The municipal council estimates the average expected rental income of a condo eg. RM1,000 per month x 12 months = RM12,000. At the 8% rate you need to pay RM960 per annum. However the landed properties assessment has not been revised since they were built (some over 30 years ago).
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Thursday, September 18, 2008
The municipal council estimates the average expected rental income of a condo eg. RM1,000 per month x 12 months = RM12,000. At the 8% rate you need to pay RM960 per annum. However the landed properties assessment has not been revised since they were built (some over 30 years ago).
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Assessment Rates
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