Parcel quit rent should be calculated based on market conditions, say stakeholders
PETALING JAYA (Nov 4): Key industry stakeholders have raised concerns over the high rates resulting from the introduction of parcel quit rent for stratified properties. They said the government should consider calculating the quit rent based on current market conditions to avoid burdening property owners. In a joint statement last Saturday, the National Chamber of...
- By srec
- November 18, 2019
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