Prime Minister Datuk Seri Anwar Ibrahim in a statement today said that all residences priced below RM300,000 will be given a 30 percent deduction from the total assessed tax.
“This reduction is in line with the Unity Government’s desire to reduce the burden on the people, especially those involving the M40 and 840 groups who own affordable homes in Putrajaya,” he said.
“This 30 percent deduction is given to residential premises that have been completed in 2017 to date, involving nearly 8,500 residential units.
“The assessment tax reduction will come into effect from 1 January 2023 until a reassessment is carried out by the Putrajaya Corporation,” he added.