The Exchange TRX
{{Short description|Shopping mall in Kuala Lumpur, Malaysia}}
{{Distinguish|The Exchange 106|text=The Exchange 106, the supertall skyscraper located adjacent to the mall}}
{{Infobox shopping mall
| name = The Exchange TRX
| native_name =
| image = The Exchange TRX 20231216 (2).jpg
| caption = Mall facade from the Raintree Plaza
| location = Tun Razak Exchange, Kuala Lumpur,
Malaysia
| coordinates = {{coord|3.14264|N|101.71795|E|display=inline,title}}
| mapframe-wikidata = yes
| mapframe-zoom = 15
| address = Persiaran TRX, Tun Razak Exchange, 55188 Kuala Lumpur
| opening_date = {{Start date and age|df=yes|2023|11|29}}
| previous_names = TRX Lifestyle Quarter
| developer = Lendlease Development Malaysia Sdn Bhd
| manager =
| owner = LQ Retail Sdn Bhd
(joint venture between Lendlease and TRX){{cite web | url=https://www.zulrafique.com.my/article-sample.php?id=631 | title=ZUL RAFIQUE & partners }}
| number_of_stores = 400+
| number_of_anchors = 4
(Aurum Theatre, Seibu, Mercato, Apple)
| floor_area = {{cvt|1,300,000|sqft}}{{cite web | url=https://www.thestar.com.my/business/business-news/2023/11/28/retail-space-competition-set-to-intensify | title=Retail space competition set to intensify }}
| floors = 5
| parking = 3 levels
| publictransit = {{KLRT color code|KG|20}}{{KLRT color code|PY|23}} Tun Razak Exchange MRT Station
| website = {{url|https://www.theexchangetrx.com/}}
}}
The Exchange TRX, also known as the TRX Mall and officially known as Plaza The Exchange TRX, is a shopping mall and complex situated next to the Bukit Bintang shopping district in Kuala Lumpur, Malaysia. It is located off Jalan Tun Razak to the east and Jalan Kampung Pandan to the south. The term "TRX" in its name is a short form of Tun Razak Exchange, the area where the mall was developed at. As part of the TRX Lifestyle Quarter precinct, the development also includes a hotel block by Kimpton Hotels & Restaurants and an office block built on top of the mall as well as 6 residential towers right next to it.{{Cite web |last= |first= |date=11 August 2020 |title=Malaysia's first Kimpton to arrive in Kuala Lumpur {{!}} TTG Asia |url=https://www.ttgasia.com/2020/08/11/malaysias-first-kimpton-to-arrive-in-kuala-lumpur/ |access-date=2023-12-07 |website=TTG Asia |language=en-US}} The Exchange TRX constitutes as one of the first stages in the development of the Tun Razak Exchange district, making it as a primary highlight for the area.
It is currently anchored by Apple, Seibu Department Store, Golden Screen Cinemas' Aurum Theatre and Mercato Supermarket (previously a supermarket under Dairy Farm Group of Hong Kong, now sold to Malaysian company Macrovalue Sdn Bhd in 2023).{{Cite web |date=2023-02-23 |title=Giant operator Dairy Farm sells grocery business to Malaysian company |url=https://theedgemalaysia.com/node/656553 |access-date=2024-10-24 |website=The Edge Malaysia}} There are also other smaller scaled anchor tenants such as H&M, Uniqlo, LC Waikiki, Muji and MPH Bookstores.{{Cite web |last=Van |first=Tong |date=2023-04-11 |title=Kuala Lumpur's new retail precinct The Exchange TRX to open this year |url=https://insideretail.asia/2023/04/11/kuala-lumpurs-new-retail-precinct-the-exchange-trx-to-open-this-year/ |access-date=2023-11-30 |website=Inside Retail Asia |language=en-US}}{{Cite web |last=Malaysia |first=The Peak |date=2023-09-11 |title=King of The Aisles: Datuk Andrew Lim On His Latest Retail Ventures |url=https://thepeak.com.my/people/datuk-andrew-lim-sogo-kl-gama-group/ |access-date=2023-11-30 |website=The Peak Malaysia |language=en-US}}
Overview
File:The Exchange, TRX Kuala Lumpur.png
