in Sabah, Malaysia

Imago KK Times Square Shopping Mall ("Imago") is a shopping mall located at the city center of Kota Kinabalu, Sabah, Malaysia. It was developed and managed by Syarikat Kapasi Sdn. Bhd., which is a wholly owned subsidiary of Asian Pac Holdings Berhad, a company listed on the Main Board of the Kuala Lumpur Stock Exchange.

<span class="mw-page-title-main">The Exchange 106</span> Skyscraper in Kuala Lumpur, Malaysia

The Exchange 106 (Malay: Menara Exchange 106, formerly known as the TRXSignature Tower, is a 453.6-meter-tall 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 building is topped with an 11-story high illuminated crown, giving it a total height of 453.6 m. It is also the second largest skyscraper in Malaysia by floor area with 453,835 m2. The tower has a net lettable area of 240,000 square metres. It is also the centerpiece of the new Tun Razak Exchange financial district.

<span class="mw-page-title-main">Four Seasons Place Kuala Lumpur</span> Supertall skyscraper in Kuala Lumpur, Malaysia

Four Seasons Place Kuala Lumpur, also known as Four Seasons KLCC and FSP KLCC Tower, is a 74-story, 342.5-metre tall (1,124 ft) supertall skyscraper in Kuala Lumpur City Centre, Malaysia. It is Malaysia's fourth tallest building. It features a 21 m (69 ft) high crown made out of steel at the top of the tower, making the tower reaches the height of 342.5 m (1,124 ft). It is located within the Kuala Lumpur City Centre precinct in Kuala Lumpur, Malaysia. The building was developed by Ipoh-born Singapore tycoon, Ong Beng Seng, partnering Tan Sri Syed Yusof Tun Syed Nasir and the Sultan of Selangor under Venus Assets Sdn Bhd. It is currently the fourth tallest building in Malaysia.

<span class="mw-page-title-main">Bukit Bintang City Centre</span> Neighborhood of Kuala Lumpur in Bukit Bintang, Malaysia

Bukit Bintang City Centre, also known as BBCC for short, is a 19.4 acres (7.9 ha) mixed-use development on the former site of Pudu Prison in Kuala Lumpur, Malaysia. The development is located at the south western end of Bukit Bintang, bordering with the Pudu district along Jalan Hang Tuah and Jalan Pudu.

<span class="mw-page-title-main">KL Metropolis</span> International Trade and Exhibition District of Kuala Lumpur in Malaysia

KL Metropolis is a 75.5-acre mixed development situated nearby the Kuala Lumpur Courts Complex in the district of Segambut, Kuala Lumpur, Malaysia. The term "KL" from its name is short for Kuala Lumpur. This RM21 billion development is envisioned to become the leading centre for international trade and exhibition of Kuala Lumpur, similar to the Tun Razak Exchange which on the other hand will become the city's new financial district. It will consist a total gross floor of 22,800,000 sq ft (2,120,000 m2). KL Metropolis will integrate trade, commerce, living, and transport in one bustling hub located within the big city which will be built in stages over a duration of 20 years.

<span class="mw-page-title-main">Mitsui Shopping Park LaLaport Bukit Bintang City Centre</span> Shopping mall

The Mitsui Shopping Park LaLaport Bukit Bintang City Centre, also known as LaLaport Bukit Bintang City Centre and LaLaport BBCC, is a Japanese lifestyle shopping mall located within Bukit Bintang City Centre (BBCC). It is a RM1.6 billion mall under a joint venture agreement between BBCC Development Sdn Bhd and Mitsui Fudosan Co. Ltd. (Asia), a real estate company based in Tokyo by the Mitsui Group. The entire space has a total built-up area of 1,400,000 square feet (130,000 m2) across 6 floors with mix of local and international retail brands including some exclusively from Japan. It consists of approximately 400 stores spanning across 82,600 square metres of retail floor space.

