How long will DBKL traders benefit from the rental reduction?

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DBKL Traders to Receive Rental Reduction Until December 31, 2027

Kuala Lumpur City Hall (DBKL) traders will benefit from a 50 per cent rental reduction for a period extending until December 31, 2027. This initiative, aimed at alleviating the cost-of-living pressures faced by approximately 10,000 traders, encompasses hawker sites and selected premises under DBKL's purview. The reduction commenced on April 1, 2024, providing a two-year window of financial relief.
Duration of Rental Reduction

The rental reduction scheme for DBKL traders is scheduled to remain in effect for a duration of two years. This period begins on April 1, 2024, and will conclude on December 31, 2027. The announcement was made by Minister in the Prime Minister’s Department (Federal Territories) Hannah Yeoh, highlighting DBKL as one of the earliest local authorities to implement such a measure.
Scope of Beneficiaries

Approximately 10,000 traders operating under DBKL's supervision are eligible for this rental reduction. This encompasses a broad range of sites, including food courts and markets across the city. The initiative is designed to offer tangible support amidst rising operational costs, including increased fuel prices, impacting traders' livelihoods.
Rationale for the Initiative

The implementation of the rental reduction is part of a broader effort to ease the financial burden on traders. While acknowledging the need for subsidies, the government is currently prioritising rental reductions over other forms of financial assistance due to fiscal constraints and the necessity of generating alternative revenue streams. This strategic focus aims to balance support for traders with the ongoing operational costs faced by local authorities.

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How long will DBKL traders benefit from the rental reduction?

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