KUALA LUMPUR, October 24 – Kuala Lumpur’s thriving new international financial district is about to welcome a groundbreaking addition as The Exchange TRX prepares to open its doors to the public on November 29, 2023. This exciting development promises to reshape the city’s retail and lifestyle scene with a remarkable 95% occupancy rate, offering over 400 stores spread across an expansive 1.3 million sq. ft. of Nett Lettable Area (NLA). The Exchange TRX is set to redefine luxury retail with a remarkable lineup of global brands making their debut in Malaysia.
Shoppers can expect to explore avant-garde eyewear at Gentle Monster, the iconic fashion brand Maison Kitsuné and its 28th Café Kitsuné, the celeb-favorite Alo Yoga from California, and Finland’s renowned textile and home furnishings brand Marimekko. Additionally, cult beauty brand Drunk Elephant will open its first-ever brick-and-mortar store globally. The Beauty Galleria within The Exchange TRX brings together the world’s most sought-after beauty brands in a space that combines lush greenery with modern sophistication.
Swiss luxury skincare brand La Prairie and one of the world’s oldest luxury cosmetics brands, Guerlain, will both open their inaugural standalone boutiques in Malaysia. For food enthusiasts, The Exchange TRX offers new dining experiences, including the Seibu department store, one of Japan’s largest. Spanning four levels and over 250,000 sq. ft., Seibu will carry over 400 luxury, international contemporary, and Japanese fashion brands, with more than 100 making their market debut. On its lowest floor, visitors will find a premium Japanese food hall with a diverse array of Japanese staples, including ramen, sushi, and a sake bar.
Mitch Wilson, Project Director for The Exchange TRX and Head of Retail for Lendlease Malaysia, emphasizes that the development’s strong tenancy rate demonstrates the confidence of leading international and local brands in this innovative retail concept. The Exchange TRX aims to be more than a shopping hub; it aspires to serve as a hub for creativity and innovation, aiming to create an ideas-driven economy. This vision extends to TRX City Park, a 10-acre rooftop public park within the development, providing communal spaces for a wide range of activities and events.
TRX City Park is a sprawling 10-acre rooftop park championing biodiversity and sustainability. It offers green spaces, children’s play areas, water features, and shaded enclaves for various activities, from quiet contemplation to community events and leisure activities. Accessible to the public, this park represents the largest rooftop public park opened in Kuala Lumpur in recent times, serving as an urban oasis within the bustling city. The Exchange TRX’s opening is anticipated to create new job opportunities, boost investment prospects, and stimulate economic growth.
It represents the future of luxury retail and urban living in Kuala Lumpur, setting new standards in retail, dining, and leisure experiences. Lendlease is an international real estate group dedicated to creating strong and connected communities. With core expertise in shaping cities, they operate in the segments of Investments, Development, and Construction. Notable projects by Lendlease include Barangaroo South and Darling Harbour Live in Sydney, Australia, and The International Quarter and Elephant & Castle in London, UK. In Malaysia, Lendlease has a proven track record, having completed over 100 projects, including the iconic Petronas Twin Towers, Setia City Mall, and Pinewood Iskandar Malaysia Studios.
