Quit rent which is also known as ‘cukai tanah’ is the land tax imposed by the respective state governments on owners of qualifying properties. The state government’s Land Office, or Pejabat Tanah Dan Galian (PTG), would assess and evaluate the property’s land and bill the owners on an annual basis.

Quit Rent is calculated by multiplying the square footage or square metres of an owned property by a set rental rate. For example, if your property is 2,000 square feet and the specified rate is RM0.035 per square foot, your quit rent would be RM70 (RM0.0035 X 2,000).