In The News : Property assessment rates to go down. WHILE the - TopicsExpress



          

In The News : Property assessment rates to go down. WHILE the valuation of properties in Kuala Lumpur will go up, the assessment rates will be reduced to compensate. Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor said it was ridiculous to maintain the same valuation for 21 years, but the government will lower the assessment rate to reduce the burden of the people. “I will discuss the proposal in the Cabinet and make an announcement on the quantum soon,” he said. Tengku Adnan said only 21% of property owners turned up for the public hearing sessions which were held from December last year until March on the new valuation. “Out of 166,000 property owners invited, only 35,000 turned up for the hearing and they understood the explanation given by our committee,” he said at a press conference after handing over keys to 96 new owners of PPR Pinggiran Bukit Jalil on April 19. Tengku Adnan said there were a total of 3,792 PPR units in Pinggiran Bukit Jalil. Out of a total of 1,620 units which have been allocated to the homeless and other low income families, only 980 units are currently occupied. Tengku Adnan urged the new owners to take care of their properties and surroundings. “Get to know your neighbours and their activities if you want to live in peace and harmony. If you do not need the units, give it back to us. “Do not rent it out because we will not tolerate this. “Up to today, 80 PPR units have been confiscated for these offences and we are in the midst of investigating 118,000 more units,” he said. Commenting on the planned rally against the Goods and Services Tax (GST) on May 1 at Dataran Merdeka, Tengku Adnan advised the public not to participate as it would be illegal. “The government only allows such rallies in enclosed places like a stadium. The organisers will not get a police permit if they plan to start their protest in Dataran Merdeka,” he said. Source : The Star Online.
Posted on: Mon, 21 Apr 2014 16:31:05 +0000

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