The last thing Penangites need is to be burdened by increased rates

| Penang’s two local councils, the MBPP and MBSP, have increased the assessment rates of a total of 322,549 and 327,401 properties on the island and Seberang Perai respectively. The reasons given for this move is that the local councils had not reviewed the rates for the past 15 years and that they have been experiencing an annual deficit since 2016.

Raising the assessment for all at this juncture is a bad decision considering the economic situation and that half of the country’s working population is earning less than RM2,000. As such we would recommend that the assessment rate of those in the B40 group to remain at the The MBPP must stop wasteful projects. It announced the plan to implement 31 infrastructure projects between 2020 and 2022 costing RM179.03 million.

It would be inaccurate to say that the government had not reviewed assessment rates for the past 15 years because there was an increase in 2015, albeit an increase of between 7.5 and 8.5 percent for apartments and between 8.3 and 9.3 percent for landed properties. During that time, low-medium and low-cost housing had an increase of 0.5 percent which is less than RM10.

For the government to use this steep increase for partial funding of development projects is truly insensitive to the economic reality of the people. Such a drastic increase will impact the poor and the retirees most.

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