• The overall property market has started to recover, with a large number of launches for both low-rise and high-rise residential projects this year. The number of property transfers has also risen by 14.3%. Meanwhile, office buildings are being completed to meet market demand, providing facility management businesses with growth opportunities.
It hardly needs to be said that building and facility owners are concerned about expenses that result from the operation of the building or facility. A critical expense at a facility is the energy bill. The air-conditioning system is responsible for 50-60% of said energy bill at a facility. If we are to reduce energy consumption, it is crucial to implement accurate remedies and place importance in optimising the air-conditioning system. Plus Property has introduced a new technology to help with preventing energy loss at buildings and facilities. The technology involves the pro-active use of IoT to monitor and control the HVAC system. Under a partnership with TIE, distinctive techniques are employed to develop PLUS’s AIoT Platform. The patented technology integrates the use of building systems engineering, digital IoT and proficient personnel.