How many objection letters were received against the proposed rate increase?

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40,000 Objection Letters Received Against Proposed Assessment Rate Increase

Kuala Lumpur City Hall (DBKL) has received a total of 40,000 objection letters concerning the proposed increase in assessment rates. This figure includes 20,000 letters submitted on the day of the report. The total number of objections represents less than 10 per cent of the city's 507,000 property owners.
Objections Submitted to DBKL

DBKL confirmed receiving 20,000 objection letters on a specific day, bringing the cumulative total to 40,000. These letters were submitted by property owners in response to the proposed adjustments in assessment rates.
Proportion of Property Owners

The 40,000 objection letters constitute a minority of the total property ownership within Kuala Lumpur. Out of 507,000 property owners in the city, fewer than 10 per cent have formally objected to the proposed rate increase.
Context of the Proposed Increase

The proposed assessment rate increase is linked to a revision of rental valuations for properties in Kuala Lumpur. The current assessment rates stand at 6 per cent for residential properties and 12 per cent for commercial properties. This revision aims to align valuations with current market rental values, which have significantly increased over the 21 years since the last adjustment.

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How many objection letters were received against the proposed rate increase?

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