"Once the objection period ends, the council will go through each case and respond accordingly.” - Mohd Zulkurnain Che Ali
THE ongoing property valuation exercise being carried out by Subang Jaya City Council (MBSJ) will add RM48mil to the council’s coffers in the form of assessment taxes.
MBSJ deputy mayor Mohd Zulkurnain Che Ali said the existing valuation lists, which had been in effect since 1992 and 1996, needed updating to balance the council’s increasing management and service costs.
“This review is essential to ensure that revenue generated can adequately cover the increasing costs of city management and services, and to enhance the quality of services provided to our residents,” he said.
The new assessment tax will come into effect on Jan 1, 2025 but the increase will be implemented in two phases, with half of the quantum implemented next year and the remainder in 2026.
When fully implemented, the increase in assessment tax will generate RM48mil in revenue for the city council.
Mohd Zulkurnain said residents had until Aug 2 to object to the new property valuations and could do so online or by writing to MBSJ.
“A total of 326,646 notices have been printed and handed over to Pos Malaysia starting from June 21 to inform property owners.
“Once the objection period ends, the council will go through each case and respond accordingly,” he said after the council’s full board meeting yesterday.
In addition to a special counter, all councillors will also attend a briefing to better understand the valuation exercise and assessment calculations.
Mohd Zulkurnain said this was to ensure councillors would be able to properly explain the exercise to residents.
He added that the average assessment tax increase across all properties would be capped at 25% as determined by the state executive council.
The new tax rates for various property categories are 4% for residential buildings and vacant residential land; strata residential properties such as condominiums and apartments (3%); service apartments and shop apartments (3.5%); commercial buildings and vacant commercial land (5%); industrial buildings and vacant industrial land (5.5%), Selangor water assets and facilities (3%); and 2% for vacant agricultural land.
For inquiries regarding the new valuation list, property owners can call the MBSJ Valuation and Property Management Department at 03-8026 3115.
Notices and further details are also available on the MBSJ website.
Objections can be made online at bantahan.mbsj.gov.my/
