Petaling Jaya: It is better for residents in Petaling Jaya Old Town not to pay the premium to renew their leasehold titles now, as the Selangor government will soon make a policy statement.
Bukit Gasing assemblyman Edward Lee said the state was scheduled to make the statement on land ownership in Petaling Jaya by end of the year, after researching extensively on legal and historical aspects of the matter.
Residents in the oldest part of the city had a rude shock recently after learning that they had to fork out between RM80,000 and RM100,000 to extend their lease which was expiring in three to 15 years, but their neighbours paid only RM40,000 four years ago.
There is also talk that the leasehold titles held by PJ Old Town might be invalid due to an oversight decades ago.
“A special task force on land lease in Selangor was established under the office of the State Secretary to draw and execute the state’s policy to rectify anomalies currently present in land leases.
“It is therefore desirable that residents wait for the decision of the state,” he said.
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