Friday, October 10, 2008

80% Discount on Freehold Lands

This marked another milestones for the Pakatan Rakyat government of Perak.
Just after merely 6 months in government, many goodies were given to the people of Perak which the Barisan National government could not, nor the people could dreamed of.
In fulfilling the General Election's promises by the DAP, the state government today announced not only granting the freehold titles to the perakians in the New villages and the Kampung tersusun but also the 80% discount of the premium on the enhanced value of the lands. These will elevate the value of the said lands to RM1.5 billions whereas the state
increased its revenue by RM300millions. With the granting of the freehold titles, the owners will now be able to secure loans from banks and rebuild and refurbishes the houses without having to worry.
The calculations are based on the size, location and the remaining years of the land's lease. The guiding chart is as shown below.













































1 comment:

Jessica Lumut said...

Dear YB Datuk Ngeh,

Greetings to you.
My name is Jessica and if you remember, you have visited our organization once in the month of August 2008. Even prior to that, we have sent in a letter of intend to YBhg. MB Nizar of our expansion plan that will further florish your constituent, Sitiawan. In the letter, we earmarked the area of expansion and from there, we look forward to be contacted by the SEDC for indepth discussion.
In addition to this, SEDC had received us before way back in January 2008. No news to date.

I thank you for taking time to read my email and hope to hear from you.

Best regards,
Jessica