JOHOR BARU: The annual assessment for properties in the state is expected to rise following the state government’s decision to revise the value of properties across the board.
However, Johor Mentri Besar Datuk Mohamed Khaled Nordin said most homeowners would only face a marginal hike in assessment as the state had decided to reduce the rate for residential properties under the revaluation exercise (assessment is computed by multiplying the projected annual income rental with the prevailing assessment rate).
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