Buying a House – A Need or a Must in Malaysia Today?

For many Malaysians, the dream of owning a home has long been a symbol of stability, success, and financial security. But in today’s rapidly changing economic landscape, is buying a house still just a need, or has it become a must? With rising property prices, evolving lifestyles, and government incentives, let’s explore why homeownership is more than just a personal milestone—it could be a game-changer for your future.

The Need for a Home – A Basic Human Necessity

At its core, a house is more than just four walls and a roof—it is a place of comfort, security, and belonging. In Malaysia, where family ties are strong, having a home provides a sense of permanence and stability. For many, the need for a home arises when:

  • They are starting a family and require a stable environment.
  • They want independence from renting or living with parents.
  • They seek a long-term place to grow and settle.

With the cost of living increasing, renting may seem like the more affordable short-term option. However, in the long run, monthly rental payments do not contribute to asset building, unlike homeownership, where each installment brings you closer to owning an asset.

Why Buying a House is Now a Must in Malaysia

With property prices steadily rising, homeownership is no longer just a need—it has become a must for those planning their financial future. Here’s why:

1) Rising Property Prices – Buy Now or Pay More Later

The Malaysian property market has shown consistent growth over the years. Cities like Kuala Lumpur, Johor Bahru, and Penang have seen significant property appreciation, making it crucial for young buyers to enter the market early before prices become unaffordable.

For instance, in the Klang Valley, the average price of a new home has surged from RM300,000 to over RM500,000 in just a decade. Waiting too long could mean paying much more in the future!

2) Government Incentives – Now is the Best Time to Buy

The Malaysian government has introduced various homeownership schemes to support first-time buyers, making it easier than ever to purchase a home.

🏡 Skim Rumah Pertamaku (SRP) – Allows first-time buyers to secure up to 110% financing with low down payments.
🏡 PR1MA Homes – Affordable housing projects with strategic locations.
🏡 Stamp Duty Exemptions – Discounts and waivers for first-time homeowners.

With these benefits, it makes sense to seize the opportunity now before property prices and financing costs rise further.

3) Long-Term Financial Security – Investing in Your Future

Owning a home is not just about having a place to live—it’s an investment. Unlike renting, where monthly payments do not contribute to ownership, buying a house builds wealth over time.

✔️ Real Estate Appreciation – Property values in Malaysia generally increase, allowing homeowners to build equity.
✔️ Rental Income Potential – Properties can generate passive income if rented out.
✔️ Financial Stability – A home is a long-term asset that offers financial security in later years.

Many Malaysians view homeownership as a crucial step toward financial independence. Wouldn’t it be better to pay for your own home rather than fund someone else’s through rent?

In Malaysia today, buying a house is no longer just an option—it is a strategic financial move. While renting might seem convenient in the short term, the long-term benefits of homeownership far outweigh the costs.

If you are financially ready, now is the best time to invest in a home. With rising property prices, government incentives, and the potential for long-term gains, owning a house is no longer just a need—it’s a must for securing your future.

So, what do you think? Is homeownership your next step? Let’s start building that dream home today!

Majlis Perasmian Surau IPD Cameron Highlands

LBS STRENGTHENS COMMUNITY WELL-BEING WITH THE ESTABLISHMENT OF AL-AMIN SURAU IN BRINCHANG, CAMERON HIGHLANDS

On 13th March 2025, LBS marked a significant milestone with the official launch of Al-Amin Surau in IPD Brinchang, Cameron Highlands. The ceremony was graced by His Royal Highness, Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah ibni Almarhum Sultan Haji Ahmad Shah, the Sultan of Pahang, alongside His Royal Highness, Tengku Hassanal Ibrahim Alam Shah Ibni Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, the Crown Prince of Pahang.

The completion of Al-Amin Surau demonstrates LBS’s steadfast commitment to community enrichment and social responsibility. Strategically located within the Police Headquarters in Cameron Centrum, Cameron Highlands, the surau will serve approximately 97,000 residents and visitors, providing a convenient and well-equipped place of worship.

