KUALA LUMPUR, June 24 — The government’s move to reduce the assessment rate by 25 per cent for owners of affordable homes in the capital shows that the government is listening to the grouses of city dwellers who are increasingly affected by the cost of living issue.
“The money that can be saved in the assessment rate can be used for other purposes such as helping residents to pay the monthly maintenance costs that need to be paid to the housing management or fire insurance,” she said. The categories of homeowners eligible for the initiative are the Federal Territories Affordable Housing Programme , 1Malaysia Housing Programme , and PPAM and Residensi Wilayah in Kuala Lumpur.
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