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 TRX RESIDENCES @ TUN RAZAK EXCHANGE, KL International Financial District+MRT

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wotpian
post Jun 23 2022, 10:50 AM

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QUOTE(flight @ Jun 23 2022, 04:07 AM)
U r living in la la land.

This is not the same thing. The transactions in 1mdb is daylight robbery.

This is not the same as getting permits and contracts. Neither is good, but 1mdb is on a different lvl.
What domestic debt external debt. Seems like a bunch of nonsense to me.

If ur talking about foreign influence coming in. Najib seems to be much more willing to auction off the countrys interest for his personal gain. In fact, this may have already occured.
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You believe the 1mdb that mostly report and came out from American govt the DOJ department? the most corrupted government in the world. Can't believe how naive you are.

To turn domestic debt to external debt is another different lvl than 1mdb. Basically direct sold your country to foreign country.

Foreign influence already proven and admitted by American and NED. They even openly spoken in public and captured by video, Pakatan harapan and Bersih also keep quiet. Many Bersih and PH funding pipeline already discovered was from NED.

So you still live in wet lala land?

This post has been edited by wotpian: Jun 23 2022, 10:56 AM
zack.gap
post Jun 23 2022, 11:40 AM

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I think let's stop discusing politics here ya. Tun M or Najib, neither one is PM today.

Big question mark is whether TRX will suceed. Looking at the current facts, HSR project is cancelled, Bandar Malaysia is cancelled, performace of recently opened malls like Lalaport indicate that commercial space is underperforming. Any reason why anyone want to invest rm2k/psft here when KLCC area is better and cheaper?
wotpian
post Jun 23 2022, 07:48 PM

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QUOTE(zack.gap @ Jun 23 2022, 11:40 AM)
I think let's stop discusing politics here ya. Tun M or Najib, neither one is PM today.

Big question mark is whether TRX will suceed. Looking at the current facts, HSR project is cancelled, Bandar Malaysia is cancelled, performace of recently opened malls like Lalaport indicate that commercial space is underperforming. Any reason why anyone want to invest rm2k/psft here when KLCC area is better and cheaper?
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The biggest selling point is most of the bank HQ and company HQ will base here in TRX.

Already HSBC HQ at TRX. It moved from damansara height to TRX.

Affin bank HQ, prudential HQ. Heard Bursa Malaysia wilI move here, if it's true will be good. more and more other HQ base here will make a boom here.

Is it worth rm2k persqf? see how it perform when the area almost mature. Pavilion kl just short distance walk from trx, some units at pavilion kl there already above rm3k persqf in subsale market if not wrong.

If many companies & banks HQ base at trx also can't sustain, I don't know what can do already. IMHO, overall potential at trx believe still better than 118 tower.

This post has been edited by wotpian: Jun 23 2022, 07:58 PM
hopeful forever
post Aug 24 2022, 09:00 AM

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HSR was in the edge that the govt wants to revive it again.

To get to trx there are many cheaper properties that r just 1 to 2 mrt stops away. So those who work in trx can also opt to stay in those properties as they command cheaper rental and travelling time to trx is relatively short. Chan sow lin has many new properties and it is just 1 mrt stop away.
hopeful forever
post Aug 24 2022, 09:08 AM

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If u add in cheras projects u hv a few thousand units located nearby ..sunway velocity 1 + 2 and one cochrane, laville.
icemanfx
post Aug 24 2022, 09:12 AM

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QUOTE(wotpian @ Jun 23 2022, 07:48 PM)
The biggest selling point is most of the bank HQ and company HQ will base here in TRX.

Already HSBC HQ at TRX. It moved from damansara height to TRX.

Affin bank HQ, prudential HQ. Heard Bursa Malaysia wilI move here, if it's true will be good. more and more other HQ base here will make a boom here.

Is it worth rm2k persqf? see how it perform when the area almost mature. Pavilion kl just short distance walk from trx, some units at pavilion kl there already above rm3k persqf in subsale market if not wrong.

If many companies & banks HQ base at trx also can't sustain, I don't know what can do already. IMHO, overall potential at trx believe still better than 118 tower.
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Except foreigners on short term assignment/visit, how many executives want or live at or near office? NYC, London, Canary wharf, HK, sg, etc are examples.

This post has been edited by icemanfx: Aug 24 2022, 09:13 AM
Cavatzu
post Aug 24 2022, 09:29 AM

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QUOTE(wotpian @ Jun 23 2022, 07:48 PM)
The biggest selling point is most of the bank HQ and company HQ will base here in TRX.

Already HSBC HQ at TRX. It moved from damansara height to TRX.

Affin bank HQ, prudential HQ. Heard Bursa Malaysia wilI move here, if it's true will be good. more and more other HQ base here will make a boom here.

