MAPEM Urges PKNS To Reconsider Move To Raise Rental Rates In PKNS Komplek
SHAH ALAM, Sept 24 – The Malay Economic Consultative Council (MAPEM) is urging the Selangor State Development Corporation (PKNS) to reconsider its move to raise rental rates for shoplots at the Komplex PKNS here.
Making this call, its President, Tan Sri Rozali Ismail said studies would also have to be carried out on whether these small and medium sized traders could afford to pay the rent. If the rentals are raised too high, they may not be able to continue with their businesses, he said.
He said this when asked to comment on PKNS’ move to raise rental rates at Kompleks PKNS Shah Alam effective Jan 1, 2012, during a press conference at a Hari Raya event organised by the Selangor Malay Chamber of Commerce Malaysia and MAPEM here, today.
It would not be easy to raise another set of Bumiputera traders especially with these traders already established here, Rozali said.
“If the economy is good, we could revise (the rental rates) but the present situation needs to be considered…as the move would amount to a betrayal of the current traders here,” he said.
According to a PKNS circular dated September 12, the move to raise the rates was made after taking into account the rental rates in buildings around Kompleks PKNS and the fact that rentals had remained the same as they were six years ago.
Currently, the rental rate at the ground floor of Kompleks PKNS is between RM2.50 and RM3.50 per sq foot. The new rates will be from RM4.00 to RM5.20 per sq ft.