How much should you budget for your HDB Renovation Costs in Singapore?
Home Renovation can be one of the most expensive services you pay for, given that kind of investment, homeowners need to know where all their money goes and of course, how they can keep the budget low. Here’s our guide to renovating costs for HDB in Singapore.
For a Build-to-Order HDB flat, it can cost anything from $10k to $100k depending on factors such as materials and what is needed to be done. If you’re a first-time homeowner, you might not be aware of the cost aspects:
-Property Size and Status: Is it a new BTO or is it a resale? Does it come with existing fittings or do you need to install them?
-Work that needs to be done: How much work needs to be done; hacking, masonry, carpentry &, etc.
-Finishes and Materials: Opting for expensive finishes and materials such as marble countertops could mean a much higher cost than ceramic.
-Who you want to hire: Different contractors and interior designers charge different fees and have different quality of work and service.
-Depending on Style: There are many different interior styles that may have various costs, such as Contemporary, Scandinavian, Eclectic, Minimalist, Modern, Transitional, Industrial, and more…
Here’s an estimate of how much it would cost for HDB Renovation in Singapore:
Approx. $25K
For the Essential Clean-cut design: With a Decent looking Living-room flooring and TV console, Kitchen carpentry, Sink Installation, Gas Installation, Lighting at its existing points, and Wall painting.
Approx. $35K
For Into-the-Bedroom Clean-cut design: With a Modern-looking Living-room Flooring and TV console, Kitchen carpentry, Sink Installation, Gas Installation, Lighting at its existing points, 3 Bedroom cabinetry, 1 Dining/Living Feature wall, Wall painting.
Approx. $45K
For In-a-whole Modern design: A Good-looking Living-room Flooring and TV console, Kitchen carpentry, and Sink Installation, Gas Installation, False Ceiling with Lighting, 3 Bedroom cabinetry, 1 Dining/Living Feature wall with Lighting, 2 Bathrooms Shower screen, Wall painting.
Approx. $60K
For All-is-Good Modern design: A Good-looking Living-room Flooring and TV console, Kitchen carpentry, Sink Installation, Gas Installation, False Ceiling with Lighting, 3 Bedroom cabinetry+wardrobe, 1 Study room Desk, 1 Dining/Living Feature wall with Lighting, 2 Bathrooms Shower screen+Toilet Vanity, Wall painting.
Approx. $80K
For All-is-Good Unique design: An Unique-aesthetic Living-room Flooring and TV console, Kitchen carpentry, Sink Installation, Gas Installation, False Ceiling with Lighting, 3 Bedroom cabinetry+wardrobe+platform bed, 1 Study room Desk, 1 Dining/Living Feature wall with Lighting, 2 Bathrooms Shower screen+Toilet Vanity, Wall painting.
Budget Pro Tips: Prioritise your Top Renovation needs, Focus on the area where you will spend most of your time in first before jumping into other areas of the house. This area should serve as the focus and is definitely worth the investment.
Ask yourself a few questions:
-What are you willing to splurge on?
-Are there any must-haves for your home?
-And what are you willing to compromise for your home?
Financing the Renovation: On the other hand, deciding on how you’re going to finance the renovation is important. If you may not have the money on hand, you may need to get external financing help. Many homeowners take out a personal or renovation loan in order to make the Renovation possible.
Create a budget and set aside an extra 10 to 20% for miscellaneous and unforeseen expenses.
Final Thoughts: A Home Renovation can be a great way to add value to your home and make it more enjoyable to stay in. At Rezt+Relax, we help homeowners to fulfill their Dream Home, along with assisting their Budget and a Smooth Renovation Experience. Have a quick chat with our Creative Interior Designer 👉🏻 Let us help you with your Design! WhatsApp @ 6597277404
Since you’re here, why not Read:
> Easy BTO Home Renovation Price Guide – Under 50k Renovation, click here
> Things homeowners wish they knew before Renovation starts – HDB & Condo Edition, click here
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