QUOTE(honesty tan @ Aug 6 2017, 12:33 AM)
Why my cukai taksiran for landed and condo r about the same, but their valuation / market value are far apart. Thanks.
Because DBKL nilai tahunan is rubbish and totally unfair. Landed house typically have lower rent because got no security or facilities compared to condo which are already paying maintenance fee. Therefore rental of a 700k condo is definitely much higher than a 700k landed house. But is the condo owner really getting the full rent? They need to pay a hefty monthly maintenance fee. On top of that DBKL is using survey on ads and tenancy agreement to get their value which is rubbish because majority of condos are partly/ fully furnish to get higher rental. So means DBKL is taxing your furniture, renovation and even your maintenance fee also. A fair nilai tahunan should be based on rental value of only unfurnished units minus the condo maintenance fee and not just the average rental of the particular area.
Dec 25 2019, 12:12 PM

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