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THE Federal Territories Land and Mines Office has collected RM11.99mil from parcel rent billing for stratified buildings in Kuala Lumpur as of Sept 24.
A good address not only determines how you live when you move in, it also provides a good gauge of how you will be living your life in future. Most realtors would advise that the three most important elements in buying a home are “location, location, location” – and that says a lot.
THE Penang government has been urged to review its parcel rent (cukai petak) policy which is claimed to have added an unnecessary burden on the people.
KUALA LUMPUR (Bernama): The final date for payment of the 2020 quit rent and parcel rent in the Federal Territories (FT) of Kuala Lumpur, Putrajaya and Labuan has been extended by six months from May 31 to Nov 30.
THERE had been suggestions by the Housing Minister to also regulate commercial property development projects via the Housing and Local Government Ministry in addition to its current task of regulating residential property development projects.
MANY of you who are property owners, whether you live on landed property (for example, single storey or double storey houses or bungalows) or in a strata development such as condominiums or apartments, would have in your possession a document called “issue document of title” for landed properties or “strata title” for stratified properties.
HITTING the brakes on dubious land deals in Kuala Lumpur has earned accolades for the Federal Territories Ministry.
THE Penang government should first study the assessment rates for different categories of properties before imposing a blanket tax on everyone which is unfair, says Citizen Awareness Chant Group (Chant) legal adviser Yan Lee (pic).He said the state should look into the categories of assessment rates like those imposed in developed countries before imposing the rates on ratepayers.
STRATIFIED property owners in Penang have until May next year to pay the parcel rent for 2019 without being penalised.
A NEW tax system known as parcel rent for stratified properties in Kuala Lumpur will take effect from Jan 1 next year.