UEM Sunrise Bhd’s managing director and chief executive officer Anwar Syahrin Abdul Ajib is taking a leave of absence from the property development group for personal reasons, with its parent’s group managing director Datuk Izzaddin Idris assuming his duties in the interim.

The real estate exhibition, which opened its doors to the public from today to this Sunday (April 15 to 17), is also the first Mapex exhibition to have government institutions showcasing their affordable homes.

S P Setia Bhd, the country's biggest-listed developer by sales, has acquired its fourth piece of land in Melbourne, Australia, which it intends to develop into a high-end residential project with a gross development value (GDV) of A$38 million.

WCT Holdings Bhd is set to launch the first phase of luxury condominium development The Waltz Residences at Paradigm Garden City, Overseas Union Garden (OUG), Kuala Lumpur in 2Q2016, said WCT Holdings managing director Taing Kim Hwa.

Sunway Bhd is launching its third and final phase of properties at this Sunday in its Sunway Cassia residential development in Batu Maung, Penang this Sunday.

State science, innovation and information technology, communications, high technology and human resources committee chairman Datuk Norsabrina Mohd Noor said studies conducted by the state indicate that the airport, estimated to cost RM1.6 billion, should be full-fledged to cater to the growth in the Kulim Hi-tech Park.

Sold for: RM2,150,000; Concluded by: Terence Yap of One Sunterra Properties Sdn Bhd (012-210 3557); When: December 2015

Despite the generally pessimistic outlook of Johor’s property market, Johor-based developer Astaka Holdings Ltd is confident things will look up next year as the market exits its “corrective phase” and embarks on another surge of activity prompted by the growth of Iskandar Malaysia’s core sectors.

Each semi-dee unit has six bedrooms and five bathrooms.

The construction of new LRT Kelana Jaya Line extension project (LEP) is currently progressing to the final stage, and the line is on track to begin operations at end-June this year, said infrastructure operator Prasarana Rail and Infrastructure Projects Sdn Bhd (Praise) CEO Datuk Zohari Sulaiman.