S P Setia Bhd will be unveiling ViiA Residences at KL Eco City in August, said the developer in a press statement.

The financing comprises a US$174 million senior construction loan and a US$45 million mezzanine loan.

Its new chief executive officer Datuk Thomas Liang said the project management services provider will acquire the buildings by the first half of the financial year ending Dec 31, 2017.

S P Setia Bhd saw 70% of its cluster semi-detached homes in the first phase of Setia EcoHill 2, Semenyih booked during its preview last weekend.

MMC Corporation Bhd and its partner in the Klang Valley Mass Rapid Transit (KVMRT) project are being sued for over RM300 million for an alleged breach of contract relating to a land acquisition for the project.

Acclaimed Feng Shui master Datuk Joey Yap and TheEdgeProperty.com are teaming up to give away 50 tickets worth RM138 each to the “Joey Yap’s Thriving In Turbulent Times: The Art of Qi Men Feng Shui” seminar this Sunday exclusively to the portal’s visitors.

Sime Darby Bhd said last Friday that the results of the UK’s referendum to exit the European Union (EU) will not impact the viability of the Battersea Power Station project.

Little-known Johor Bahru-based property developer BCB Bhd, which has seen its earnings balloon near six times in the last four years, is scaling down its launches to bite-sized portions as headwinds continue to buffet the local property market.

Banks have greater leniency towards individuals with problems servicing mortgages — analyst.