Quit and parcel rent hikes will hurt Penangites, says MCA


GEORGE TOWN: The Penang state government is urged to be fully transparent over its sweeping reclassification of town and village boundaries, which will lead to higher quit and parcel rents for nearly 400,000 land and home owners.

MCA vice-president and Penang state liaison committee chairman Datuk Tan Teik Cheng said the move risks placing a heavy burden on Penangites already struggling with inflation, stagnant wages, subsidy cuts and the expanded Sales and Service Tax (SST).

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