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TRX RESIDENCES @ TUN RAZAK EXCHANGE, KL International Financial District+MRT
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Babizz
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Jun 21 2022, 07:43 AM
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QUOTE(Hermes Aspiration @ Jun 20 2022, 10:50 AM) Before Covid-19, it was supposed to be opened by late 2021 while Lalaport was initially Q2 2021 but this Covid-19 and MCO affected most constructions sector and big projects would be much more affected. Pavilion Bkt Jalil (delayed 1-2 years) and Lalaport KL (delayed 1 year) already took huge step to complete it and opened the mall during pandemic / endemic, but some ppl still complaint it empty and expected 100% operation. TRX / Mall would be possible to delay much longer as the project is much bigger scale and they consider lucky they had built infrastructure 50-70%, otherwise gg.com since the labour and construction costs shooting sky high. Was told both TRX Residences and Core Residence would be delay at least one year. If Job Kor and friends lose the upcoming election, TRX would be in huge chaotic. Assuming jib kor wins how can TRX be saved? How is the occupancy of exchange tower? How many anchor tenants confirmed in this mall so far? So far I only see a few. Who will the tenants be in resi units in TRX?
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Babizz
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Jun 22 2022, 12:03 PM
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QUOTE(wotpian @ Jun 20 2022, 08:40 PM) Jib kor still better in manage economy. He did a good job for Proton and infrastructure too. If give it to Pakatan Harapan those group of jokers sure die. They team up all those so called NGO create problems. Anwar already a spoke person for America also a NED member, a color revolution organisation. He even want IMF come in to our country. You can see how much suffering and pain for Argentinian get from IMF. So his better management of the economy will fill up the 5000+++ expensive apartments in TRX?
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Babizz
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Aug 30 2022, 11:09 AM
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Only hope for rental is Hua***. Other companies there the expats won't pay so much for rent n very few expat.
Anyway if want to ride on trx better buy velocity. Less than 1/3 the price but only 1 station away. Can see this TRX residence performance upon vp. For now the tower occupancy is still less than 15%. Even with H doubt can even reach 45%.
This post has been edited by Babizz: Aug 30 2022, 11:14 AM
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Babizz
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Aug 30 2022, 10:21 PM
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QUOTE(DavidKool @ Oct 16 2020, 04:09 AM) The best way to sell is actually they confused themselves to confuse all foreigners. TRX Residences was named by Lendlease in their plot with 3800 units under 6 blocks. Seriously, wonderful architecture and planning but the numbers incredible scary with such pricing. They even used themselves a 2 towers of service aparments in HK without telling the future phases. That's not included Core Residence 700+ units by WCT + CCCG and total within TRX City is actually 4500 units. And even though Core is not related to Lendlease at all but named itself a TRX condo, TRX city condo and such. Core lay-out seems look much more feasible and staffs seems better than TRX. There are few more small plots to be confirmed as no buyer taking the en-bloc office deal and hence likely to sold to other developer to sell as service apartment like Core. I driveby this area very often. When will this VP? 2024? Progress seems slow.
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Babizz
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Nov 24 2023, 08:25 AM
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Mall here is going to open with many top tenants Lets see my prediction whether the condo will result in very low rental yield (below 4%), low rental liquidity and depreciation.
This post has been edited by Babizz: Nov 24 2023, 09:31 AM
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Babizz
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Dec 20 2023, 07:39 PM
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QUOTE(Aldo-Kirosu @ Nov 23 2023, 09:11 PM) I am curious the highest paid for expats is how much in Malaysia at trx job vacancy. Let assume 5% of the total job opportunity in trx is same level highly paid expats, can it digest how many unit rental at this high end trx residence? Surely can't but the mall is doing very well. Fantastic footfall. On par with pavilion.
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