Tuesday, July 29, 2008
Municipal Rate
Anyone who understand Malay, and care to analyse the above Kuantan Municipal Rate bill will find that the rate is (usually) for a super luxurious condominium. The apartment that I have is only about 1,100 sq. feet, 3 medium size rooms, 2 bathrooms, 1 sitting room, a small dining area, a small kitchen, and a drying area. I bought it about 10 years ago at about RM 150,000.00. Its on the first floor, of a 4 storey building. The rate (from the bill) is RM 1134.00 per annum. Which mean that I am paying about RM 1.00 per year per sq. foot. Is that right? Expensive?
In other towns in Malaysia, and even in Kuala Lumpur, I might just be paying about half that amount. What does my Kuantan apartment has that makes it 'so luxurious'? Just a small swimming pool, a small children playground, a small garden, parking spaces and security. And we are paying about RM 150.00 per month for maintenance for all those facilities.
Life is expensive for those living in apartments in Kuantan.
Note: USD 1.00 = RM 3.30 as of present.
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