Kuala Lumpur City Hall (DBKL) must be selective and make a distinction among the different classifications of properties. Perhaps that should be done first before it imposes new rates on new residential, commercial, industrial and mixed development projects.
After all, pricing is reflective of current valuations and there are so many new developments: Stratified, landed, high-rise, commercial, retail, office, malls, SoFo, SoHo, condotels, hotels, serviced apartments, boutique and industrial, to name a few.
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