Penang schools’ quit rent slashed to RM50


Yap showing examples of quit rent rates during a press conference at Komtar. — LIM BENG TATT/The Star

ALL land used for school purposes in Penang will only be charged a nominal quit rent of RM50 per lot beginning this year.

Chief Minister Chow Kon Yeow said the move followed a state government decision aimed at easing the financial burdens of educational institutions.

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