Adnan says assessment rates to go down


(fromt) Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor taking a walk around Block F of PPR Pinggiran Bukit Jalil after handing over 96 keys to the new home owner of the housing development.

While the valuation of properties in Kuala Lumpur will go up, the assessment rates will be reduced to compensate.

Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor said it was ridiculous to maintain the same valuation for 21 years, but the government will lower the assessment rate to reduce the burden of the people.

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