So do you represent DBKL or a consultancy company representing DBKL or are you independent party with no relation to DBKL. We need to ascertain your credibility. TQVM

I would appreciate if this topic can be productive in response to the recent hike in assessment fee. Therefore we should try and avoid venting too much frustration on the displease about the ruling government or political parties.

Pls be factual in presenting points, queries or clarifications. the moderating team will be removing posts that are deemed non constructive.

Thanks.

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p/s: Topic pinned.

Btw, they are an agency representing DBKL and not from DBKL themselves.

This post has been edited by b00n: Jan 6 2014, 07:57 PM

Again, let me remind all to focus on the assessment hike issue!
This is the last warning!

MyKLTalks
Surveying is done by JPPH? i.e. Jabatan Penilaian Dan Perkhidmatan Harta? Or DBKL own survey department?

If by DBKL own survey department, how do we validate versus official JPPH survey or any other certified property valuation company?

Also, would DBKL advise on the actual valued value of one's said property?

Why such question is because your laid down the formula to be: Annual Value or Nilai Tahunan X Assessment Rate Percentage.
So without knowing the "Annual Value" how does us general consumer know whether the it is a fair value?!

This post has been edited by b00n: Jan 6 2014, 10:38 PM

I believe this factually not correct because in your website which you suggested me to click, it stated:
"A group of valuation officers from DBKL’s Property Management and Valuation Department have come up with a new Annual Value for each property"

i.e. these are local council's valuation department. Unless you are telling me they report back to JPPH for total country aggregation? Can you pls confirm again?

btw, my property is in Selangor hence not affected. So am just throwing out possible queries which may be useful to all.

Don't think they have access. They are just a social media agency or probably consultancy company engaged by DBKL to do an online campaign to address and inform on how Assessment Fee works.

So you are asking for the moon nor did you read my earlier post.

So now, the issued would be again back to my initial question. How do we ascertained DBKL's valuation matches MOF's valuation?

So based on the Annual Valuation notice given by DBKL, should one go and purchase Annual Property Market Report from MOF's JPPH (which contains detailed scheme valuation report) to assess whether the value are comparable?!

My personal belief is not enough transparency because how many guys out there know of such reports or have access to such information to dispute what might or might not be questionable?! That is why everyone is irked when the mayor says out of xxxx populations, only yyyy objected. Because the other zzzz might not understand all this thing. Even more so for those without access to the internet.

My personal opinion is City Hall should be transparent enough to quote sources in their notices so everyone is well informed.

This post has been edited by b00n: Jan 6 2014, 11:07 PM

I believe us with the likes of Sikit2JadiBukit is not interested in "general" numbers. Eg. Operating expenses as stated, what does it includes? Development Expenditure - what does it includes? See.. for Other income sources*, they did put down details albeit vague: "Other income sources include selling DBKL’s own assets, collecting development fees from development projects within KL, tapping into DBKL’s own cash reserves as well as Government grants.".

But again, I doubted you would have the liberty of disclosing the nitty gritty to us, the general public.

Dear all, pls be reminded to be "civil".
Hopefully we get more insights into this matter.

Am off to bed.

Thank you. Probably it will be wise to have a source link so ppl like me would not be asking similar question i.e. pointed to one link then need to clarify before getting another link.

Just an input.

Okai... paiseh paiseh...

Slight correction. Many banks leave the valuation job and methodology to certified professional valuation company which is governed by the board of valuers. So whatever valuation methodology used by those valuers might not be known to the bank. However I think a lot follows the same methodology used by UK surveyors since we were once colonized by them, eg our common law also links back to UK common law.

MyKLTalks
Let me put this bluntly since we are of LYN moderating team.

LYN is an open forum for all walks of life to register an account to post, including you. So I would just like to say our forum should not be held liable in case someone intends to pursue defamation suit.

You should very well know what I meant


To the rest, probably pls be mindful and responsible on your posts

This post has been edited by b00n: Jan 7 2014, 12:06 AM