Unforeseen cost to home renovations


DBKL gets the bulk of its revenue from assessment taxes paid by owners of commercial and residential buildings. — Filepic

Houseowners looking to make significant changes to their property should bear in mind that the renovations can lead to an increase in their assessment rate.

Usually, the assessment bill is revised when the value of a property changes.

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assessment rate , property , DBKL

   

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