Which Putrajaya homes qualify for the 30% assessment discount?

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Putrajaya Homes Eligible for 30% Assessment Discount Identified

Residential properties in Putrajaya with a value below RM300,000 and constructed between 2017 and the present qualify for a 30% discount on their assessment charges. This reduction in property tax aims to alleviate financial pressure on homeowners, particularly those in the M40 and B40 income brackets residing in affordable housing within the federal administrative capital. The measure is set to be implemented from January 1, 2023, until a new assessment is conducted by the Putrajaya Corporation.
Discount Criteria for Putrajaya Residences

The eligibility for the 30% assessment discount is specifically tied to the property's value and its construction period. Only houses priced under RM300,000 are considered for this reduction. Furthermore, the properties must have been built between 2017 and the current period, as stated by Prime Minister Datuk Seri Anwar Ibrahim.
Scope of the Assessment Discount

This initiative is projected to benefit a significant number of homeowners, with an estimated 8,500 residential units expected to receive the discount. The reduction applies to the assessment charges levied by the Putrajaya Corporation, aiming to make property ownership more manageable for a substantial portion of the local populace.
Rationale Behind the Tax Reduction

The decision to implement this discount stems from feedback received from Putrajaya residents. Many homeowners had voiced concerns that their assessment charges were higher when compared to similar properties in surrounding areas. This measure is intended to address these disparities and provide financial relief.
Alignment with Government Affordability Goals

The 30% assessment discount is also in accordance with the unity government's broader objective of easing the financial burden on its citizens. The focus is particularly on assisting M40 (middle-income) and B40 (low-income) groups who own affordable homes in Putrajaya, thereby supporting the accessibility and sustainability of homeownership in the capital.

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Which Putrajaya homes qualify for the 30% assessment discount?

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