“We can afford to guarantee the gross rental rate because we have a contract with the Multimedia University to provide hostel like accommodation for first and final year students,” Tiew points out.

This guarantee may only be possible as & when MMU has the supply & enuff to go ard - 25 yrs sufficiency. As mentioned before, one also has to factor blackout period but who guarantees the rental during such periods -the developer? One then also questions if they'll be ard for 25 yrs. Are they a RM2.00 company? What indeed are the conditions of guarantee & their capacity to guarantee?