Determination Of Real Estate Tax Subject To State Govt Policies - JPPH | Malaysian Institute of Estate Agents

Determination Of Real Estate Tax Subject To State Govt Policies - JPPH

2018-03-07

PUTRAJAYA -- Determining the amount of real estate tax is subject to state government policies, particularly through the State Land Rules, said Valuation and Property Services Department (JPPH) director-general, Nordin Daharom.

Commenting on a property tax increase report in Selangor and Penang since 2008 published by a local newspaper, he said the determination of land tax in both states was based on Selangor State Land Rules 2003 and Penang State Land Rules 2005.

According to him, generally the application or alienation of land under the State Land Rules in Selangor and Penang is based on market value.

“The Department of Valuation and Property Services also plays the role of an adviser to the state government in recommending fair valuation of properties.

“Among them are imposition of premiums for the purpose of conversion, application for land ownership, lease extension and so forth, except for the assessment tax which is implemented by the local authorities," Nordin said in a statement, here today.

Last Sunday, Balakong state assemblyman Eddie Ng Tien Chee said the state government had no power over the property tax increase in Selangor, instead it was decided through JPPH’s assessment.

ADVERTISEMENT