Penang govt ready to reduce assessment rates for certain cases
Last update: 01/10/2019
GEORGE TOWN, Oct 1 -- The Penang government is ready to consider reducing the assessment rates for certain categories of ratepayers after the review exercise, said its Housing, Local Government and Town and Country Planning Committee chairman Jagdeep Singh Deo.
“I'm not saying that it applies to everyone but to those who have a legitimate reason. We are currently gathering objections and appeals," he told reporters after a briefing on the review of property assessment rates here today.
He said all ratepayers have until Oct 14 to submit their appeals to their respective city council against the assessment rate review.
Jagdeep, however, did not disclose the amount of the deduction that would be given and stressed that it only applicable to specific cases.
It was reported that beginning 2020, all property owners in the state would have to pay higher assessment rates.