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

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