PETALING Jaya folk can expect an assessment rate increase of up to 25% from January.
City mayor Mohamad Zahri Samingon (pic) told StarMetro this was a Selangor government directive, when met at the Karnival Usahawan MBPJ dan Koperasi on Wednesday (June 12).
“The increase will (use) a new calculation based on current market valuation. The last revision (of rates) was in 1992.
“The implementation of the rate increase is expected to take place on Jan 1 upon final approval from the state government," he said.
It was reported earlier that the Selayang Municipal Council (MPS) received over 33,000 objections following its latest assessment revision process.
MPS deputy president Adi Faizal Ahmad Tarmizi said objections by 20% of some 230,000 MPS account holders were within the expected range.
He acknowledged that there was a perception that the valuation had been set too high, and welcomed feedback from property owners.