The mall was built through a partnership and collaboration deal between Australian-based developer Lendlease (Lendlease Development Malaysia Sdn Bhd) and the main developer of the district (TRX City Sdn Bhd), in which the former had owned 60% of the development and the remaining by the latter of which is a subsidiary wholly owned by the Finance Ministry and under the Malaysian government's purview.{{Cite news |last= |date=27 November 2020 |title=Lendlease continues construction work at the Exchange TRX despite CMCO |work=The Malaysian Reserve |url=https://themalaysianreserve.com/2020/11/27/lendlease-continues-construction-work-at-the-exchange-trx-despite-cmco/ |access-date=2023-12-07}} TRX City Sdn Bhd prior to that was previously known as 1MDB Real Estate Sdn Bhd which was a subsidiary company of the infamous 1Malaysia Development Berhad (1MDB).{{Cite web |last=Mahpar |first=Nora |date=29 June 2018 |title=Potensi projek TRX |url=https://www.hmetro.com.my/bisnes/2018/06/352819/potensi-projek-trx |access-date=2023-12-11 |website=Harian Metro |language=en}} The development was first known as TRX Lifestyle Quarter, hence the company named LQ Retail Sdn Bhd, a joint venture company between Lendlease and TRX City Sdn Bhd.{{Cite web |last=DASS |first=FRANCIS |date=2017-03-22 |title=Australia's Lendlease pushes ahead with TRX's Lifestyle Quarter {{!}} New Straits Times |url=https://www.nst.com.my/news/2017/03/223264/australias-lendlease-pushes-ahead-trxs-lifestyle-quarter |access-date=2023-11-30 |website=NST Online |language=en}} Taking up 17-acre of space in the district, the development was proposed to include a retail mall alongside hotels, offices, residential condominiums and a park, subsequently forming as the center of the overall TRX master plan.{{Cite news |last=Abd Halim |first=Afif |title=Lendlease committed to TRX's Lifestyle Quarter |work=The Malaysian Reserve |url=https://themalaysianreserve.com/2018/06/25/lendlease-committed-to-trxs-lifestyle-quarter/ |access-date=June 25, 2018}} Construction of the mall began in 2017 and was opened to the public on 29 November 2023 along with the operation of the district's underground tunnels in conjunction with TRX's big opening.{{Cite news |last=Min Shen |first=Ng |date=15 September 2017 |title=Lendlease gets okay for construction of TRX |work=The Malaysian Reserve |url=https://themalaysianreserve.com/2017/09/15/lendlease-gets-okay-construction-trx/ |url-status= |access-date=15 September 2017}}{{Cite web |last=Razaman |first=Muhammad Najmir |date=2023-11-30 |title=The Exchange TRX 'nadi' baharu Kuala Lumpur |url=https://www.hmetro.com.my/mutakhir/2023/11/1035832/exchange-trx-nadi-baharu-kuala-lumpur |access-date=2023-11-30 |website=Harian Metro |language=en}} The Exchange TRX was expected to be completed by third quarter of 2021 but was further delayed due to unfinished construction caused by the strict Movement Control Order (MCO) in the country from the COVID-19 pandemic.{{Cite web |date=15 June 2020 |title=Opening of retail mall at TRX Exchange delayed |url=https://www.thestar.com.my/business/business-news/2020/06/15/opening-of-retail-mall-at-trx-exchange-delayed |access-date=2023-12-26 |website=The Star |language=en}}
There are more than 400 retailers and eateries, that includes the anchor tenants, spanning across 4 floors of the mall. Many of the retail stores are mid-to-high-end with designer brands occupying the ground level, while the floor below it are taken up by common retailers, restaurants, supermarkets and a food court.{{Cite web |last= |first= |date=29 November 2023 |title=The Exchange TRX Opens Today With Aim Of Becoming KL's New Social Heart {{!