Your home may be your biggest investment… So it makes sense to do what you can to make it as comfortable and convenient as possible. But if you haven’t done so already, you need to think about renovating your house.
How Much Does a House Renovation in Singapore?
Home renovations in Singapore cost whatever you are willing to pay for them. There is no specific rule about how much you have to pay for a house renovation packages in Singapore.
How much you spend depends on how complex your renovation project is, how much work you want to put into it and how much you are willing to pay for materials. It’s a difficult question to answer, so give yourself a little leeway and set your sights on a more modest goal like increasing your home’s value by 5% or more.
- Type of home: Is it an HDB flat, condo, or landed house? Does it already come with any existing fittings?
- Its age & condition:
Renovating a brand new apartment building will be very different than renovating an old resale building. The difference between the two types of buildings is called their “Condition”.
- How much work you want done:
Do you want to be happier or more satisfied with the current state of affairs, or do you want to hack everything and build your dream home from a “blank canvas”?
- Type of materials:
This is especially true if you live in an area where there are a lot of homes with atas countertops and parquet flooring. Homeownership is much more expensive where these types of materials are more common.
- The contractor/ID firm you choose:
Different companies charge differently, that’s how it is.
A 4-room HDB flat (approx. 90 sq m) renovation costs anything from $5,000 to over $100,000, depending on many factors. This includes everything from the size of the renovation to the condition of the unit when you start, the complexity of the project, your skills as a handyman, the availability of skilled tradespeople and so on.
Renovating an HDB flat is more extensive (and therefore expensive) than just making repairs. At least it will be if you want to make it livable again and not just another temporary place to stay. You’ll need to do more than just patch things up. The expenses can quickly add up to tens of thousands of dollars and even more if you are ambitious.
11 Practical Ways: How to reduce the cost of house renovation in Singapore?
You should at least interview three or four before making your decision. The cheapest quote does NOT necessarily mean that they are providing the lowest quality of service.
Always insist on a contract that specifies clearly what the developer must do to get your approval. Do not be afraid to get tough if the developer tries to short change you on anything.
Reduce the cost of house renovation in Singapore by following these practical 11 easy steps!
STEP 1: Get an Estimate
Do your homework before you start talking numbers. Find out what it will cost to house renovate your home exactly. Don’t be afraid to ask a few questions. You might be surprised at how much you actually have to spend.
STEP 2: Hire a Contractor
Don’t attempt to do this yourself. This is too complex a job for a novice. Let an expert take care of this for you.
STEP 3: Select the Best Materials
There are hundreds of products you can buy to make your home more livable. But, the key
is… what you put on top of those materials. Here are a few things to think about: Roofing – Your home’s roof is the first line of defense against the elements. Make sure it is in good repair before you put anything else on the house.
STEP 4: Stick to your budget
Try not to overrun your budget
You should always spend what you can afford. But, you need to remember that the true test of whether you have achieved this is when you are finished with the project and can actually enjoy the fruits of your labor. If you don’t set a budget, you may find yourself spending 5 times more than you had anticipated. And that is no fun! Lastly, if you are planning to use the services of an architect, engineer or contractor, make sure you deal only with those who are licensed.
This is especially true for anyone who is working on a large construction project. Any unlicensed person could cost you a lot of money by starting work on your project before he is prepared and knows what he is doing. I hope these tips help you become a more effective copywriter! Paul C. P.S. I’d like to wish all of my readers and subscribers a Merry Christmas and a Happy Holiday Season! May your days be merry and bright, and may all your wishes come true! Peace.
STEP 5: Reduce built-in furniture
Have limited built-in furniture and more loose furniture
In compact homes, built-in furniture is a great boon when it comes to increasing storage space. However, this custom carpentry will cost you around $10,000 on average.
Therefore, try and opt for built-in furniture if you’re in search of furniture that increases storage space. Moreover, if you plan to move out or get your place remodeled often, then built-in furniture is the perfect choice, as you can easily carry it with you. One excellent example of this is the IKEA “Pax” wardrobe. It’s freestanding and it’s designed with great utility in mind.
