TRX Residences Kuala Lumpur: Live at the Center of Malaysia’s New Financial District.
Discover TRX Residences, a landmark freehold serviced residence located strategically at the heart of the Tun Razak Exchange (TRX), Malaysia's first International Financial District (IFD). Developed as a joint venture between the globally renowned developer Lendlease (60%) and TRX City Sdn Bhd (40%), which is owned by the Ministry of Finance, this premier project sets a new standard for luxury urban living in KL City Centre.
Investment Highlights & Financial Outlook:
TRX Residences offers a compelling opportunity for investors seeking strong growth potential. The asset is projected to exhibit robust capital appreciation (forecasted 5% to 20% over eight years) and high rental yields (expected 4.5% rising to 6% by 2031), positioning it favorably against the more established KLCC market. This strong financial outlook is underpinned by the expected influx of 45,000 on-site knowledge workers by 2025, creating a captive corporate rental demand pool.
The initial phase comprises two towers (53 and 57 storeys) housing a total of 896 units. Completion is anticipated in 2025, with handover for Phase I expected around Q1 or Q2 of 2024.
Unrivalled Connectivity & Integrated Lifestyle:
The development boasts unparalleled accessibility, designed according to a Transit-Oriented Development (TOD) model.
• MRT Interchange: Located just 70 meters from Kuala Lumpur’s only MRT interchange station (for MRT Line 1 and Line 2), providing seamless travel to key destinations like Bukit Bintang and KLCC.
• Highway Access: Features direct access to major routes, including the SMART Tunnel, Maju Expressway (MEX), and Jalan Tun Razak.
TRX Residences is an integral part of the 17-acre integrated The Exchange TRX development. Residents enjoy:
• The Exchange TRX Mall: Direct connection to the world-class lifestyle destination featuring over 400 retailers, including a Seibu department store, luxury brands, and the first Apple Store in Malaysia.
• TRX City Park: Direct access to the sprawling 10-acre rooftop public park, offering green spaces, playgrounds, and event areas for health and wellbeing.
World-Class Amenities and Design:
Residents have exclusive access to over 90,000 sq ft of world-class facilities spread across three levels (8, 29, and 30). Amenities include multiple swimming pools (lap pool, kids' pool, surf pool), a dedicated CrossFit gymnasium and fitness studio, a social bar, a residents' lounge with co-working spaces and a boardroom, a conservatory, and a gardening workshop.
The project emphasizes sustainability, having achieved GBI Gold and LEED certifications. Units are delivered partially furnished with high-quality fittings, including imported Italian kitchen cabinets.
Unit Options and Pricing:
The residential towers offer diverse unit types catering to various lifestyles:
• 1-Bedroom Units: Approximately 474 sq ft to 721 sq ft.
• 2-Bedroom Units: Approximately 850 sq ft to 1,076 sq ft.
• 3-Bedroom Units: Ranging from 1,184 sq ft up to 1,636 sq ft.
Units for sale range from RM 899,000 up to RM 5,700,000.
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