}} TRP |url=https://www.therakyatpost.com/fun/2023/11/29/the-exchange-trx-opens-today-with-aim-of-becoming-kls-new-social-heart/ |access-date=2023-11-30 |website=The Rakyat Post |language=en-US}} The mall contains attractions for children and young adults, with a space for playgrounds on top of the building. A multitude of events take place at the Central Exchange which is the mall's main center. Throughout the year, this space undergoes changes according to seasonal celebrations and can be turned into a stage for special functions, including performances. The mall gets adorned with decorations during the holiday periods.{{Cite web |last=Krishnan |first=Dhesegaan Bala |date=2023-11-30 |title=The Exchange TRX opens with 400 stores, a rooftop park with luxury boutique cinema underway |url=https://www.malaymail.com/news/life/2023/11/29/the-exchange-trx-opens-with-400-stores-a-rooftop-park-with-luxury-boutique-cinema-underway/104883 |access-date=2023-11-30 |website=Malay Mail |language=en}}File:Exchange 106 Connection with The Exchange TRX (2023-12-09).jpg
In June 2022, Lendlease had forged a partnership with The Exchange 106 to integrate the mall with its retail lots consisting of two levels which is situated at the foot of the building. The integration of the retail podium forms as the first phase of The Exchange TRX that has a total of 70 units.{{Cite web |last=Kaur |first=Sharen |date=2022-06-28 |title=RM3bil has been spent on the infrastructure of the Tun Razak Exchange {{!}} New Straits Times |url=https://www.nst.com.my/property/2022/06/808824/rm3bil-has-been-spent-infrastructure-tun-razak-exchange |access-date=2023-12-06 |website=NST Online |language=en}} There is a linked pathway in between the complex and the retail podium called "106 Connection" where it is located at Level 1 and Level 2 of the mall.{{Cite web |last=Chew |first=Rachel |date=28 June 2022 |title=Lendlease, Mulia Group form partnership on The Exchange 106's retail podium |url=https://theedgemalaysia.com/article/lendlease-mulia-group-form-partnership-exchange-106s-retail-podium?type=malaysia |url-status= |access-date=2023-12-06 |website=The Edge Malaysia}}
File:Apple The Exchange TRX, Exterior Night View.jpg
Some notable brands and retailers at the mall that have made their debut in Malaysia are Salomon, Descente, Fred, La Prairie, Drunk Elephant, Gentle Monster, Maison Kitsuné, Cafe Kitsuné, Alo Yoga, Guerlain boutique, Dolce & Gabbana, Chaumet, Golden Goose, HeyTea, Reborn Coffee, Ben's Cookies, Naixue, Yogiyo, Ticco, Mil Toast House, Molton Brown, Tipsy Flamingo, Läderach and more.{{Cite news |date=28 November 2023 |title=The Exchange TRX Is Opening Soon, With First-In-Malaysia Stores & A 10-Acre Rooftop Park |work=SAYS |url=https://says.com/my/lifestyle/the-exchange-trx-opens-november-what-to-expect |access-date=2023-12-22}}{{Cite web |date=2023-11-28 |title=Here are the new brands found only at TRX when they open in November |url=https://www.lifestyleasia.com/kl/whats-on/here-are-the-new-brands-at-trx-to-look-out-for-when-they-open/ |access-date=2023-12-22 |website=Lifestyle Asia Kuala Lumpur |language=en-US}}{{Cite web |last=Cao |first=Sean |date=2023-12-05 |title=US cafe chain Reborn Coffee expands into Malaysia |url=https://insideretail.asia/2023/12/05/us-cafe-chain-reborn-coffee-expands-into-malaysia/ |access-date=2023-12-22 |website=Inside Retail Asia |language=en-US}}{{Cite web |date=8 December 2023 |title=Mil Toast House @ The Exchange TRX, Kuala Lumpur. |url=https://www.kenhuntfood.com/2023/12/mil-toast-house-exchange-trx-kuala.html |access-date=2023-12-22 |language=en}} The mall houses Malaysia's first Apple Store which was opened on 22 June 2024 and occupying three levels within the mall, including a rooftop entrance. It is Apple's sixth store in Southeast Asia after Singapore and Thailand.