LMCE2092 PROFFESSIONAL COMMUNICATION
SET 6
NUR MESHAYU SHARRENA BINTI SAIFULLAH
A149014
PERSUASIVE SPEECH OUTLINE
TOPIC : Renting a house is smarter than buying
GENERAL PURPOSE : To persuade
SPECIFIC PURPOSE : To persuade my audience to rent a house rather than buying.
ORGANIZATIONAL PATTERN : Logical reasoning
THESIS STATEMENT : Renting a house is beneficial because it gives financial advantages,
flexibility and free responsibilities.
INTRODUCTION
I. Attention Getter :
Imagine being the family's oldest child and having to support your younger siblings
financially while they are still in school. was young enough to own a terraced home, had
a career, and As the world is shaken by a pandemic, your income becomes unstable. One
day, you receive a call from the bank informing you that your home will be sold at
auction since your monthly payments are past due. You must leave the property
immediately if you are unable to make payments or you run the risk of being declared
bankrupt. Your job has been eliminated. How would you feel and react if this happened?
II. Reveal of Topic :
People might ask themselves one question at some point of their life. Is it better to buy or
rent a house? Whether you buy or rent a house, it has a significant impact on your life.
III. Establish Credibility
Renting, sometimes known as hiring, is a contract in which one party pays for the
temporary use of another’s goods. The rumor about renting is that you’re wasting cash is
not accurate. With all things considered, you still want a spot to live and that would cost
cash somehow. As a renter for more than 10 years, I have witnessed that renting gives us
more convenience than owning a home. Throughout my experience and observation.
III. Preview / Thematic Statement
Today, I’m on a mission to prove that renting a house gives you financial advantages,
flexibility and fewer responsibilities.
BODY
I. Renting a house gives you financial advantages
A. The reason why I said so is because you can just focus on one monthly rent
payment that cover all the payment such as mortgage payment, utility bills and
maintenance.
B. Even though you need maintenance and repairs in your homes, you usually don’t
have to worry about taking care of it. It is the responsibility of the owner. If
something goes wrong with your rental unit, you can just simply contact your
landlord or property manager and they will come to fix it for free of charge. If you
decide to own a house, this maintenance or repairing cost is something that you
must take care of and pay by yourself.
C. As you know, some properties like apartment or condominium offer you a lot of
amenities such as fitness center, swimming pool and on-site parking for you to
utilize. The best thing about renting is usually the monthly rent payment is
included for amenities. Of course, owners can discover those too however they
commonly include an additional price.
D. As I said earlier when you rent, you only need to worry about one monthly rent
payment, which means you will have the opportunity to start saving up your
money. Housing is always expensive. If you are owning a house, you will have to
pay for property taxes which is the major expense of ownership.
I. According to Ryan Pasupathy (March, 2018) in his blog said that there are 5 different property
taxes in Malaysia which is including Property Stamp Duty (memorandum of transfer). He said
that this tax will cost you a significant amount of additional cash to pay.
II. Although they are a little bit difficult to calculate, basically they are based on which can
flactuate depending on market changes. This is not a concern for a renter. While monthly
mortgage payments do contribute to equality, they do not cover all the costs of homeownership.
As a renter, you expected expenses are significantly lower, you unexpected expenses are almost
non-existent. This provides you with idea oppurtunity to invest the extra money you save at the
end of the month because you rent rather than own.
Transition : Moving on to my next point,
II. When you are renting a house, its gives you flexibility to move in or out from a place.
A. Tenants can reside for all
1A. Tenants can reside for all intents and purposes everywhere, while the landlord are
limited to regions where they can bear to purchase. Residing in a costly city, for example
Kuala Lumpur might be far off for most home purchasers. However, it is nottoo difficult
to imagine for leaseholders. Despite the fact that rent can be high especially in developed
area where home values are also high, tenants have more option to find reasonable month
payment than property owner. i. You as a renter does not responsible to find another
person to purchase the property of the house. This may be useful for individuals who
might need to change work areas or do not plan to stay at one location for a period of
time. ii. According to a survey by the Real Estate and Housing Developers Associations
(REHDA)(2022) , construction costs are expected to increase by19% in 2022 due to
rising prices of construction raw materials, wages and financing cost. This will result an
increasing price of owning a house in Malaysia. PropertyGuru and iProperty Malaysia
country manager Shylendra Nathan said the Rental Demand Index, which represents the
proportion of interested property renters based on inquiries for rental units listed on the
Property- Guru website, is expected to grow further in the current quarter as consumers
shift their focus from buying to renting.
