MCA: Quit and parcel rent rates hike may burden Penangites


GEORGE TOWN: The hike in Penang’s quit rent and parcel rent rates from 2027 could become a “financial burden for ordinary Penangites”, warns MCA vice-­president Datuk Tan Teik Cheng (pic).

Tan, who is the Penang MCA chairman, said many residents were already struggling with inflation, stagnant wages and the expanded Sales and Service Tax.

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