New residential property assessment rate set at 7%, says Ipoh mayor

Rumaizi at the lucky draw event at MBI headquarters for ratepayers who made full payment for this year’s assessment.

THE assessment rate for residential properties in Ipoh, Perak, has been set at 7%, a slight reduction from the figures announced previously, says mayor Datuk Rumaizi Baharin.

The new rate, he said, was gazetted by the Perak government on Dec 11 last year, and the reductions have also been made for other property categories, such as commercial and factories.