Friday, December 13, 2013

DBKL Proposed Hike in Property Assessment

On DBKL proposed hike in property assessment, Tong Kooi Ong, the executive chairman of The Edge Media Group has these to say :

"A rise in property prices should not be the justification for an increase in assessment. Rather, any increase in assessment rates should be tied to an increase in DBKL's operating costs".

"DBKL's development expenditure should be funded by the federal development budget of the country".

"Instead of asking for more money, it should be looking at ways to improve efficiency and reduce costs and wastage".

By comparing DBKL's proposed budget with that of Selangor with respect to population, area and number of household, he illustrates how inefficient DBKL is.

Click 'DBKL and Selangor : A tale of two contrasting budgets' for his full article.


No comments: