is a 70-acre, international finance and business development in Kuala Lumpur.
Developed by 1MDB RE, TRX forms part of the Malaysian Government’s Economic Transformation Programme (ETP), which aims to strengthen Kuala Lumpur as the country’s financial capital.
The development will comprise investment A-grade office space surrounded by residential, hospitality, retail, leisure and cultural centres.
With an estimated Gross Development Value of USD$8 billion, TRX is slated to become the next leading finance and business district in Asia.
Kuala Lumpur has a population of over six million and is increasingly recognised as an emerging city in the world with its growing upper-middle class, knowledge-based workforce and well-developed infrastructure.
Located at the southern gateway to Kuala Lumpur’s city centre, TRX is an extension to the Golden Triangle, the city’s commercial, entertainment and shopping belt.
TRX will offer an connectivity to the existing city centre and the rest of Greater Kuala Lumpur with its integrated underground Mass Rapid Transit (MRT) interchange station as well as direct connectivity to key roads and major highways.
Upon completion, TRX will create 3.3 million jobs, raise Malaysia’s Gross National Income per capita to USD$15,000 and secure USD$444 billion in investments by 2020.
The Master Plan
The TRX Master Plan is a collaboration between leading international architecture and urban design firm, Machado and Silvetti Associates and a renowned Malaysian planning and urban design group, Akitek Jururancang Malaysia.
The Master Plan includes a total of 25 buildings and over 1.9 million square metres of office space, residential, hotel, retail, food and beverage and cultural space.
The first stage of TRX will see the development of four investment office towers including the Signature Tower, a lifestyle retail mall, two 5-star hotels, five upscale residential towers and 20 acres of open spaces.
The raised landscape, built over parking and retail mall levels, will create an urban park setting for pedestrian movement between the offices, residences, hotels and mall.
TRX will also feature smart city infrastructure, centralised controlled management utilities, that ensure an efficient, safe and sustainable working and living environment for TRX residents.
TRX is organised into three quarters, the Financial Quarter, the Lifestyle Quarter and the Park Quarter.
Financial Quarter
This quarter is the central business district of TRX made up of investment A-grade office buildings.
The Financial Quarter is the backbone of TRX and will be the base of Kuala Lumpur’s first and only financial district and a global centre for Islamic finance.
The Financial Quarter will be the heart of all key finance and business activities in Malaysia, with a dedicated MRT linked to the quarter.
Lifestyle Quarter
Located on the northern edge of the site, the Lifestyle Quarter is the entertainment and food and beverage centre of TRX with three high-end serviced apartments integral to the quarter.
It forms the key component of the first stage of the development which comprises of three residential towers that range between 35 to 45 storeys, up to two 5-star hotels and a 3-storey, 185,806 square metre lifestyle retail mall, filled with restaurants, outdoor cafes and vibrant nightlife outlets.
International property development company, Lend Lease was selected at the preferred developer to deliver the Lifestyle Quarter.
Upon completion, it will have direct access to the integrated underground MRT interchange station, with the view of the central urban park.
Related Article: Lend Lease Partners With 1MDB For New Kuala Lumpur TRX Financial Hub
Park Quarter
The Park Quarter on the western parcel of TRX comprises of a mix of low-rise residential and office buildings that are refined and exclusive in design, with a cultural centre and beautiful open spaces to form a distinctive and family-friendly quarter.
TRX has a development period of 15 years to be completed in stages with the first stage to be completed in 2017.
