(From left) Khalid, Che Roslan and Syed Azmin at the launch of the parcel rent system at the PPTGWP in Kuala Lumpur.
A NEW tax system known as parcel rent for stratified properties in Kuala Lumpur will take effect from Jan 1 next year.
It will replace quit rent and unit owners will have to pay directly to the Federal Territories Land and Mines Office (PPTGWP).
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