G+ Integration

Tuesday, 28 August 2012

Tun Razak Exchange - the International Financial District of KL

Tun Razak Exchange (TRX), formerly dubbed the Kuala Lumpur International Financial District, is expected to benefit the surrounding areas of Pudu, Bukit Bintang and Kampung Pandan. Also, Chin Yew Sin, Deputy Secretary-General at the Federation of Chinese Association of Malaysia (Hua Zong), predicted that properties within the TRX are likely to enjoy good sales as buyers are confident of future demand for their properties once the financial hub is completed," Loong said. As Prime Minister Dato Sri Najib Tun Razak says that TRX will be the Wall Street of Malaysia.

"Real estate developers will take this opportunity to plan their projects in these areas to attract foreign direct investment of around RM3.5 billion, and become a catalyst for the Government's Vision 2020 as well as Economic Transformation Programme (ETP) initiatives. Loong Kok Wen, Senior Analyst at RHB Research Institute, said the new transportation facilities and infrastructure will likely increase the value of RM26 billion.

"The new properties surrounding the TRX are likely to enjoy good sales as buyers are confident of future demand for their properties once the financial hub is completed," Loong said.

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