Is it worth rm2k persqf? see how it perform when the area almost mature. Pavilion kl just short distance walk from trx, some units at pavilion kl there already above rm3k persqf in subsale market if not wrong.

If many companies & banks HQ base at trx also can't sustain, I don't know what can do already. IMHO, overall potential at trx believe still better than 118 tower.
*
TRX is pretty much purely for work. That’s not really fun. 118 will have the tourism factor and imo will be quite a bit more “fun”.

hopeful forever
post Aug 24 2022, 11:17 AM

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QUOTE(Cavatzu @ Aug 24 2022, 09:29 AM)
TRX is pretty much purely for work. That’s not really fun. 118 will have the tourism factor and imo will be quite a bit more “fun”.
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TRX will be having a shopping mall as big as Lalaport mall @ BBCC and the buying power of the executives in trx will be relatively high as generally the finance industry pays reasonably well.

TRX is under the purview of MOF and chances of growing will be good as it is under govt initiative..
Cavatzu
post Aug 24 2022, 11:38 AM

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QUOTE(hopeful forever @ Aug 24 2022, 11:17 AM)
TRX will be having a shopping mall as big as Lalaport mall @ BBCC and the buying power of the executives in trx will be relatively high as generally the finance industry pays reasonably well.

TRX is under the purview of MOF and chances of growing will be good as it is under govt initiative..
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A shopping mall does not make an area fun. It’s purely in service to the commercial buildings. Maybe the other Asian expats would want to live here but you halve your rent expense moving a few km away to Maluri.

To entice the young and monied Western expats, you need a Changkat type environment with all the local SPGs offering up their bodies on a platter.
icemanfx
post Aug 24 2022, 11:44 AM

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QUOTE(hopeful forever @ Aug 24 2022, 11:17 AM)
TRX will be having a shopping mall as big as Lalaport mall @ BBCC and the buying power of the executives in trx will be relatively high as generally the finance industry pays reasonably well.

TRX is under the purview of MOF and chances of growing will be good as it is under govt initiative..
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It could be more restrictive in activities e.g only halal food is allowed, non alcohol, mostly bumi outlets, etc.

zoozooka
post Aug 24 2022, 01:42 PM

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QUOTE(flight @ Jun 22 2022, 12:11 PM)
He got caught red handed raiding the countrys coffers. Not to mention the dubious circumstances behind several deaths of ppl related to certain cases related to him.

If he gets back into politics and hes crimes goes unpunished. It will set a precedent.

Probably the beginning of the slide to oblivion for Malaysia.
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Jib kor got caught only because he was pro-china and supported one belt one road strategy. The invisible hand from u.sa exposed the dirty works of jib jib. They exposed it not for the justice, but for their own strategy and benefit. All pro-china government in asia got into trouble with color revolution rally. Sri Lanka, Thailand.

Talk about corruptions. u.sa itself is a big mess of corruptions covered with shining wrapping paper.

Look at california highspeed train, since 2004, spent more than 100B USD. Still asking more funding. Still not even 1 mile railroad done.


Malaysia was lucky enough to have tun m in 97. At the time the country was being financially attacked by the jaw financial group and did not succumb to the attack. He protected the political, economic, and financial soverignty.

Korea surrendered and let the jaw bought their big corp with low share price. Now that GDP produced by korean, jaws take most of the profit by doing nothing because they are the major shareholders. A country of slaves work for the
zack.gap
post Aug 24 2022, 01:54 PM

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QUOTE(zoozooka @ Aug 24 2022, 01:42 PM)
Jib kor got caught only because he was pro-china and supported one belt one road strategy. The invisible hand from u.sa exposed the dirty works of jib jib. They exposed it not for the justice, but for their own strategy and benefit. All pro-china government in asia got into trouble with color revolution rally. Sri Lanka, Thailand.

Talk about corruptions. u.sa itself is a big mess of corruptions covered with shining wrapping paper.

Look at california highspeed train, since 2004, spent more than 100B USD. Still asking more funding. Still not even 1 mile railroad done.
Malaysia was lucky enough to have tun m in 97. At the time the country was being financially attacked by the jaw financial group and did not succumb to the attack. He protected the political, economic, and financial soverignty. 

