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QUIT RENT

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Penang gazettes new quit rent rates effective 2026

The Penang government has officially gazetted revised quit rent tax rates for the entire state, marking the first adjustment in more than three decades. The new rates, published in the Penang Government Gazette No. 37 on September 11, will come into effect on January 1, 2026. Chief Minister Chow Kon ... Read More
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Penang grants full quit rent penalty waiver to encourage early payments

The Penang government is granting a 100 per cent exemption from quit rent and parcel rent penalty arrears to all land and parcel owners in the state who make payments for the two taxes from January 2 to February 28, 2025. The Chief Minister’s Office said in a statement today ... Read More