Business

Sarawak’s quit rent hike not over 100%: Land and Survey Dept

Director refutes reports of new rate going up by 400%-700%

Updated 3 years ago · Published on 30 Dec 2022 8:54PM

Sarawak’s quit rent hike not over 100%: Land and Survey Dept

KUCHING – The increase in Sarawak’s quit rent rate that is to take effect on January 1 does not exceed 100% of the old rate, Sarawak Land and Survey Department director Datuk Abdullah Julaihi said.

He said reports of the new rate going up by 400%-700% were inaccurate.

Abdullah said the hike involved 59,710 of the 734,388 land title deeds registered in Sarawak. 

“The claims and figures of the new quit rent rate increasing by 400%-700% are inaccurate and misleading.

“In fact, the revision done on the rates also involves a reduction between 7%-20% for several types of land use,” he said in a statement here today. 

Abdullah said the new rate is also one of the lowest in Malaysia compared with other major cities such as Kuala Lumpur, Shah Alam, Ipoh, George Town, and Johor Baru.

On December 28, the Sarawak Land and Survey Department informed that 59,710 out of 734,388 land title deeds registered in Sarawak were involved in the revision of the quit rent rate effective January 1.

It said the review was carried out following intensive development in the city and its surrounding areas, which resulted in land categories being upgraded. – Bernama, December 30, 2022

Related News

Malaysia / 1h

Nanta Linggi to leave Parliament after five terms, may contest new Sarawak state seat

Malaysia / 2d

Sabah and Sarawak can become 'kingmakers', determine who will lead Federal government

Malaysia / 4d

Haze getting worse, five areas in Sarawak record unhealthy API readings – DOE

Malaysia / 1mth

Abang Jo: Bintulu Port strengthens Sarawak’s position as strategic maritime, industrial hub

Malaysia / 1mth

Minister: Sarawak made right decision to reject entry of Rohingya refugees in 2017

Malaysia / 2mth

Sarawak seeks China collaboration to fix growing doctor shortage

Spotlight

Malaysia

Sarawak schools told to halt outdoor activities as haze pushes air quality into unhealthy range

World

Indonesia haze forces schools to close as wildfires intensify amid severe dry season

Malaysia

PN walkout over Tabung Haji debate a political misstep, says analyst

By Alfian Z.M. Tahir

Malaysia

51 witnesses to testify at inquest into death of 10-year-old boy found unconscious in school toilet

Malaysia

Female student arrested for allegedly hurting classmate with kerambit at school

World

Colombia quake death toll hits 111 as rescue teams race to find survivors

World

Trump secretly switched to third aircraft in Türkiye over Iran assassination threat

Malaysia

Anwar questions PN’s priorities after Tabung Haji RCI walkout

Malaysia

MACC, police probing TH after RCI findings as govt warns no one will be spared

By Alfian Z.M. Tahir

You may be interested

Business

Port businesses badly hit by uncertainty over commingled oil tax – maritime expert

Business

Govt tightens import controls to protect consumers and ensure fair competition

Business

Oil holds above US$82 as Trump demands cloud Strait of Hormuz reopening

Business

Jobless numbers rise despite unemployment rate holding at 3% - DOSM

Business

Nation’s wholesale and retail trade surges 10.1% to RM168.5 billion

Business

Fatal Red Sea attacks spark fresh oil price spike despite diplomatic talks