CORE Residence @ TRX gets linked bridge to TRX City, units 80% taken up
KUALA LUMPUR (July 3): CORE Precious Development Sdn Bhd, the developer of CORE Residence at the Tun Razak Exchange (TRX), has completed the installation of a linked bridge connecting the residential property to TRX City Park — a 10-acre rooftop park that's part of The Exchange TRX, a joint venture development between Lendlease and TRXs master developer TRX City Sdn Bhd.
CORE Precious Development is a joint venture between China Communications Construction Group (CCCG) and WCT Holdings Berhad.
In a press release, CORE Precious Development Sdn Bhd’s chairman and managing director Zhang Bao said: “I am very pleased to announce the installation of the linked bridge connecting CORE Residence @ TRX with TRX City Park. The bridge will weave CORE Residence @ TRX’s vibrant community into the fabric of TRX, [and provides] a vital link for CORE Residence @ TRX to the new heart of Kuala Lumpur, as well as unparalleled connectivity to the rest of Klang Valley.”
TRX City Park sits atop The Exchange TRX's retail mall, which is slated to open by end-2023, and has a direct link to the TRX MRT station.
According to the CORE Precious Development, the link bridge, which was fabricated off-site, has a width spanning two car lanes and is over three storeys above ground.
Zhang said that CORE Residence @ TRX has achieved an 80% take-up. "We expect to have sold all units by the end of this year. We remain on track to complete CORE Residence @ TRX by the end of 2023 and look forward to handing over completed properties soon.”
With a gross development value (GDV) of RM1.4 billion, CORE Residence @ TRX is a freehold property comprising three blocks of serviced residences on a 1.65-acre land.
“Response to CORE Residence @ TRX continues to be very encouraging, demonstrating high demand for properties within the highly anticipated Tun Razak Exchange. CORE Residence @ TRX is attracting investors from all over the world, with our buyers hailing from more than 25 countries and regions including Malaysia, China, Singapore, South Korea and Japan. Of note, we expect to benefit from the positive impact of China’s economic reopening, with our team starting to receive more enquiries from Chinese prospective buyers," he added. - Edge Prop
- Developer: CORE Precious Development Sdn Bhd (Company No.1062140-X) Level 5, Unit 5.03, Menara Khuan Choo, 75 Jalan Raja Chulan, 50200 Kuala Lumpur, Malaysia • Developer's License No.: 19783-1/10-2022/02921(L)
- Validity: 16/10/2021 -15/10/2022 • Advertising & Sales Permit No.: 19783-1/10-2022/02921(P) • Validity: 16/10/2021 -15/10/2022• Land Tenure: Freehold• Land Encumbrances: Bank of China (Malaysia) Berhad • Authority Approved Building Plan: Dewan Bandaraya Kuala Lumpur• Building Plan No.: BPT4 OSC 20190798 • Expected Date of Completion: March 2024 • Type of Property: Serviced Apartment• Total Units: 580 • Block 1 - 287 units, Price: RM1,516,816 (Min) - RM2,534,302 (Max)• Block 2 - 293 units, Price: RM1,502,626 (Min) - RM2, 264,057 (Max)• Bumiputera Discount: 5%. IKLAN INI TELAH DILULUSKAN OLEH JABATAN PERUMAHAN NEGARA• The information contained in this material is subject to change and cannot form part of an offer or contract. All renderings are artist's impressions only. All measurements are approximate. While every reasonable care has been taken in preparing this material, the developer cannot be held responsible for any inaccuracies. All the above items are subject to variations, modifications & substitutions as may be required by the Authorities or recommended by the Architect or Engineer.
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