Kedah wants full-fledged airport in Kulim

KULIM (April 15): The proposed Kulim International Airport (code-named KXP) is back to being a full-fledged passenger and cargo airport in the final proposal to be submitted by the Kedah government to the prime minister in the third quarter of 2016.

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DONE DEAL: 2-storey semi-detached house at Taman Desa, Kuala Lumpur

Sold for: RM2,150,000 Concluded by: Terence Yap of One Sunterra Properties Sdn Bhd (012-210 3557) When: December 2015 Noteworthy: • Freehold • Built up: 2,500 sq ft • Land size: 3,300 sq ft • 5 bedrooms and one utility room According to the agent, Terence Yap of One Sunterra Properties Sdn Bhd, the property is located along Jalan Desa Mesra, which happens to be a popular street in Taman Desa.

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Astaka Holdings anticipates sales to spike in 2017

PETALING JAYA (April 14): 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.

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LRT Kelana Jaya Line extension on track to start operations end-June

PETALING JAYA (April 14): 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.

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Regeneration zone shows greater property price growth

KUALA LUMPUR (April 14): A study by international property consultancy CBRE has shown that properties within and around regeneration zones experience a substantial growth in prices that outpaces properties within other local authorities in London.

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