No decision on electricity rate hike just yet — DPM Fadillah
No decision has been made regarding electricity tariff hikes in Peninsular Malaysia as of now, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
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Electricity tariff adjustment won’t burden majority, says PM
The government will not allow increases in electricity tariffs that would burden the majority of the public, said Prime Minister Datuk Seri Anwar Ibrahim.
TNB announces higher base electricity tariff for 2025-2027, raises capex to ensure reliable supply
Peninsular Malaysia's base electricity tariff has been set at 45.62 sen per kilowatt hour (kWh) in the three-year regulatory period 2025-2027 (RP4), said Tenaga Nasional Bhd (TNB) (KL:TENAGA).
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Transparency needed before assessment tax hikes
Recent news have reported that Kuala Lumpur City Hall (DBKL) is considering an increase in both assessment tax and quit rent rates, following the Selangor state government’s 25% hike from January next year.
Penang grants exemption from land, parcel tax penalty arrears from Jan 2 to Feb 28
The Penang government is granting a 100% exemption from quit rent and parcel rent penalty arrears to all land and parcel owners in the state who make payments for the two taxes from Jan 2 to Feb 28, 2025.
DONE DEAL: Condo unit, Trinity Pentamont, Mont’Kiara, Kuala Lumpur
Noteworthy:
- Freehold
- Built-up size: 4,034 sq ft
- Floor level: low
- 5 bedrooms, 5 bathrooms
- Semi-furnished
- Nearby amenities: Sunway 163 Mall, 1 Mont’Kiara, Plaza Mont’Kiara, Mont’Kiara International School, Garden International School, KLGCC
- Accessibility: SPRINT Kerinchi and Penchala Links, NKVE, DUKE, North-South Expressway, Jalan Duta-Sungai Buloh Highway
April 2024
DONE DEAL: Terrace house, Taman Lestari Putra, Seri Kembangan, Selangor
Noteworthy:
- Leasehold
- Built-up size: 2,200 sq ft
- Land size: 3,260 sq ft
- 5 bedrooms, 3 bathrooms
- Semi-furnished
- Nearby amenities: MRT Taman Equine, Columbia Asia Hospital-Puchong, Universiti Putra Malaysia, IOI Mall Puchong, AEON Mall Taman Equine
- Accessibility: LDP, SKVE, MEX, KESAS, North-South Expressway, Jalan Putra Permai
When: October 2024
Ending flat-rate loan calculations can curb household debt, bankruptcy risks — economists
Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of households, said an economist.
Govt adds rooftop solar quota again; household rebate extended until April
NEM Rakyat will be increased by 150 megawatts (MW) to 600MW, while NEM Nova will be increased by 300MW to 1,700MW.
KLCC Holdings to develop 486 acres of land acquired from Bandar Malaysia
A sale-and-purchase agreement for the land, the site of the former Royal Malaysian Air Force base on Jalan Sungai Besi, Kuala Lumpur, was signed with Bandar Malaysia Sdn Bhd and Bandar Malaysia Land Sdn Bhd on Oct 4.
