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Projek Tun Razak Exchange (TRX) sold-out
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PETALING JAYA: All parcels of land for Stage 1 of the 28.3ha mixed development at the RM18bil Tun Razak Exchange (TRX) have been sold to investors, with master developer 1Malaysia Development Bhd (1MDB) retaining about five parcels for itself, said sources.
A source said that the majority of investors who took up the parcels of land were foreigners.
“1MDB has decided to keep about five parcels for itself, as it wants to develop them for some long-term recurring income,” said the source.
Last December, TRX carried out its investor memorandum process where it was looking for international and local investors in the form of joint-venture partnerships or outright plot sales for Stage 1 of TRX.
Subsequently, international property and infrastructure group Lend Lease was chosen, following an international bidding process overseen by CBRE, a global property consultant.
Stage 1 of TRX comprises four office towers, including a signature tower, five residential towers, two five-star hotels and a retail mall. However, no development value was given then.
Stage 1 includes the “Lifestyle Quarter”, which is a retail-led mixed-use development of over 17 acres comprising a hotel, three residential towers and a new retail mall connected to TRX’s multi-layer central park.
In a statement, 1MDB said that the Lifestyle Quarter was expected to attract up to US$1bil (RM3.2bil) in foreign direct investment. Construction is now slated to commence in early-2015.
TRX is a 28.3ha mixed-use development in the Imbi area of Kuala Lumpur, which is being developed as the new financial and business district, with commercial, residential, leisure and cultural components.
Separately, the source added that 1MDB would not be asking for an extension for the filing of its accounts for the financial year ended March 31, 2014.
1MDB has until the end of the month for the auditors to sign off the accounts and another month to lodge it with the Companies Commission of Malaysia (CCM).
“Technically, it has until end-October to lodge the accounts with the CCM,” said a source.
Yesterday, 1MDB Real Estate Sdn Bhd (1MDB RE) announced that it was inviting contractors to participate in an open pre-qualification exercise for infrastructure and internal roadway works to be built at the upcoming financial and business district.
In a statement, 1MDB RE chief executive officer Datuk Azmar Talib said the earthworks package, which started in April 2013, was expected to be completed by the first half of next year.
The pre-qualification process for the next batch of work will shortlist qualified companies for the tender stage.
“The current earthworks at the TRX site involves a four-storey-deep excavation for the underground basement level of the project.
“The next packages of work would extend to the roadworks and tunnels to support our key infrastructure, including underground road structures, the installation of buried utilities and both at-grade and elevated roadways,” he said.
He added that 1MDB RE had remained faithful to the TRX masterplan as drawn up by Machado and Silvetti Associates and Akitek Jururancang Malaysia Sdn Bhd, other than some additional enhancement meant for the surrounding neighbourhoods, so that the entire area could benefit from its infrastructure.
Last week, TRX also entered into a 20-year concession agreement with Veolia Water Technologies Southeast Asia for waste-water treatment and recycled water supply in TRX.
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ni projek bwh 1mdb, hari tu bukan ke the edge, malaysian insider, syed akhbar bising2 bgtau investors dah cabut lari. ke sbb pendedahan tu la investors x jd lari, |
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kat sinilah ada bangunan cerdik blind di luar tu.
aku harap ada tunnel/skybridge a/c pergi BB macam dari KLCC.
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Makin sesaklah jalan di KL....
Blom kira pembangunan warisan merdeka, pudu jail lagi... |
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1mdb adalah pembawa rahmat utk sekalian alam
betapa kita smeua ummah yg beruntung
@MelahJanda
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jual tanah kpd oeang asing rupanya... |
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patut la rezap melayu makin sikit |
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bengap sungguh
inilah namanya FDI, FOREIGN direct investment
projek cenggini memang targetnya orang luar pun
habis tu nak harapkan orang malaysia melabur kat sini?
ayat orang tak sekolah |
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bila buat KLCC, dituduh satu pembaziran, dan difitnah lot ofis banyak kosong (padahal penuh)
sekarang bikin TRX pulak, dah sold out walaupun projek belum 40% siap, korang royan pulak orang luar beli
mentaliti korang memang layak duduk dalam gua jela.... kalau korang, aku rasa tanah untuk TRX ni korang buat pasar ala-ala wakaf che yeh je kot... munduuuurrrr |
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site baru nak dibersihkan, dah sold out
ini menunjukkan pelabur asing yakin melabur di malaysia
orang melayu yang mundur je yang sakit hati
melayu urban dan intelek macam saya anggap ini satu peluang |
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aku punya cita-cita, aku nak bukak satu cawangan di TRX, satu di menara warisan, satu di bandar 1malaysia |
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tekoyong posted on 27-9-2014 12:31 PM
aku punya cita-cita, aku nak bukak satu cawangan di TRX, satu di menara warisan, satu di bandar 1mal ...
punya la meroyan....cukup2 sudah
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cmf_acura posted on 27-9-2014 11:12 AM
patut la rezap melayu makin sikit
dah pelabur melayu tknk beli mmg jual kat pelabur lain la
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azrain98 posted on 27-9-2014 01:05 PM
punya la meroyan....cukup2 sudah
bergaul la dengan orang yang berjaya
baru mentaliti kamu berubah
bukan semua orang cakap kosong
mungkin kamu dah terbiasa dengan melayu kat kampung kamu kot yang selalu sembang kosong
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tekoyong posted on 27-9-2014 01:12 PM
bergaul la dengan orang yang berjaya
baru mentaliti kamu berubah
aku tak kisah pun ko nak meroyan tpi agakla sket aku pun duk tk jauh kat KL...just nak tnye ko pelabur ke?
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projek warisan merdeka dah start kan..? 610meter katenye |
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azrain98 posted on 27-9-2014 01:19 PM
aku tak kisah pun ko nak meroyan tpi agakla sket aku pun duk tk jauh kat KL...just nak tnye ...
mentaliti mundur macam ko memang takkan maju beb....
tak semestinya aku beli sebijik bangunan kat TRX
aku kata aku nak bukak cawangan bisnes aku kat situ....
boleh jadi aku sewa shoplot dekat situ,sewa sebulan paling tinggi pun mungkin 8-10k sebulan
melayu macam kamu pandai kondem je... memang patut la jangan duduk bandar, duduk kat kampung je
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azrain98 posted on 27-9-2014 01:22 PM
projek warisan merdeka dah start kan..? 610meter katenye
dah start bina
aritu PNB dah bukak bid untuk melayu bumiputera beli sebahagian lot kat situ
harga memang gila-gila la, aku tak mampu
tapi ada sorang datuk (nama rahsia) dah janji nak sewakan lot dia kat aku, laluan masuk/keluar dari MRT
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Strategik tanah nie, dekat dgn KLCC kan? |
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