Core Precious Development Sdn Bhd, a joint-venture (JV) company between China Communications Construction Group (CCCG) and Bursa Malaysia-listed WCT Holdings Berhad, had today launched the first residential project at the Tun Razak Exchange (TRX). Core Precious, which is 80% owned by CCCG and 20% by WCT, hosted the launch ceremony at Menara Khuan Choo where its sales gallery is located.
The event was attended by TRX City Sdn Bhd Chief Operating Officer Mr. Tan Hwa Min, WCT Holdings Berhad Deputy Managing Director Mr. Goh Chin Liang, CCCG Real Estate Group Vice President and CCCG Overseas Real Estate Chairman Mr. Sui Zhenhai, and CORE Precious Development Sdn Bhd Mr. Zhang Bao. In addition to an auspicious lion dance performance, the guests of honour also participated in a logo unveiling and ribbon-cutting ceremony to officially launch Core Residence @ TRX.
Strategically located in TRX, Malaysia’s first international financial district, Core Residence @ TRX is a high-end freehold property worth a gross development value (GDV) of RM1.4 billion. Developed on a land area of 1.65 acres, it features three blocks of serviced residences with units ranging from 624 to 1,022 square feet. With GBI and LEED green building certification standards, the project is also more energy-efficient and sustainable thus becoming a prestigious address that will stand the test of time.
Core Precious Chairman and Managing Director Zhang Bao said during the event: “The 50-storey building which features an infinity pool, air gym, and a 7-storey podium with a central park on the roof, is equipped with many other world-class amenities that can cater to the upscale lifestyle of financial professionals and expatriates.”
“Conveniently located in the heart of the city centre at the intersection of Bukit Bintang Road and Tun Razak Road, Core Residence @ TRX enjoys ultimate accessibility with the integration of transportation services and access to multiple highways, and provides a seamless connectivity with prime facilities nearby in retail, entertainment, education, healthcare and so on,” he added.
Core Residence @ TRX is well-positioned to be the frontier of global living for professionals and financial practitioners who will live and work in the business district of Kuala Lumpur. TRX is deemed a natural expansion of the Golden Triangle – Kuala Lumpur’s prominent commercial, shopping, and entertainment hub – and Core Residence will accommodate new generation clientele who need the convenience of accessibility and require facilities to suit their urban lifestyle needs.
TRX is an integrated 70-acre development that will be KL’s new CBD and Malaysia’s International Financial District. The master developer, TRX City Sdn Bhd, is wholly owned by the Malaysian Ministry of Finance and serves as a strategic development company. TRX City ensures the development of the financial district to follow the future-ready masterplan, which combines world-class infrastructure, excellent connectivity, sustainable design and attractive urban ecosystem.
CCCG, the 80% owner of Core Precious, is Asia’s largest international contractor, and has ranked number one among listed enterprises in Asia for 10 consecutive years. Listed in Hong Kong and Shanghai, the group’s profitability and value creation capabilities are among the leading global players. CCCG has been on the Fortune Global 500 list for 12 years, achieving a rank of number 93 as of 2019.
For more information about Core Residence @ TRX, kindly call +6017 555 2673 or visit coreresidence-trx.com