Selangor water tariffs to rise from Sept 1, no changes for low-use domestic users, new rate introduced for data centres
In a statement tonight, Selangor Menteri Besar Datuk Seri Amirudin Shari said the revision — led by the National Water Services Commission (SPAN) — includes a newly introduced tariff category for data centres, which will now be charged RM5.31 per cubic metre due to their high water usage for cooling systems.
For domestic households, there will be no change in tariffs for those consuming up to 20 cubic metres (m³), with the rate remaining at RM0.65/m³ and a minimum charge of RM6.50. However, rates will increase progressively for higher usage brackets.
Households using between 20m³ and 35m³ will see an increase of RM0.30/m³ to RM1.62/m³, while those exceeding 35m³ will pay RM3.51/m³ — up RM0.88/m³ — for each additional cubic metre.
'For residents of low-cost homes, the increase will be minimal — just RM0.10/m³, bringing the new rate to RM1.18/m³, to minimise the cost of living impact, ' Amirudin said.
Tariffs for condominiums and government quarters will also be revised, with the minimum charge for flats remaining at RM173/month, while estates and government quarters will pay RM20.90/month.
For commercial and non-domestic users, the new rate will match the highest domestic tier at RM3.51/m³, with those consuming above 35m³ facing a further increase to RM3.83/m³. Places of worship and welfare institutions will continue to enjoy the lowest rate, with a marginal increase to RM0.76/m³.
Amirudin also announced that the Selangor government would absorb the annual RM100,000 cost increase for places of worship and welfare institutions and expand its free water scheme to cover more lower-income households.
'More than 1.3 million Selangorians will continue receiving 20m³ of water for free monthly through the Darul Ehsan Water Scheme (SADE). The qualifying monthly household income threshold will be raised from RM5,000 to RM6,000 to reach more people, ' he said.
To apply for the scheme, eligible residents can visit Air Selangor's official site beginning August 8.
The state government will allocate RM52.7 million annually to support this initiative, Amirudin added, saying it reflects Selangor's commitment to balancing affordability with sustainable infrastructure investment.
Among key improvements cited were the replacement of over 730km of old pipes since 2018, a reduction in non-revenue water losses from 27.7 per cent to 27.3 per cent, and a rise in reserve margins to 16.74 per cent as of June 2025.
Selangor also plans to accelerate its pipe replacement rate to 300km per year and build two new water treatment plants — Rasau and Labohan Dagang 2 — at a combined cost of over RM8 billion, which will add 2,730 million litres per day to supply.
'These steps are crucial as the state targets a 20 per cent water reserve margin by 2030, ' said Amirudin.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Malakoff Corporation Berhad's (KLSE:MALAKOF) Intrinsic Value Is Potentially 100% Above Its Share Price
Explore Malakoff Corporation Berhad's Fair Values from the Community and select yours Key Insights Using the 2 Stage Free Cash Flow to Equity, Malakoff Corporation Berhad fair value estimate is RM1.90 Current share price of RM0.95 suggests Malakoff Corporation Berhad is potentially 50% undervalued Our fair value estimate is 93% higher than Malakoff Corporation Berhad's analyst price target of RM0.98 How far off is Malakoff Corporation Berhad (KLSE:MALAKOF) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by taking the forecast future cash flows of the company and discounting them back to today's value. Our analysis will employ the Discounted Cash Flow (DCF) model. Before you think you won't be able to understand it, just read on! It's actually much less complex than you'd imagine. Companies can be valued in a lot of ways, so we would point out that a DCF is not perfect for every situation. If you still have some burning questions about this type of valuation, take a look at the Simply Wall St analysis model. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. What's The Estimated Valuation? We are going to use a two-stage DCF model, which, as the name states, takes into account two stages of growth. The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second 'steady growth' period. In the first stage we need to estimate the cash flows to the business over the next ten years. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value: 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Levered FCF (MYR, Millions) RM1.29b RM1.02b RM993.3m RM988.2m RM995.5m RM1.01b RM1.03b RM1.06b RM1.09b RM1.13b Growth Rate Estimate Source Analyst x1 Analyst x1 Est @ -2.31% Est @ -0.52% Est @ 0.74% Est @ 1.62% Est @ 2.23% Est @ 2.66% Est @ 2.97% Est @ 3.18% Present Value (MYR, Millions) Discounted @ 13% RM1.1k RM793 RM684 RM601 RM535 RM480 RM433 RM393 RM357 RM325 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = RM5.7b The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 3.7%. We discount the terminal cash flows to today's value at a cost of equity of 13%. Terminal Value (TV)= FCF2035 × (1 + g) ÷ (r – g) = RM1.1b× (1 + 3.7%) ÷ (13%– 3.7%) = RM12b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= RM12b÷ ( 1 + 13%)10= RM3.5b The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is RM9.3b. The last step is to then divide the equity value by the number of shares outstanding. Compared to the current share price of RM0.9, the company appears quite undervalued at a 50% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent. The Assumptions We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. Part of investing is coming up with your own evaluation of a company's future performance, so try the calculation yourself and check your own assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Malakoff Corporation Berhad as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 13%, which is based on a levered beta of 1.599. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. See our latest analysis for Malakoff Corporation Berhad SWOT Analysis for Malakoff Corporation Berhad Strength No major strengths identified for MALAKOF. Weakness Interest payments on debt are not well covered. Dividend is low compared to the top 25% of dividend payers in the Renewable Energy market. Opportunity Annual earnings are forecast to grow faster than the Malaysian market. Trading below our estimate of fair value by more than 20%. Threat Debt is not well covered by operating cash flow. Dividends are not covered by earnings. Annual revenue is expected to decline over the next 3 years. Moving On: Although the valuation of a company is important, it shouldn't be the only metric you look at when researching a company. The DCF model is not a perfect stock valuation tool. Instead the best use for a DCF model is to test certain assumptions and theories to see if they would lead to the company being undervalued or overvalued. For example, changes in the company's cost of equity or the risk free rate can significantly impact the valuation. Can we work out why the company is trading at a discount to intrinsic value? For Malakoff Corporation Berhad, there are three further factors you should assess: Risks: Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with Malakoff Corporation Berhad (at least 1 which can't be ignored) , and understanding them should be part of your investment process. Future Earnings: How does MALAKOF's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other Solid Businesses: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered! PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the KLSE every day. If you want to find the calculation for other stocks just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
an hour ago
- Bloomberg
Sime Darby Seeks Loan to Build Malaysian Data Center for Google
Malaysian developer Sime Darby Property is in talks with banks for a loan of as much as 3 billion ringgit ($714 million) to fund the building of a data center that will be leased to Google, according to people familiar with the matter. The proposed loan will have a tenor of five years and carry an extension option of as long as two years, the people said. Discussions are ongoing and details could change, they added.
Wall Street Journal
2 hours ago
- Wall Street Journal
Chinese Imports Fell During Trump's First Term. It's Happening Again.
President Trump recently delayed for 90 days raising tariffs on China to give the two sides more time to negotiate a trade deal. Where the sides ultimately end up is an open question: The president hasn't said how much more he will impose on China beyond the 30% currently in place if a deal isn't reached. But this much is clear: The U.S.'s reliance on Chinese goods has fallen off since Trump first put tariffs on China in 2018.
