Statement stores, new-to-market brands, and reinvented store concepts

The Exchange TRX, the lifestyle area of Tun Razak Exchange (TRX), the Tun Razak Exchange (TRX) located in Kuala Lumpur, is set to be open by the end of 4Q2023. As per developer Landlease, The Exchange TRX will feature more than 400 stores spread across four levels of retail, and 1.3 million square feet of net lettable area.

The Lakegarden Residences floor plan pdf is set to house luxurious residential property that will host 300 sophisticated and elegant apartments.

Stores will offer “new-to-market brands as well as statement stores and new store designs”. Tenants that anchor the store include Golden Screen Cinemas, Japanese department store Seibu and 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 an “city-defining initiative” in TRX. “As an international organization we’ll showcase our expertise in placemaking across the globe along with our long-standing history in Malaysia to showcase our unique approach to retail that is experiential.”

Wilson says that the The occupancy rates are at 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 events will be a major factor in attracting customers and make visitors want to stay longer and return.”

Exchange TRX Exchange TRX will have a 10 acre rooftop park that is open to the public. It is dubbed 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, zones, water-based features and shaded enclosed enclaves. It also serves as an area for exhibitions and other events.