Ant International to Establish Digital Business Centre at Exchange 106
Ant International, affiliated with China’s Ant Group, is set to expand its presence in Malaysia by establishing a digital business centre at Exchange 106, the iconic skyscraper in Tun Razak Exchange (TRX). The company will occupy 62,000 sq ft across three floors, making it the building’s fifth-largest tenant.
A Strategic Move in a Premier Location
Ant International’s move is part of its broader strategy to tap into Malaysia’s tech talent pool and reinforce its operations in Southeast Asia. The company announced earlier this year that its digital business centre would create over 500 jobs in its first year, with plans to expand its workforce by 2028.
The newly leased space spans the 75th, 76th, and 77th floors of Exchange 106. This tenancy is expected to commence in mid-December 2024, with office fit-outs set to be completed by the first quarter of 2025.
Exchange 106: Malaysia’s Prime Office Destination
Located in TRX, Exchange 106 is Malaysia’s second-tallest building, featuring:
- 2.6 million sq ft of net lettable space.
- 93 column-free office floors designed for flexibility.
- High visibility and Grade A+ office specifications.
The tower’s asking rent is among the highest in Malaysia, ranging from RM10 to RM15 per sq ft per month. This reflects its premium positioning, with Ant International’s rent reportedly exceeding RM10 per sq ft, higher than earlier tenants like Huawei.
A Growing Tenant Base
Ant International joins an impressive lineup of Exchange 106 tenants, including:
- Huawei (240,000 sq ft across 10 floors).
- Exness (140,000 sq ft across six floors).
- The Access Group and Centauri Services (each occupying three floors).
This strong demand reflects the building’s appeal among global businesses seeking premium office spaces in Kuala Lumpur.
Impact on TRX and Malaysia’s Economy
Ant International’s move to Exchange 106 signals confidence in Malaysia’s growing digital economy. By setting up its digital business centre in TRX, the company is expected to:
- Drive innovation in fintech and digital payments.
- Generate over 500 job opportunities, further boosting the local economy.
- Contribute to TRX’s vision as a regional financial hub.
TRX: The Future of Business in Kuala Lumpur
As a master-planned financial district, TRX continues to attract world-class tenants, bolstering its reputation as a leading business destination. Exchange 106, with its strategic location and cutting-edge facilities, remains at the forefront of this transformation.
With its target of 70% occupancy by the end of 2025, the tower is positioned to cater to the needs of both local and international corporations, ensuring its continued role as a key player in Malaysia’s commercial real estate landscape.
