City Hall incurs losses of over RM18 mil due to rent arrears

City Hall incurs losses of over RM18 mil due to rent arrears

DBKL urges tenants to settle their debts or risk having their tenancy agreements terminated.

Kuala Lumpur City Hall has urged its tenants to pay up to avoid being evicted. (Bernama pic)
KUALA LUMPUR:
The Kuala Lumpur City Hall (DBKL) has suffered losses of RM18,137,507 due to rent arrears by tenants of its People’s Housing Project (PPR) and Public Housing (PA) units as of Oct 31 this year.

In a statement today, DBKL said the amount involved 26,860 PPR and PA tenants who failed to pay their monthly rent of RM124.

It went on to advised the tenants to settle the arrears immediately to ensure that their tenancy agreements will not be terminated.

If their tenancy agreements are terminated, the tenants would be asked to vacate their units, it said.

Meanwhile, DBKL Licencing and Hawkers Development Department director Anwar Mohd Zain said that beginning Jan 1, 2019, applications for billboard and unipole advertising around the capital, would be implemented via open tender.

As such, he said the applications for new billboards and unipole advertising licenses would be suspended until next year.

Anwar said this was to ensure that DBKL revenue could also be collected through advertising licence fees and rental income.

“We hope with this move, DBKL’s revenue will increase by 15% next year,” he said.

Stay current - Follow FMT on WhatsApp, Google news and Telegram

Subscribe to our newsletter and get news delivered to your mailbox.