Tenants can reside for all intents and purposes everywhere, while the landlord are limited
to regions where they can bear to purchase. Residing in a costly city, for example Kuala Lumpur
might be far off for most home purchasers. However, it is not too difficult to imagine for
leaseholders. Despite the fact that rent can be high especially in developed area where home
values are also high, tenants have more option to find reasonable month payment than property
owner. i. You as a renter does not responsible to find another person to purchase the property of
the house. This may be useful for individuals who might need to change work areas or do not
plan to stay at one location for a period of time. ii. According to a survey by the Real Estate and
Housing Developers Associations (REHDA)(2022) , construction costs are expected to increase
by19% in 2022 due to rising prices of construction raw materials, wages and financing cost. This
will result an increasing price of owning a house in Malaysia. PropertyGuru and iProperty
Malaysia country manager Shylendra Nathan said the Rental Demand Index, which represents
the proportion of interested property renters based on inquiries for rental units listed on the
Property- Guru website, is expected to grow further in the current quarter as consumers shift
their focus from buying to renting. B. Tenants have the option of downsizing for a more
affordable living space at the end on the month or contract. This kind of flexibility is especially
important for retirees who want a cheaper, smaller alternative that matches their spending plan.
Terminatingor even breaking a lease is much easier than selling a home and buying a new one.
Transition: Now that you have seen that renting give us more flexibility, next I will explain to
you how renting can fewer your responsibilities. III. Fewer responsibilitiesA. You as a renter
does not responsible to find another person to purchase the property ofthe house. This may be
useful for individuals who might need to change work areas or do not plan to stay at one location
for a period of time. B. Renters don’t have to pay for property taxes. Property taxes can be a
burden for homeowners and vary by country. In some areas, property tax-related costs can reach
until thousand ringgit each year. C. By renting, someone can avoid themselves by making a long
commitment to pay for housing loan for many years. i. Bank Negara Malaysia said on the New
Straits Times, (September, 2021) At the end of June 2021, 12.8% of household loan accounts, or
16% of household outstanding loans, were in the repayment assistance scheme, with borrowers
earning less than RM5,000 per month accounting for 2/3 of these loan accounts. This is higher
than 8.9% of household accounts, or 11.1% of household balances, in December 2020, Bank
Negara Malaysia said.ii. Generation Y nowadays not think about how much their income can
afford their expenses. What matters is the luxury they bring to the public. As a result, after
paying off all debts, their monthly income runs out without having time to make savings. Little
did they know that savings are the most important things that they need to think of. Your savings
can be useful during.
CONCLUSION.
Summary statement
I have given three solid reasons why you should rent rather than buying. Let me recall them
back: renting gives financial advantages, flexibility and fewer responsibilities.
II. Concluding remarks. As you can see, owning a rental property can be financially and
personally beneficial. Of Course, any real estate investment comes with risks. And
rental real estate is no exception. However, there are ways to mitigate these risks. By
renting a home, you can get rid of your worries and lessen your burden.
III. Call for Action
The world economy is now increasingly alarming. Here and there we can see rising prices of
goods and rising inflation. So, we as citizens must be wise in managing our finances so that
we do not experience financial problems later. Buying a home is a huge investment to bear.
So, instead of buying it, just rent it. Because renting will bring many benefits in today's life that
is full of challenges.
1. Renting vs buying a home: Which is better? - free Malaysia Today. (n.d.). Retrieved June 21,
2022, from
https://www.freemalaysiatoday.com/category/leisure/property/2022/03/05/renting-vs-buying-a-h
ome-which-is-better/
2. More people renting properties rather than buying. (2019, December 4). The Edge Markets.
https://www.theedgemarkets.com/article/more-people-renting-properties-rather-buying
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Sinarharian.
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ah-dedah-Bank-Negara
4. February 25, C. Y. Y. / T. E. M., & Pm +08, 2022 16:00. (2022, February 25). Residential
property market recorded substantial price increases over 20 years to1Q2021. The Edge Markets.
https://www.theedgemarkets.com/article/residential-property-market-recorded-substantial-price-i
ncreases-over-20-years-1q2021
5. Renting by Choice: Why People are Choosing a Flexible Lifestyle Over Ownership. (n.d.).
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https://www.linkedin.com/pulse/renting-choice-why-people-choosing-flexible-lifestyle-over-own
ership-?trk=organization-update-content_share-article
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from Rent & Returns website:
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