Penang offers 50pc rebate on new quit rent rates

Penang offers 50pc rebate on new quit rent rates

Malay Mail - Malaysia·2025-12-23 16:02

GEORGE TOWN, Dec 23 — The Penang state government has agreed to offer a 50 per cent rebate on quit rate rates for 2026.

Penang chief minister Chow Kon Yeow said the state exco had agreed on December 10 to increase the rebate rate for 2026 from 32.5 per cent to 50 per cent.

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