11/11/2022
Quit Rent, Parcel Rent and Assessment Rent Rates in Malaysia.
One important cost that new property owners tend to neglect is the land taxes that must be paid to the local authorities each year.Listen on and find out more!
https://www.iproperty.com.my/guides/quit-rent-parcel-rent-assessment-rates-malaysia-30143?utm_source=ippweb&utm_medium=post&utm_campaign=social_media_2022
Quit rent is an annual land tax imposed on private properties in Malaysia while parcel rent is its equivalent for stratified properties – both are payable to the state authority. Meanwhile, assessment tax (Cukai Taksiran) is collected by local authorities to finance the construction and maintenanc...