{{Cite web |last=Gurman |first=Mark |date=29 May 2024 |title=Apple to Open Malaysia Store on June 22 in Southeast Asia Push |url=https://www.bloomberg.com/news/articles/2024-05-29/apple-to-open-malaysia-store-on-june-22-in-southeast-asia-push |access-date=29 May 2024 |website=Bloomberg}}{{Cite web |last=Charlton |first=Hartley |date=2024-05-29 |title=Apple to Open First Retail Store in Malaysia on June 22 |url=https://www.macrumors.com/2024/05/29/apple-to-open-first-retail-store-in-malaysia/ |access-date=2024-05-29 |website=MacRumors |language=en}}{{Cite web |title=Apple The Exchange TRX now open in Kuala Lumpur|url=https://www.apple.com/newsroom/2024/06/apple-the-exchange-trx-now-open-in-kuala-lumpur/ |access-date=2024-06-24|website=Apple |language=en}} Previously, there were reports where Lendlease was in discussions with Apple Inc. to open its retail store in Malaysia at The Exchange TRX.{{Cite web |title=TRX in talks with Apple Inc to open store |url=https://theedgemalaysia.com/article/trx-talks-apple-inc-open-store |access-date=2023-12-22 |website=The Edge Malaysia}}
Rooftop park
File:TRX City Park at The Exchange TRX (23.12.02).jpg
File:Directory of The Exchange TRX City Park.jpg
Other than being an ordinary shopping mall, it has a man made park that sits right above of the complex.{{Cite news |last=Haryanti Ahmad Rodzi |first=Tuty |date=2023 |title=Taman bandar bakal jadi tarikan utama TRX Kandungan Berjenama |pages=1 |work=Berita Harian Online |url=https://www.bharian.com.my/berita/nasional/2023/09/1155302/taman-bandar-bakal-jadi-tarikan-utama-trx |url-status= |access-date=21 September 2023}} Styled as TRX City Park or Taman Bandar TRX in Malay, it is a 10-acre park located on Level 3 of the mall, with open spaces and mini gardens scattered around it.{{Cite web |date=19 December 2019 |title=Creating a world class urban lifestyle destination |url=https://www.thestar.com.my/news/nation/2019/12/19/creating-a-world-class-urban-lifestyle-destination |access-date=2023-12-01 |website=The Star |language=en}} The Kuala Lumpur City Hall (DBKL) currently owns the park while TRX will undertake the management, operation and maintenance of it.{{Cite web |title=TRX City, partners and investors ink common estate deal |url=https://www.thestar.com.my/business/business-news/2019/02/21/trx-city-partners-and-investors-ink-common-estate-deal |access-date=2023-12-27 |website=The Star |language=en}}
There is a children playground, cave and water play features located at the park's Play City zone, while on the other side of the zone is a pond with weeds and gardens. The park also comes with a few open-air spaces such as the Events Lawn and Sunlight Plaza that play host to future events.
The park includes a number of F&B establishments with American-based fast food chain Shake Shack and Japanese coffee chain % Arabica Roastery opening their first outlet in Malaysia at the mall's rooftop park.{{Cite web |last=Zaiful |first=Lisa |date=28 October 2023 |title=Shake Shack set to open 1st outlet in Malaysia |url=https://sg.style.yahoo.com/shake-shack-set-open-1st-040033433.html |access-date=2023-12-14 |website=Yahoo News |language=en-US}}
Mall features
= Dining precincts =
- Food Exchange, the food court operated and managed by the mall at level concourse
- Dining Terrace, strip of restaurants and bars with glass roofs above the precinct
- Concourse Dining, housing restaurants of international and Asian cuisines at level concourse
- Premium Dining, rows of fine dining restaurants at first floor
- Park Dining, garden-inspired dining concepts at the rooftop level{{Cite news |last=Foong |first=Melissa |date=6 December 2023 |title=Food Guide: What to eat at The Exchange TRX, Kuala Lumpur |pages=1 |work=Prestige |url=https://www.prestigeonline.com/my/lifestyle/wine-plus-dine/what-to-eat-at-the-exchange-trx-kuala-lumpur/ |url-status= |access-date=2023-12-07}}
= Other precincts =
- Beauty Galleria, an alley of cosmetic and beauty care brands on the ground floor.
