AS PROPERTY prices continue to soar while income remains stagnant, home buyers are increasingly abandoning their dreams to have a home to call their own. Instead, they are opting to rent out, believing that this is the better economic decision.
However, we must never forget that owning a home is a long term investment decision, and its benefits, whether financial or not, will compound over time.
Regardless, here are some huge reasons why buying a home is always the superior choice.
Rents don’t do anything
Every mortgage payment you make increases your ownership of the property, while rent payments do nothing for you in the long term.
Over time, as your home’s value increases and your mortgage balance decreases, you accumulate wealth. This is an investment that renters miss out on, as their monthly rent payments benefit only the landlord.
Besides, landlords can increase the rent at the end of each lease term, which may make budgeting difficult.
In contrast, a fixed-rate mortgage guarantees predictable payments over time. This stability makes it easier to plan your finances and provides more certainty about your living costs in the future.
On the other hand, owning a home offers a sense of permanence that renting cannot. Homeowners do not have to worry about a lease ending or a landlord selling the property.
This sense of stability can be incredibly reassuring, especially if you are looking to settle down for the long term.
Home is YOU
When you own a home, you have the freedom to customise and make improvements to the property. From painting walls to remodeling kitchens, homeowners have full control over how their space looks and functions.
Renters, however, are typically limited by the landlord’s rules and restrictions, making it harder to truly make a space feel like home.
Let’s face it. Everyone wants a home that they can identify with and this is something money cannot buy.
Do we need to repeat this?
Real estate has historically been a strong long-term investment. Over time, home values tend to appreciate, meaning the longer you stay in your home, the more valuable it may become.
Renting, on the other hand, provides no return on your investment. With a mortgage, you are effectively investing in a property that could significantly increase in value, providing you with financial gains if you decide to sell in the future.
However, some property developments appreciate in value much faster due to factors such as being close by to the winning amenities.
Educational institutions, for example, are prime catalysts to not only wake up an area but to increase the demand of the properties nearby.
Award-winning property developer HCK Capital has taken this concept to the next level by crafting impressive developments centred on education.
Among them are:
- edumetro (Subang Jaya) – Anchored by SEGi College, along with a host of other institutions nearby, hence a prime location for student living.
- edusphere (Cyberjaya) – Anchored by University of Cyberjaya and located within Malaysia’s innovation hub.
- edusentral (Setia Alam) – Anchored by Peninsula International School Australia and situated in a thriving township.
But education is but the icing on the cake. There is much more where these winning projects are being considered.
Home buyers and property investors looking for that superlative home can find out more at: https://hckgroup.my/property-v2/—Mar 15, 2025
Main image: Getty
