News by Natalie Khoo

The Federal Territory KL’s (KL) property market saw a slight moderation as the market activity and construction sector softened, but prices of landed residential property still recorded strong growth in 2015.

The residential sub-sector still took up the largest share of the market, contributing 65.2% in volume and 49% in value.

To commemorate the sizeable Japanese investments into the landmark Bukit Bintang City Centre (BBCC) here, BBCC Development Sdn Bhd will be hosting a month long Japanese-themed event titled YOKOSO: A Celebration of Japan @ BBCC at the project sales gallery starting today.

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.

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

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

Sime Darby Property Bhd’s Elmina Valley Phase 2, which comprises 2-storey linked homes, saw a take-up rate of 94% since its launch last Saturday.

Singaporean hotel and serviced residences operator Far East Hospitality (FEH) is upbeat about Malaysia’s tourism industry and is poised to take advantage of an anticipated growth in international tourist arrivals to the country, said CEO Arthur Kiong.

More than a decade of experience in corporate sales has stood City Crest Realtors principal Darren Khor in good stead. “The experience I gained from my sales job definitely shaped and helped me become who I am today,” he says.