Selangor will cut the land premium deposit from 150pc to 100pc starting next year
Malaysia – Companies that want to invest in Selangor will have to pay 50 percent less in land premium deposits starting next year, says Mentri Besar Datuk Seri Amirudin Shari. The 150 percent deposit rate that was in place before was seen as a burden on investors. A deposit (land premium) of just 100% is what the state government will …