KUALA LUMPUR: The 80,000 property owners who are protesting against the hike in assessment rates by the Kuala Lumpur City Hall (DBKL) are confused because they thought it was a rise in assessment rate without realising that this will push up the value of their properties.
Federal Territory Minister Datuk Seri Tengku Adnan Tengku Mansor said the rise was actually a rise in the value of their property or their rental rate, which would have a positive impact on property owners in the Klang Valley.
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