CORE Precious tops out RM1.4bil CORE Residence @ TRX

KUALA LUMPUR: CORE Precious Development Sdn Bhd has topped out its 70%-completed CORE Residence @ TRX, which has a gross development value of RM1.4bil.

In a statement yesterday, the developer said it celebrated a topping-out ceremony with the placing of the final beam of the project structure, further cementing CORE Residence @ TRX position as the first residential project in the financial district of Tun Razak Exchange (TRX).

CORE Precious is a joint venture between China Communications Construction Group (CCCG) and WCT Holdings Bhd.

“This is a significant milestone for us as we successfully navigated through the Covid-19 challenges, continued the construction of CORE Residence and still achieved a strong take-up for our units,” CORE Precious chairman and managing Director Zhang Bao said.

As the first residential development in the 70-acre mega-development of Tun Razak Exchange, the future of Kuala Lumpur’s financial district, the project has received an overwhelming response from a wide array of international and local buyers.

“CORE Residence @ TRX currently has a favourable take-up rate of 80%, attracting customers from more than 20 countries with its buyers coming from key Asian countries such as China, Singapore, South Korea and Japan, and not forgetting, Malaysia,” Zhang said.

Spanning across 1.65 acres of freehold land, the luxury residence comprises two serviced residence towers with 580 units and one serviced apartment tower. Offering seven different layouts to choose from, the unit built-up ranges from 624 sq ft to 1,022 sq ft.

Upon completion, CBRE|WTW will be the property manager of CORE Residence @ TRX.