Why Living in Hotels Might Be Better Than Buying a House in Johor Bahru?

With all the talk about the Johor-Singapore Special Economic Zone (JSEZ), the Rapid Transit System (RTS) link, and everything else, it feels like everyone wants to move here. Prices are going up, that's for sure. So, you're probably wondering, like many of us: where do we even live? Do we jump in and buy a house? Rent an apartment? Or... hear me out... live in a hotel?

Yup, you've heard it right: A hotel.

Seriously, with JB changing so fast, especially with the news about more jobs and better connections to Singapore, things are a bit crazy. Plus, if you've been looking at property prices lately, you'll know it's not exactly cheap. And with the news of developments like the JSEZ bringing in more people, finding a place to rent is also becoming quite competitive.

Now, before you think I've lost my mind, let's think about this, eh? What if living in a hotel in JB could actually make more sense than buying a house right now? Let's explore this together, shall we? ;)

Flexibiliy and Freedom
One of the biggest advantages of living in hotels is the flexibility it provides:

1. No Long-Term Commitment: Unlike buying or renting a house, living in hotels allows you to move freely. You can switch locations monthly or even weekly, experiencing different neighborhoods and environments.
2. Travel-Friendly Lifestyle: For professionals who frequently travel, especially those commuting between Johor Bahru and Singapore, hotels offer convenience without the hassle of maintaining a permanent residence.

Cost Efficiency
While buying property involves hefty upfront costs like down payments and legal fees (maintenance fee, Cukai Tanah, Cukai Pintu etc.), living in hotels can be surprisingly cost-effective:

1. Avoid Maintenance Costs: Homeownership comes with additional expenses like repairs, property taxes, and utility bills. Hotels cover these costs as part of your stay.
2. Affordable Rates: Many hotels offer discounted weekly or monthly rates. For example, a suite costing RM92 (or cheaper) per night can amount to RM2,760 per month; cheaper than renting luxury apartments in some areas.

Convenience and Services
Hotels provide amenities that simplify daily life:

1. Housekeeping: Daily cleaning services save time and effort.
2. Utilities Included: Electricity, water, and Wi-Fi are part of the package.
3. Extras: Free breakfast, gym access, pools, and room service add value to your stay.

Financial Flexibility
Rather than locking your money into property loans for decades:

1. Invest Elsewhere: The funds saved from not purchasing property can be invested in stocks or businesses for potentially higher returns.
2. No Debt Stress: Avoid the burden of long-term loans and fluctuating interest rates.

Challenges of Property Ownership
While owning a house has its perks, it also comes with challenges:

1. Market Uncertainty: Property values can fluctuate based on economic conditions.
2. Maintenance Hassles: Repairs and upkeep require time and money.
3. Limited Mobility: Owning a home ties you down to one location.

Who Should Consider Living in Hotels?
Living in hotels might be ideal for:

1. Young Professionals: Those who value mobility and convenience over permanence.
2. Frequent Travelers: Workers commuting to Singapore or other cities regularly.
3. Minimalists: Individuals who prefer simplicity without the burden of homeownership.

While buying property in Johor Bahru offers stability and potential financial growth, living in hotels provides unparalleled flexibility, convenience, and freedom. It’s not just about where you live; it’s about how you want to live. For working adults seeking a modern lifestyle with fewer commitments, hotel living might just be the perfect fit.

So, what’s your choice? A house to call your own or an ever-changing environment with hotel perks?