Saturday, May 15, 2010

New lease premium with effect from June 01, 2010

by Sebanaku Sarawak
(extracted from Analisa Pilihanraya Kecil Parlimen Sibu by Prof. Dr. X)

SIBU: Effective June 1, 2010, the premium will be less expensive - so said (the Chief Minister Pehin Sri) Abdul Taib. Even lower than being charged in the other states in the country.

Perhaps Abdul Taib made the decision after realizing the opposition is capitalising on the issue to get the support from the constituents.

In the residential category, the lease rate for a terraced house is RM1, 000 per unit; a semi-detached house @ RM3, 000 and a detached house @ RM6,000.

For the commercial category, it is RM60,000 per unit in the city; RM20,000 @ secondary town; and RM10, 000 @ town area.

Meanwhile the rate for the agriculture related land in the city is RM5,000 per acre; suburban @ RM2,500 and country land @ RM200.

Land lease period is 60 years.

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