TRX most successful amid low office occupancy


Attractive rate: TRX under construction. With the various incentives and favourable tax practices given in TRX

KUALA LUMPUR: Overall office occupancy rates are dropping in the country and the vacancy rate is in the region of 20% but Tun Razak Exchange (TRX) will emerge as the most successful commercial development this year, said property consultancy Savills Malaysia.

Executive chairman Datuk Christopher Boyd said: “TRX has attracted an array of international and domestic institutions – HSBC, Prudential, Affin, Mulia and Lendlease.

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