Many people in Malaysia are experiencing the same thoughts that you are right now. Should they continue renting the home that they live in or should they try to put things in place so that they can purchase their first home. There is a certain amount of flexibility that comes with renting and if a bad neighbour moves in next door then you can just gather your things and move to another location. You can’t keep running away from your problems and at some point you need to set down your roots.
It’s time to start thinking about buying your first property and you can’t really go wrong by investing in the incredibly popular Aspire Residence Cyberjaya. This is the perfect location if you are a single person or in a relationship and owning your own property helps to secure not only your future but the future of your family members. If you are still a little bit reluctant to stop renting and to buy then the following are some of the reasons why you really should.
It is something tangible
If you continue to pay rent to your landlord over the coming years then you will have nothing to show at the end of it all, except an empty bank account. When you buy your first property, you can be pretty sure that the value will appreciate over the coming years because that is what has been happening over the past number of decades and there are no signs that it’s going to change. Real estate values in Malaysia continue to rise all the time.
You have a sense of stability
Anyone who has bought their first property will always tell you that they feel different after they sign on the dotted line for their first mortgage. They get a sense of security and stability that they never felt while renting and now they don’t have to worry about the landlord putting up the rent without notice or asking them to move out of the property altogether. Owning your property gives you a sense of pride in this life.
You can change what you like
When you rent a property, you are forbidden to make any major structural changes and even if you want to give your home a lick of paint, you still have to ask the landlord. When you own your own property, you have the freedom to make any changes that you want and if you want to pull out that old kitchen and replace it with a new one then this is what you do.
You need to start planning for your financial future today and owning a property will guarantee you future financial success. When you hit retirement age, you can decide to sell the property and live off the significant profits that you will make. It makes sense to get yourself on the property ladder.