30% cut in assessment for Putrajaya homes below RM300,000
The tax cut will take effect on Jan 1, 2023.
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Houses in Putrajaya priced below RM300,000 will be given a 30% discount in assessment beginning next year, says Prime Minister Anwar Ibrahim.
He said the tax cut would take effect on Jan 1, 2023 until a reassessment is done by Putrajaya Corporation.
"This 30% discount is for residential premises built between 2017 and now, involving almost 8,500 units," he said in a statement today.
Anwar said he decided to reduce the charges following complaints from Putrajaya residents that the assessment for their premises was higher than that in surrounding areas.
He said this was also in line with the government’s desire to ease the burden of the people, especially the M40 and B40 groups in owning affordable homes in Putrajaya.
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