Korea surrendered and let the jaw bought their big corp with low share price. Now that GDP produced by korean, jaws take most of the profit by doing nothing because they are the major shareholders. A country of slaves work for the
*
And here ladies and gents is a CCP troller (if you haven't met one yet). Buh bye now!
SUSNajibaik
post Aug 24 2022, 02:55 PM

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QUOTE(Cavatzu @ Aug 24 2022, 09:29 AM)
TRX is pretty much purely for work. That’s not really fun. 118 will have the tourism factor and imo will be quite a bit more “fun”.
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isn't 118 more on offices for government subsidiaries?
only few floors for hotel and a 118 mall, which is same as the exchange mall

trx still got rooftop park, 118 is more office feel then trx
not mentioning trx got 2 tower for hotel, not only few floors in pnb118 as hotel

i personally really think trx got more elements than 118 tho
Cavatzu
post Aug 24 2022, 02:58 PM

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QUOTE(Najibaik @ Aug 24 2022, 02:55 PM)
isn't 118 more on offices for government subsidiaries?
only few floors for hotel and a 118 mall, which is same as the exchange mall

trx still got rooftop park, 118 is more office feel then trx
not mentioning trx got 2 tower for hotel, not only few floors in pnb118 as hotel

i personally really think trx got more elements than 118 tho
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You have the entire Chinatown to play with which is decidedly not halal at all. The development itself yea impressive but sterile like KLCC.

The problem with these new mega towers is that they will very likely be halalesque in all terms so a bit too sanitary. You need a bit of sleaze to give a city some character.

This post has been edited by Cavatzu: Aug 24 2022, 03:04 PM
SUSNajibaik
post Aug 24 2022, 03:07 PM

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QUOTE(Cavatzu @ Aug 24 2022, 02:58 PM)
You have the entire Chinatown to play with which is decidedly not halal at all. The development itself yea impressive but sterile like KLCC.

The problem with these new mega towers is that they will very likely be halalesque in all terms so a bit too sanitary. You need a bit of sleaze to give a city some character.
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this 2 mega tower i can say is just waste of money hahaha
occupancy rate sure damn low since so near to each other
Cavatzu
post Aug 24 2022, 03:22 PM

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QUOTE(Najibaik @ Aug 24 2022, 03:07 PM)
this 2 mega tower i can say is just waste of money hahaha
occupancy rate sure damn low since so near to each other
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Well I think they have their intended purpose. That entire stretch of Cheras near TRX is now 1k psf. Downtown KL needed to be rejuvenated which revitalises that Pudu stretch. Created a lot of jobs and opportunities to squirrel money away.

However, these 2 things + BBCC all being completed around the same time is perhaps overkill and it would take a while to fill them up.
Hermes Aspiration
post Aug 24 2022, 06:30 PM

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QUOTE(Najibaik @ Aug 24 2022, 02:55 PM)
isn't 118 more on offices for government subsidiaries?
only few floors for hotel and a 118 mall, which is same as the exchange mall

trx still got rooftop park, 118 is more office feel then trx
not mentioning trx got 2 tower for hotel, not only few floors in pnb118 as hotel

i personally really think trx got more elements than 118 tho
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It is still unknown until the project is completed and as our government under uncertainty, there are no clarity pursuant to this iconic development.

As 118 is owned by PNB, they have some power to relocate some of their subsidiaries to here to just "fill up the empty space" but unknown to value added in terms of it's initiative or sustainable value to contribute to the development.

118's mall is slightly around or smaller than Lalaport Mall but smaller than TRX Mall who having rooftop park & garden. Hotel, KL 118 have Park Hyatt to occupy about 17-18 storey and TRX masterplan currently have 2 hotels like BBCC.

TRX offers much more value compare to this KL 118 with it's strategic positioning and more corporate offices to enhance the value as Financial Hub and also benefited from it's surrounding. KL118 lose with it's infra and structure of the development positioning.

Whether our waste money iconic projects can do or not, another story but just hope they can be success in future.
icemanfx
post Aug 24 2022, 08:02 PM

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QUOTE(Cavatzu @ Aug 24 2022, 03:22 PM)
Well I think they have their intended purpose. That entire stretch of Cheras near TRX is now 1k psf. Downtown KL needed to be rejuvenated which revitalises that Pudu stretch. Created a lot of jobs and opportunities to squirrel money away.

However, these 2 things + BBCC all being completed around the same time is perhaps overkill and it would take a while to fill them up.
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Have price and no transaction is syok sendiri price.

Cavatzu
post Aug 24 2022, 08:14 PM

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QUOTE(icemanfx @ Aug 24 2022, 08:02 PM)
Have price and no transaction is syok sendiri price.
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What do u mean? The entire Maluri is hinging on TRX and they’re selling well. Imagine how much of this land DBKL has sold at these development prices in what was once no man’s land.
icemanfx
post Aug 24 2022, 08:55 PM

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QUOTE(Cavatzu @ Aug 24 2022, 08:14 PM)
What do u mean? The entire Maluri is hinging on TRX and they’re selling well. Imagine how much of this land DBKL has sold at these development prices in what was once no man’s land.
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https://www.brickz.my/transactions/resident...dah/non-landed/

https://www.brickz.my/transactions/resident...uri/non-landed/

https://www.brickz.my/transactions/resident...ity/non-landed/

At 1k psf?

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