Quit rent in malay - Parcel Rent (Cukai Petak) replacing Quit Rent (Cukai Tanah) in Kuala Lumpur from Jan 1, 2020

Now, the above explanation works well for landed properties but what about stratified properties such as condominiums, apartments and townhouses, etc? Funded by: Darwin Initiative UK.

For example, if an apartment block consists of 20 parcel units and is situated on top of a 4,000 sq ft plot of land, the quit rent of RM200 at the rate of RM0.

What are the strata properties? Most of these portals will require specific information to check your quit rent, usually your account number or title number.

Description: To put it simply, parcel rent is actually a type of quit rent that is specifically meant for strata properties which are governed by the Strata Management Act SMA 2013 and the Strata Titles Act STA 1985.

Views: 6792 Date: 01.03.2022 Favorited: 93 favorites
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Following this, Penang has also implemented the parcel rent system in 2019 and Kuala Lumpur followed suit in January 2020.
Where the sanctions for non-compliance are limited in this way, a quit rent is a rent in form and name, and not a tax; where they are not so limited, a quit rent is a rent only in form and name, being rather a tax.

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