No more land sale in TRX


Easy access: The construction of the Signature Tower by the Mulia Group of Indonesia in progress. Azmar (inset) says TRX City wants to keep the land in TRX for two to three years"

SYDNEY: There will be no further sale of land within the Tun Razak Exchange (TRX) compound in the next two to three years until the infrastructure for the 70-acre mixed-use development in the heart of Kuala Lumpur is ready.

According to TRX City Sdn Bhd chief executive officer Datuk Azmar Talib, there are two reasons to hold off the sale of the remaining land in the development.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , TRX , Lendlease , land , sale , tun , razak , exchange , 1MDB , infrastructure , Azmar , Talib ,

   

Next In Business News

China first to produce over 10m NEVs in a year
Bank Negara announces foreign exchange policy liberalisation for MDBs, qualified non-resident DFIs
Malaysian-led consortium makes offer for MAHB at RM11.00 per share
FBM KLCI slips below 1,600; GDP expands 5.3% in 3Q
Malaysia's economy grows 5.3% in 3Q
Sunway Property generates RM42mil in sales at Sunway Bayu pre-launch event
China's Oct data shows soft economic underbelly, backs calls for more stimulus
Indonesia Oct exports up 10.3% y/y, beating forecast
Anwar calls for stronger partnerships to ensure no one is left behind in fast-paced digital age
China new home prices fall 0.5% m/m in October

Others Also Read