The government would consider “topping-up” any shortfall in targeted rent collection by private developers involved in building rental homes for youth with fixed jobs, said Urban Wellbeing, Housing and Local Government Minister Noh Omar.

This is part of the government’s efforts to encourage private developers' participation in the project announced under Budget 2017 tabled last Friday, Noh told a press conference after launching the Ceylonz Suites sales units in Kuala Lumpur today.

“Let's say if the return should be RM3 million a year, and they (private developers) only get RM2.5 million, the shortfall maybe the government will top up,” said Noh