Following the announcement last week of the LRT extension in the Klang Valley, we took the opportunity to identify some of the major property developments in the vicinity of the proposed new LRT stations. Prequalification tenders for the construction of the extension lines are expected to be called next month and awarded only from early 2010, for construction over 3 years. This, we reckon, is very timely as the estimated completion of the extension lines by early next decade will likely coincide with the expected boom in the mass- to mid- housing market, thus giving many of the townships along these upcoming LRT lines the leverage to ride on the next major upcycle.