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Financial Cukai Pintu Explained, Cukai Pintu/Assessment Rate issue in KL

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enkil
post Jan 6 2014, 05:13 PM

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QUOTE(MyKLTalks @ Jan 6 2014, 04:46 PM)
Thanks for asking!

Before I answer these questions, let's get a few things straight so we are all on the same page.

To say the Cukai Pintu is increased is not entirely true. The Annual Value is increased and the Assessment Rate Percentage is decreased.

The formula for amount of Cukai Pintu or Assessment Rate paid is this: Cukai Pintu or Assesment Rate  = Annual Value or Nilai Tahunan X Assessment Rate Percentage.

One factor goes up and another one goes down. Some owners will pay less and some will pay more, depending on how much the increase of their Annual Value as compared to the decrease in Assessment Rate Percentage.

Now, on to your questions:



2. More people staying in KL whether in high-rise property or landed ones means more strain on the upkeep and maintenance of facilities and amenities. For example, roads - City Hall spent a lot just to maintain roads. If more people use them, then the maintenance cost would also soar.

shakehead.gif

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Still the amount charged for condo unit are way too expensive just for road maintenance. Most of the maintenance is covered by the management of the condo thru the maintenance fee.
enkil
post Jun 11 2014, 07:21 AM

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I'm surprised nobody brought this issue up with the municipal.. flex.gif

QUOTE(qq.pippi @ Jun 10 2014, 08:21 PM)
Totally agree! condo is unlike terrace house, it doesn't has too many road around.
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enkil
post Sep 9 2018, 08:21 PM

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QUOTE(silverwave @ Jul 25 2018, 09:43 PM)
Hi, i just got my first tax assessment bill today after 4 years since i bought my condo and there is a part called "tunggakan FI notice". Is this some kind of fine?
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Yup, i believe its rm20.

 

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