5% discount for online payment of quit rent in the Federal Territory

KUALA LUMPUR: The Federal Territories Land and Mines Office will reward landowners who pay their quit rent promptly through online payment, Federal Territories and Urban Wellbeing Minister Datuk Raja Nong Chik Raja Zainal Abidin said.

He said that with the online payment, it would make it easier for landowners to pay their quit rent.

As of Dec 15, 11.5% of the landowners have made payments, involving RM3.2 million, through the online service," he told reporters after launching an incentive for quit rent payers here on Tuesday, Dec 21.

Raja Nong Chik said that the Federal Territories Land and Mines Office had collected RM396 million in quit rent as of last Dec 15, and that it exceeded its target of RM221 million.

He attributed the high collection to the various incentives offered by the Federal Territories Land and Mines Office.

Under the incentive "Pay and be rewarded", landowners who settle their quit rent promptly stand a chance of winning attractive prizes, like motorcycles, laptops and LCD televisions.

He said that the Kuala Lumpur Federal Territory Land Working Committee which held its meeting recently had agreed to give incentives, in the form of premium discount to land owners who made payments within the stipulated period.

"The first discount of 10% if for a lump sum payment within a month after the issuance of the notice, while a discount of 7.5% will be given to those who make full payment within two months.

"A 5% discount will be given to landowners who made the payment within three months after the issuance of the notice," he added. — Bernama