The Exchange TRX, the lifestyle area within The Tun Razak Exchange (TRX) located in Kuala Lumpur, is set to open in the 4th quarter of 2023. 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 space.
Tembusu Grand Jalan Tembusu floor plan sits in a total suite area of about 210,545 sq ft and a maximum Gross Floor Area (GFA) of 54,789m2.
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 is planned as something of a “city-defining concept” in TRX. “As an international company we’ll showcase our global expertise in placemaking along with our long-standing history in Malaysia to present our distinctive approach to retail that is experiential.”
Wilson states that The occupancy rates in The Exchange TRC are “well ahead of market rates”. “We believe that our diverse range of shops, along with the dynamism of entertainment and leisure activities can be a significant element of differentiation that will encourage visitors to stay longer and come back.”
Exchange TRX Exchange TRX will have a 10 acre rooftop park that is open to the public. The park is named TRX City Park the park was created by Lendlease and in partnership together with the landscape architect Oculus & Pentago. It will feature play areas for children, places, water feature and shaded enclosures. It also serves as the venue for exhibitions and other events.