Two raids were conducted at Subang Avenue, SS16, by district police following intelligence gathered. Two units were raided, one on the sixth floor and the other on the 11th floor. Seven Vietnamese nationals were arrested in the raid today, said Subang Jaya deputy OCPD Supt Amihizam Abdul Shukor during a press conference at the district police headquarters Wednesday (March 17).
He added that the group targeted gamblers in Vietnam and that they had been operating for around three months.
Supt Amihizan noted that it was rare for a group catering Vietnamese gamblers to be operating here. When we got the intel, we had to confirm that there was gambling involved hence the reason why we had a forensics team with us during the raid. We believe that there are Malaysians involved in the group because they had to have sourced their equipment and help from here.
The overall residential property market appears to have improved slightly in 3Q2020, says Savills Malaysia director of research and consultancy Amy Wong in presenting The Edge/Savills Klang Valley High-Rise Residential Property Monitor for 3Q2020.
“During the quarter under review, the total amount of loan applications and approvals for the purchase of residential property in the country have doubled compared with the previous quarter,” she says. The total amount of loan applications increased to RM88.21 billion in 3Q2020 from RM42.55 billion in 2Q2020, whereas the total amount of loan approvals increased to RM29.74 billion from RM12.16 billion in the same period. Wong says this signals that interest in property buying remains sturdy in the market.