References

  1. ↑ "ZUL RAFIQUE & partners".
  2. ↑ "Retail space competition set to intensify".
  3. ↑ "Malaysia's first Kimpton to arrive in Kuala Lumpur | TTG Asia". TTG Asia. 11 August 2020. Retrieved 2023-12-07.
  4. ↑ Van, Tong (2023-04-11). "Kuala Lumpur's new retail precinct The Exchange TRX to open this year". Inside Retail Asia. Retrieved 2023-11-30.
  5. ↑ Malaysia, The Peak (2023-09-11). "King of The Aisles: Datuk Andrew Lim On His Latest Retail Ventures". The Peak Malaysia. Retrieved 2023-11-30.
  6. ↑ "Lendlease continues construction work at the Exchange TRX despite CMCO". The Malaysian Reserve. 27 November 2020. Retrieved 2023-12-07.
  7. ↑ Mahpar, Nora (29 June 2018). "Potensi projek TRX". Harian Metro. Retrieved 2023-12-11.
  8. ↑ DASS, FRANCIS (2017-03-22). "Australia's Lendlease pushes ahead with TRX's Lifestyle Quarter | New Straits Times". NST Online. Retrieved 2023-11-30.
  9. ↑ Abd Halim, Afif. "Lendlease committed to TRX's Lifestyle Quarter". The Malaysian Reserve. Retrieved June 25, 2018.
  10. ↑ Min Shen, Ng (15 September 2017). "Lendlease gets okay for construction of TRX". The Malaysian Reserve. Retrieved 15 September 2017.
  11. ↑ Razaman, Muhammad Najmir (2023-11-30). "The Exchange TRX 'nadi' baharu Kuala Lumpur". Harian Metro. Retrieved 2023-11-30.
  12. ↑ "Opening of retail mall at TRX Exchange delayed". The Star. 15 June 2020. Retrieved 2023-12-26.
  13. ↑ "The Exchange TRX Opens Today With Aim Of Becoming KL's New Social Heart | TRP". The Rakyat Post. 29 November 2023. Retrieved 2023-11-30.
  14. ↑ Krishnan, Dhesegaan Bala (2023-11-30). "The Exchange TRX opens with 400 stores, a rooftop park with luxury boutique cinema underway". Malay Mail. Retrieved 2023-11-30.
  15. ↑ Kaur, Sharen (2022-06-28). "RM3bil has been spent on the infrastructure of the Tun Razak Exchange | New Straits Times". NST Online. Retrieved 2023-12-06.
  16. ↑ Chew, Rachel (28 June 2022). "Lendlease, Mulia Group form partnership on The Exchange 106's retail podium". The Edge Malaysia. Retrieved 2023-12-06.
  17. ↑ "The Exchange TRX Is Opening Soon, With First-In-Malaysia Stores & A 10-Acre Rooftop Park". SAYS. 28 November 2023. Retrieved 2023-12-22.
  18. ↑ "Here are the new brands found only at TRX when they open in November". Lifestyle Asia Kuala Lumpur. 2023-11-28. Retrieved 2023-12-22.
  19. ↑ Cao, Sean (2023-12-05). "US cafe chain Reborn Coffee expands into Malaysia". Inside Retail Asia. Retrieved 2023-12-22.
  20. ↑ "Mil Toast House @ The Exchange TRX, Kuala Lumpur". 8 December 2023. Retrieved 2023-12-22.
  21. ↑ "TRX in talks with Apple Inc to open store". The Edge Malaysia. Retrieved 2023-12-22.
  22. ↑ Haryanti Ahmad Rodzi, Tuty (2023). "Taman bandar bakal jadi tarikan utama TRX Kandungan Berjenama". Berita Harian Online. p. 1. Retrieved 21 September 2023.
  23. ↑ "Creating a world class urban lifestyle destination". The Star. 19 December 2019. Retrieved 2023-12-01.
  24. ↑ "TRX City, partners and investors ink common estate deal". The Star. Retrieved 2023-12-27.
  25. ↑ Zaiful, Lisa (28 October 2023). "Shake Shack set to open 1st outlet in Malaysia". Yahoo News. Retrieved 2023-12-14.
  26. ↑ Foong, Melissa (6 December 2023). "Food Guide: What to eat at The Exchange TRX, Kuala Lumpur". Prestige. p. 1. Retrieved 2023-12-07.
  27. ↑ "TRX Exchange retail wing to open on Nov 29". TheSun. 22 September 2023. Retrieved 2023-12-07.
  28. ↑ "The Exchange TRX Mall Guide: Where to shop, eat, and drink". Tatler Asia. Retrieved 2023-12-07.
  29. ↑ Hazim, Anis (23 November 2023). "TRX Tunnel to open on Nov 29, along with mall and rooftop park". The Edge Malaysia. Retrieved 2023-12-01.
  30. ↑ Salim, Syafiqah (2021). "No one injured in crane incident at The Exchange TRX". EdgeProp. Retrieved 2023-12-06.
  31. ↑ Amin, Afiq (30 November 2023). "The Exchange TRX Shopping Mall Suffers Blackout 1 Day After Opening - Hype MY". Hype My. Retrieved 2023-12-14.
  32. ↑ "Teething troubles plague Malaysia's flagship Exchange TRX Mall". Dimsum Daily. 2023-12-02. Retrieved 2023-12-22.
  33. ↑ "Water feature at TRX Kuala Lumpur ruined after a week". Yahoo News. 2023-12-06. Retrieved 2023-12-22.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.