How AI and facial recognition may replace your building’s security guards
Security and surveillance advancements may mean the days of guards at establishments are numbered.
Plane returns to airport, retrieves baby left behind at terminal
PETALING JAYA (March 13): A flight from Saudi Arabia was forced to return to the Jeddah airport en-route to Malaysia when it was discovered that a passenger had left her baby at the airport’s terminal.
Malaysia Pacific Corp to sell Wisma MPL for RM189m
KUALA LUMPUR (March 12): Malaysia Pacific Corp Bhd has signed a sale and purchase agreement to dispose of Wisma MPL in Jalan Raja Chulan for RM189 million to Asia New Venture Capital Holdings Sdn Bhd.
Double the opulence with The Luxe by Infinitum
Property investors looking for high-end apartments in Kuala Lumpur city that won’t break the bank should look no further than The Luxe by Infinitum, the latest classy offering of dual-key units by Macly Equity Sdn Bhd, a joint venture between two eminent Singaporean developers Macly Group and RoxyPacific.
Global real estate investments record best performance in a decade
PETALING JAYA (Jan 22): Overall global real estate investment volume in 2018 were up 4% from 2017, achieving the best annual performance in a decade, according to global real estate consultancy JLL’s research, However, global investment volumes are expected to fall about 5% to 10% from the US$733 billion (RM3.
Forest City developer denies allegations of hiring illegal workers from China
JOHOR BARU (Jan 16): Country Garden Pacificview (CGPV) Sdn Bhd issued a statement denying that it had cases of non-contractual payment for workers from China who had entered the country on tourist visas.
One million affordable homes achievable, says real estate consultant
KUALA LUMPUR (Jan 16): The government's plan to build one million units of affordable homes within the next 10 years can be achieved albeit being a tall order, said CBRE|WTW managing director Foo Gee Jen.
JB’s high-rise residences vacancy rate expected to hit an unprecedented above 50% this year
KUALA LUMPUR (Jan 16): The vacancy rate of Johor Bahru’s high-rise residences is expected to hit above 50% for the first time in 2019, said CBRE | WTW Johor Bahru (pictured) director Tan Ka Leong.
‘Panel has 18 months to cut national debt to manageable level’
KUALA LUMPUR (Jan 16): The Prime Minister’s Office (PMO) has set up a debt and liability management committee, which is tasked with reducing the government’s debts and liabilities to a manageable level within the next 18 months.
DONE DEAL: Third floor of two adjoining 4-storey shopoffices, UOA Business Park, Shah Alam
Rented for: RM10,420 (RM2.
