Kuala Lumpur City Hall (DBKL) today announced a 50% reduction in rental rates for hawker sites and selected premises under its supervision, effective from April 1 until December 31, 2027. Federal Territories Minister Hannah Yeoh said that the initiative is expected to benefit more than 10,000 stalls and small business premises owned by DBKL.
Kuala Lumpur Mayor Datuk Fadlun Mak Ujud outlined the details, saying the 50 per cent discount will apply across all DBKL-owned stalls and certain market premises, with a minimum rent set at RM50 per month. This means that even with a 50 per cent discount, tenants will not pay less than RM50 per month. For premises with rents at RM50 or below, the rate will remain unchanged.
To qualify for the reduction, tenants must settle any existing arrears. The minister added that DBKL is among the first local authorities in Malaysia to implement such a large-scale, comprehensive rent reduction to assist small businesses and urban residents with the cost of daily living.
Yeoh said the reduction in rental costs is also expected to have a positive impact on residents in the capital who purchase food and daily necessities, thereby helping to ease household expenses. She also urged those who have rental arrears to take advantage of this two-year initiative to settle their outstanding payments, as the demand for such sites remains high.