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 set to launch in 4Q2023. According to developer Landlease, The Exchange TRX will most likely have greater than 400 stores across 4 retail levels, by having 1.3 million sq ft of total net lettable location.
The Exchange TRX will have a 10-acre roof public-activated park. Called TRX City Park, it is made by Lendlease in partnership with landscape designers Oculus & Pentago. It will include kids’s play areas, water attributes, and also shaded enclaves. It will also work as a place to host exhibits plus events.
Mitch Wilson, work supervisor for The Exchange TRX also head of retail for Lendlease Malaysia, claims that the lifestyle district is envisioned as a “city-defining project” within TRX. “As an international organisation, we will definitely display our global placemaking skills along with our 43-year record in Malaysia to introduce our signature strategy to experiential retail.”
Stores will include “new-to-market labels, statement stores, and also reimagined outlet types”. Support occupants include Golden Display Cinemas, Japanese chain store Seibu, including Hong Kong’s Dairy Farm Firm. There may additionally be 100 dining shops.
Wilson puts in that tenancy levels at The Exchange TRC are “well ahead of market ratios”. “Our team believe the diversified retail mix enhanced by dynamic leisure and entertainment activations will work as a key point of distinction and will most likely steer visitors to linger a lot longer and also make continued tours.”
