Benchmark of Assessment Rates

The assessment rates levied by the Municipal is unreasonable. The Association requires a majority owner support in appealing for the reduction of the rates. So far, the Municipal has not justified as to why the rates are much lower for landed properties whilst higher for individual apartment units which are much smaller and compact in size.

Scenario one, assuming the calculation is based on the three football fields of land that the total building structure occupies (including compound) and is divided by 1068 or more units (including shops) then a further reduction should be considered as the area of assessment. After all the real ownership of each unit owners of multilevel buildings are actually on thin air!

Scenario two, should the evaluation be based on value of rental rate, again landed properties fetch a higher rate.

Also, the apartment is self maintained with maintenance fees imposed, all common areas including disposal of garbage are maintained by the management of the building whereas the public road and drainage is a short unmaintained stretch is supposedly maintained by the Municipal.