- Central Exchange, the mall's main atrium
- City Avenue, northern section of the mall
- Park Avenue, southern section of the mall
- Urban Node, the mall's east atrium
- Market Lane, an outdoor pedestrian street with artisan shops and al-fresco restaurants{{Cite news |date=22 September 2023 |title=TRX Exchange retail wing to open on Nov 29 |work=TheSun |url=https://thesun.my/trx-exchange-retail-wing-to-open-on-nov-29-BH11522434 |url-status= |access-date=2023-12-07}}
= Park zoning =
- Events Lawn
- Forest Walk
- Harmony Plaza
- Inspiration Garden
- Play City
- Serenity Garden
- Sunlight Plaza
Accessibility
The mall is directly connected to the {{KLRT color code|KG|20}}{{KLRT color code|PY|23}} Tun Razak Exchange MRT station via an underground link between the concourse level of the mall with the upper concourse level of the transit station. The station serves as the only cross-platform interchange in the city that links the MRT Kajang and Putrajaya Lines.{{Cite web |last= |first= |title=The Exchange TRX Mall Guide: Where to shop, eat, and drink |url=https://www.tatlerasia.com/guides/malls/the-exchange-trx-my |access-date=2023-12-07 |website=Tatler Asia |language=en}}
Access to The Exchange TRX from numerous roads were also made possible with the newly built loop tunnel underneath that encircles the whole district within TRX. The tunnel consists of 3 levels where 2 levels are meant for vehicular traffic and 1 level for mechanical and utility services. It forms connections to major highways surrounding it, including the SMART Tunnel, Maju Expressway, Setiawangsa–Pantai Expressway, Jalan Tun Razak as well as Jalan Sultan Ismail.{{Cite web |last=Hazim |first=Anis |date=23 November 2023 |title=TRX Tunnel to open on Nov 29, along with mall and rooftop park |url=https://theedgemalaysia.com/node/691009 |access-date=2023-12-01 |website=The Edge Malaysia}}
Incidents
= Fallen crane =
According to the developer, an incident had occurred during the construction of the retail mall where the jib of a tower crane had fallen at the site around 6pm on 13 April 2021. It was noted that the crane fell over due to the heavy storm at that moment while no injuries nor deaths were reported.{{Cite web |last=Salim |first=Syafiqah |date=2021 |title=No one injured in crane incident at The Exchange TRX |url=https://www.edgeprop.my/content/1830200/no-one-injured-crane-incident-exchange-trx |access-date=2023-12-06 |website=EdgeProp |language=en}}
= Building defects =
The mall was faced with numerous issues during its first week of operations with shoddy workmanship of the building ranging from cracked tiles and unfinished ceilings to malfunctioned escalators and elevators. On the second day of its opening, it suffered from a power outage in the morning, persisted for hours before the electricity was back to normal.{{Cite web |last=Amin |first=Afiq |date=30 November 2023 |title=The Exchange TRX Shopping Mall Suffers Blackout 1 Day After Opening - Hype MY |url=https://hype.my/2023/359879/the-exchange-trx-shopping-mall-suffers-blackout-1-day-after-opening/ |access-date=2023-12-14 |website=Hype My |language=en-US}}{{Cite web |last= |first= |date=2023-12-02 |title=Teething troubles plague Malaysia's flagship Exchange TRX Mall |url=https://www.dimsumdaily.hk/teething-troubles-plague-malaysias-flagship-exchange-trx-mall/ |access-date=2023-12-22 |website=Dimsum Daily |language=en-US}} The mall also had to cordon and close off the central water play area at its outdoor playground to work on the repairs due to it being broken.{{Cite web |date=2023-12-06 |title=Water feature at TRX Kuala Lumpur ruined after a week |url=https://malaysia.news.yahoo.com/water-feature-trx-kuala-lumpur-065526676.html |access-date=2023-12-22 |website=Yahoo News |language=en-US}}
Gallery
File:TRX Central Exchange (2023-12-09).jpg|Central Exchange (Main Atrium)
File:Interior of The Exchange TRX Mall (23.12.09).jpg|Park Avenue zone from Ground Level
File:Park Dining, The Exchange TRX (2023-12-09).jpg|Park Dining precinct at Level 3 of the mall
File:Food Exchange at TRX (2023-12-09).jpg|Food Exchange Food Court at Concourse Level
File:Ground level entrance of SEIBU Department Store at Kuala Lumpur, TRX (2023-12-09).jpg|Main entrance to Seibu
File:Seibu Department Store TRX Kuala Lumpur (2023-12-11).jpg|Seibu Department Store (2nd Floor)
File:Future link and entrance to Market Lane, The Exchange TRX (2023-12-11).jpg|One of the future links to Market Lane
File:Interior of The Exchange TRX (231211) 05.jpg|The outdoor Dining Terrace precinct at Level 2
File:Interior of The Exchange TRX (231211) 04.jpg|The concourse level (basement)
File:TRX City Park at night (231211).jpg|TRX City Park at night
File:The Exchange TRX from MRT (231211) 02.jpg|Entrance from the MRT Plaza
See also
References
{{reflist}}
External links
{{commons category}}
- [https://www.theexchangetrx.com/ Official website]
- [https://www.lendlease.com/my/projects/the-exchange-trx/ The Exchange TRX development by Lendlease Corporation]
- [https://trx.my/ Tun Razak Exchange (TRX)]
{{Shopping malls in Malaysia}}
{{Tun Razak Exchange district}}
Category:Shopping malls in Kuala Lumpur
Category:Shopping malls established in 2023
Category:2023 establishments in Malaysia
Category:Retail buildings in Malaysia