SHAH ALAM — The Selangor government will provide a 30 per cent rental reduction for hawkers and traders operating at Local Authority (PBT) premises under Phase Two of the Selangor Resilience Strengthening Package.
Menteri Besar Datuk Seri Amirudin Shari said the initiative aims to help entrepreneurs sustain their businesses without passing increased operating costs on to consumers through higher food prices.
The rental reduction will be implemented for six months beginning this July.
“This assistance will benefit 21,234 traders with an allocation of RM4.5 million from the state government.
“The reduction will be granted automatically without requiring any application from traders,” he said when tabling the package at a special sitting of the Selangor Legislative Assembly today.
Amirudin said that under the same package, the state government will also introduce a three-month moratorium for 1,012 tenants of the Selangor Smart Sewa scheme beginning in October.
He said the moratorium will be coordinated by the Selangor Housing and Property Board (LPHS) based on tenant applications to ensure eligible participants continue to enjoy affordable rental rates of between RM450 and RM1,300 per month.