From its groundbreaking on 4 March 2023, the surau that costs approximately RM5 million was completed within a two-year development timeline, marking another milestone in LBS’s ongoing efforts to cultivate holistic and thriving communities.

LBS Ramadan 2025

LBS HOSTED RAIKAN RAMADAN BERSAMA LBS TO CELEBRATE AND THANK ITS VALUED PARTNERS, INCLUDING MEDIA, STAKEHOLDERS, BANKERS, AND LEGAL ADVISORS.

Held at Le Meridien, Petaling Jaya, the event gathered 350 guests, including LBS directors, as a token of appreciation for their continued support and collaboration.

Tan Sri Dato’ Sri Ir. (Dr.) Lim Hock San expressed gratitude to all partners who contributed to LBS’s success. He highlighted the Group’s recognition as one of Malaysia’s Best Managed Companies by Deloitte for three consecutive years – 2022, 2023, and 2024. LBS remains committed to building meaningful spaces for the community, including the Dewan at IPD Petaling Jaya and Surau Al-Amin at IPD Cameron Highlands.

March 2025 Interviews

Date: 17.03.2025

Media: Harian Metro

An interview with Roslina Ismail, a first-time homebuyer with LBS, where she shares her insights and considerations before purchasing her first home.

Raikan Ramadan Bersama LBS

LBS was honored to host the Iftar gathering with our strategic partners, media representatives, stakeholders, banking institutions, and legal advisors at Le Meridien, Petaling Jaya, on March 20, 2025.

The event, attended by over 350 guests, served as a token of appreciation from LBS for the unwavering support and collaboration from all parties. The highlight of the evening was a special performance by LBS employees, themed “Believe, Become, Behold”, reflecting the company’s core values while showcasing the creativity and strong team spirit within LBS.

Take Your Business To New Heights (APCH)

Strategically located in Bandar Puncak Alam, Alam Perdana Central Hub covers approximately 95 acres and features 2-storey terrace, 3-storey semi-detached, detached and low-cost factory units. With plot sizes ranging from 0.6 acres to 2.4 acres, it’s the ideal spot to expand and grow your business, offering modern facilities and an experienced industrial community.

Serious Arr Episode 2 : LBS Frontliners (Part 1)

In this insightful episode of Serious Arr, we dive into the vital roles of the Property Management and Customer Relations departments. Learn how these teams work tirelessly behind the scenes to ensure smooth operations, maintain strong tenant relationships, and uphold company values. 📺 Watch now and discover the passion and dedication driving property management and customer relations!

Don’t forget to like, subscribe, and share.

Welcoming 2025: A Bright New Chapter with LBS

Hello, 2025! 

As we step into a fresh new year, we at LBS Bina Group can’t help but reflect on how incredible 2024 was. Winning the title of Malaysia’s Best Managed Companies for the third consecutive year was a proud moment, and it inspires us to aim even higher.

Among our greatest achievements, we are especially honored to share that our Executive Chairman was awarded the World Sustainable Property Icon Leadership Lifetime Achievement Award. This prestigious recognition highlights our commitment to sustainable development and leadership in the property industry.

This year, we’re turning up the excitement with a lineup of exciting projects and launches! From beautifully designed townships to vibrant residential developments, we’re committed to creating homes that don’t just house people but empower lives and build stronger communities.

But that’s not all; sustainability takes center stage in 2025. We’re going full speed ahead with eco-friendly practices, innovative green initiatives, and exciting ventures into the renewable energy sector. These efforts are about more than building homes; they’re about paving the way for a greener, brighter future.

We’re also dedicated to bringing communities closer together with programs and activities that inspire sustainable living and lasting connections.

2025 is shaping up to be a game-changer, and we can’t wait to lead the way. Together, let’s make this year one for the books—filled with progress, innovation, and opportunities that leave a lasting impact!