PETALING JAYA: Property developers are lobbying to be excluded from paying a levy to the Human Resources Development (HRD) Corp, claiming that the levy contributes to increasing construction costs.
The Real Estate and Housing Developers’ Association (Rehda) Malaysia said in a statement the levy, which is 1% of employees’ monthly wages, has been mandatorily paid to HRD Corp beginning from 2021 and has “affected companies’ financials adversely”.
