The Exchange TRX: generating buzz in Malaysia’s new international financial district
- The development supports the Malaysian government’s push to elevate Kuala Lumpur as one of the world’s best cities to live
- Global real estate group Lendlease was a co-developer for The Exchange TRX, which has the core goal of creating a vibrant place for community connection
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Joining the likes of the Petronas Twin Towers and Suria KLCC, Kuala Lumpur’s newest retail destination, The Exchange TRX, is a significant infrastructural achievement and now one of the Malaysian capital’s major landmarks. As the jewel in the crown of the seven-hectare (17-acre) Tun Razak Exchange (TRX) financial district, the new retail and lifestyle landmark opened its doors in November 2023, marking the precinct as one of the city’s most vibrant places to live and work.
Spanning 1.3 million sq ft of net lettable area with 400 retail outlets, The Exchange TRX is the result of a vision shared by globally integrated real estate group Lendlease and developer TRX City. The development aims to bring world-class design and sustainability standards to Malaysia, elevating the precinct as Kuala Lumpur’s answer to other global financial centres such as London’s Canary Wharf or Marina Bay in Singapore.
A passion for placemaking
Lendlease is guided by the principle of placemaking for each of its projects: a passion for integrating commerce, lifestyle and innovation channelled into vibrant, meaningful destinations shaped by the local communities that use the space. In a laudable example of public-private partnership, Lendlease had a hand in every step of designing and curating The Exchange TRX, overseeing the project from planning and design to funding and construction.
“As a globally integrated real estate group, we are anchored on our mission to create places where communities thrive,” says Yong Su-Lin, managing director, Lendlease Malaysia. Lendlease has been operating in Malaysia for 40 years, helping to deliver more than 100 projects including landmarks such as the Petronas Twin Towers, Suria KLCC and Platinum Park.
Using its integrated delivery model, Lendlease aims to provide added value for clients that puts sustainability at the core of its projects. “Through our partnership with TRX City, we hope to contribute towards helping TRX become a progressive landmark development that will help improve the city’s liveability and sustainability, and strengthen Kuala Lumpur’s competitiveness,” Yong says.
The Exchange TRX seeks to go forward into the next generation through a retail model that includes immersive entertainment, cultural and leisure experiences. They will service not only the mall’s tenants and visitors but also the precinct’s six premier residential towers, Malaysia’s first Kimpton Hotels & Restaurants and a campus-style integrated office building.