STEP 6: Always look for discounts on big-ticket items
Big ticket furniture should always be bought during sale
Big ticket items like sofas, dining tables, T.V.s, mattresses, refrigerators and so forth can really put a damper on your wallet, if you aren’t careful. A good way to avoid this is to wait for seasonal sales or clearance sales. This will help you save a lot of money in the process of renovating your home in Singapore.
In addition, look for retailers who offer special deals through group buys or BTO projects. The discounts you get in these sales are huge and you will be surprised at the savings you will make.
As a result of these combined strategies, you should have no problem spending what it takes to bring your home in tip-top shape. As you can see, there are many ways to finance your home improvement project. It all depends on your personal situation and how well you understand the options available to you.
If you want to learn more about any of these options, do not hesitate to contact me or one of the other financial counselors in my office. We’re here to help you and answer any questions you may have. Remember: Your home is your most valuable asset.
STEP 7: What material to substitute with what?
Easy maintenance materials are your best bet
It’s important to note that material choices doesn’t always mean that they are affordable or replaceable. For example, if you pick carpeting for your floors, it is unlikely that you will ever be able to get rid of it even if you decide to change your home decor. Similarly, granite countertops will set you back a bomb if you get them installed by a professional but the same countertops can be had in your home for a fraction of the cost if you do it yourself.
Moreover, if you do it yourself, you can personalize your countertops with unique patterns and designs that can make them truly one-of-a-kind. Now I would like to explain to you how I use this information to create a “dream kitchen cabinet” for my clients. First, I start by asking my clients what their favorite color is. Next, I tell them that we are going to paint the entire kitchen a very pale shade of that favorite color. Then I ask them what else they like. Do they like shiny or matte finishes? Wood or stone countertops? Cabinet colors?
STEP 8: Reuse materials like kitchen cabinetry
Make sure you reuse whatever’s in a good condition
If you want to save some money on your kitchen renovation, one of the best ways is to reuse the existing cabinetry and appliances. However, if you can do it without replacing anything, you’ll still save a lot of money. Try to think outside the box when it comes to the backsplash material; it doesn’t have to be tile. Think creatively about other ways you can economize.
STEP 9: Know where to save and splurge
Do not skimp out of necessities
When it comes to choosing materials for your home, you should approach it like a “save and splurge” choice. You will have to make choices that are based on durability and functionality. Countertops are an example of something you can spend more on to get something with more longevity.
Sinks and faucets are an example of something you can spend less on to get something that meets your functional needs. Thus, assess where to save and where to spend intelligently. This will drastically reduce renovation costs for you in Singapore.
STEP 10: Sell out stuff that you don’t need/declutter smartly
Even Feng Shui recommends decluttering
This is obvious but some of us (we confess, we’re one of them) still hoard. It just doesn’t help when you are trying to give your home a new look. Go minimalist when it comes to home decor. Marie Kondo says, “Discard everything that does not spark joy”.
Her advice is especially important if you are redecorating a home that you have lived in for a long time because it will help you to embrace change and give your home a fresh start.
Additionally, if you have children or even just like to keep things neat and tidy, this book will be an invaluable tool in your home improvement arsenal. “I have used some of Rebecca’s books and have been hugely impressed. If you are looking for inspiration and expert advice on how to make your home more livable and comfortable, her books are the ones to get.” ~Denice Baysinger, New York Times Best-Selling Author of The Opposite Sex Book and Plain Jane “Rebecca is the real thing…
STEP 11: Choose a smart reno partner
Do not select a renovation partner
If you think carrying out all of this by yourself is going to be overwhelming, you needn’t worry. You can always hire a pro to help you carry out all this for you. A good interior designer will guide you through every step, and a good renovation partner will do the same for you.
Use the services of an expert property developer like 9Creation who can give you the best deal possible. A good real estate agent will be able to give you a list of qualified developers in your area.
9Creation as top interior design company can help you with a seamless and smooth interior design experience with our massive expertise and organised sector advantage. If you are still not sure, you can book a free consultation with us today and see if it works out for you!