GEORGE TOWN: A report will be prepared on Penang’s land taxation problems and submitted to DAP secretary-general Anthony Loke Siew Fook following a three-party meeting on the issue, says Chief Minister Chow Kon Yeow. The meeting on the state’s land tax matters, which took effect on Jan 1, involved Loke, DAP adviser Lim Guan Eng and Chow. It follows Loke’s denouncement of the public dispute between Chow and Lim, who is also Penang's former chief minister, over the revised quit rent rates. He said while a review of land taxation rates in Penang was needed to ensure the state’s financial sustainability, the approach should be balanced. The revision affects nearly 230,000 first-grade land titles across Penang, granted during the colonial days, and does not specify land use, which affects taxation rates.

Source: The Star March 22, 2026 05:43 UTC