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Buying your own home is one of the most rewarding things adulting can offer. But whether you have a big budget or a smaller one, home renovation costs in Singapore can quickly run out of control. Figuring out the finances for your home renovation is an important yet difficult task. You need to account for unforeseen expenses and keep a buffer for that, too. A perfect way to deal with this is to have a spreadsheet and make entries for whatever you know you are definitely going to be spending on.
But if you want some quick tips on how to save on renovation costs in Singapore, read on.
What Are Some Basic Costs of House Renovation in Singapore?
|Type of Property||Scope of Work||Cost Range for Renovation*|
|HDB BTO||Kitchen, wardrobe, and furniture***||S$10,000 – S$60,000|
|HDB Resale||Full home design** + furniture||S$30,000 – S$100,000|
|New Condo||Furniture only||S$10,000 – S$60,000|
|Resale Condo||Full home design** + furniture||S$30,000 – S$150,000|
**Full home design includes carpentry, masonry, flooring, ceiling, plumbing, electrical work, painting and hacking
***Furniture here refers to in-built furniture
The cost of house renovation in Singapore largely depends on the type of property and size of your home. Unless you own private property, your home will fall in any one of these categories:
- HDB BTO: BTO flats are already finished with basic amenities, which means you don’t technically have to renovate the home. Depending on what you want, you can choose to cut down costs by just working on the necessities like the flooring and walls.
- HDB resale: As the name suggests, resale properties are usually older. This means that you might have to renovate, either to update and modernise the home, or revive it back to working order. These homes usually require an extensive overhaul of their interiors, which might include hacking, plumbing, electrical works, masonry and all other renovation services. Hence, the cost of renovating resale properties tends to be higher than that of BTO flats.
- New condo: Condos in Singapore are already a lot more expensive than an HDB flat. But one of the advantages of these privately owned properties is that new condo designs come equipped with high-end fixtures and fittings. Hence, an end-to-end house renovation in these Singapore homes is rarely, if ever, necessary.
- Resale condo: The cost of renovating a resale condo is usually higher than a new one. Hence, people with a higher budget are the ones who go for these condos.
For more details on renovation costs in Singapore, also read: How Much Does Renovation Cost in Singapore?
How to Save on Renovation Costs in Singapore?
Coming to the main point, how does one really find a budget home renovation in Singapore? Chalking out a reno budget that suits your requirements and lifestyle is easier when you have some tried-and-tested ways on which you can rely. Check out some tips below:
#1: Stick to your budget
First and foremost, let’s get this clear — the term ‘budget’ doesn’t necessarily mean cheap. It just means that you allocate your money in the right way and know what you’re going to be spending it on. Before everything else, decide on a ballpark figure that you will be able to afford for your home renovation in Singapore.
Only after you have this decided can you allocate money to different aspects of the renovation. A spreadsheet is a great way to track expenses so you do not go wrong. Also, when you make a budget home renovation plan, it is best to account for some unexpected expenses. It can be something as simple as 10% of your overall budget going towards miscellaneous expenditure. Once you have all this ready, make sure you try and stick to this as much as possible.
#2: Reduce Built-in Furniture
Yes, we understand that in compact homes, built-in furniture is quite a boon when it comes to increasing storage space. However, this custom carpentry will turn out to be rather more expensive than having loose pieces of furniture. It will set you back by at least S$10,000 on average.
Moreover, if you plan to move out or revamp often, then loose furniture is an ideal choice, since you can easily bring it with you.
Also Read: 7 Things You Must Avoid for a Smoother Home Renovation
#3: Reduce Renovation Costs in Singapore With Discounted Big-Ticket Items
So what are these big-ticket items we’re referring to? Purchases like sofas, dining tables, TVs, mattresses, appliances and so on can overrun your budget by a huge margin. A great way to avoid this is to wait for seasonal or clearance sales. This will help you save renovation costs in Singapore. Also, 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 dollars that you’ll be saving.
#4: What Material to Substitute With What?
Material choice is a big part of your budget and your interior designer will be able to explain this to you better. There are some materials that cost a fortune but can easily be replaced by relatively cheaper options.
For instance, overlaying a floor with vinyl instead of re-tiling it can reduces the cost significantly. Similarly, you can opt for wall paint instead of wallpapers for your rooms. Livspace designers can assist you in making these decisions!
#5: Reuse Materials Like Kitchen Cabinetry
The biggest way to save up on your kitchen renovation cost is by reusing the cabinetry and appliances. On the other hand, if you can do with just giving your old cabinets a lick of fresh paint or new handles and knobs, you’ll still save a lot of money. You can also try out buy/sell/trade websites to get some great deals on these. Get innovative with salvage materials for the backsplash, which is both fun and quirky.
#6: Know Where to Save and Splurge
When it comes to choosing materials for your home, you’ll be tempted to choose either budgeted or extremely expensive alternatives. To save yourself from this vicious cycle, it is best to approach it like as a save-or-splurge choice. Know where you need to save and where you can splurge a little to facilitate functionality.
For example, we suggest you opt for durable fitted furniture so you don’t have to revamp it due to wear and tear. Similarly, in the kitchen, you can get a good quality countertop, whereas you can save on the type of sink and faucets. Therefore, assess where to save and where to spend intelligently. This will drastically reduce your renovation costs in Singapore.
#7: Sell Things You Don’t Need/Declutter Smartly
This is obvious but some of us still hoard. Trust us, it just doesn’t help when you are trying to give your home a new look. Take the minimalist approach to home design and start decluttering. Marie Kondo was right when she said “discard everything that does not spark joy”. Try to remove anything that you haven’t used in the past six months and do away with all the clutter. Even Feng Shui recommends decluttering to make way for a cleaner home.
Also Read: 5 Quick Feng Shui Tips for Good Chi.
#8: Choose a Smart Partner for Budget Home Renovation
Does it all sound too overwhelming to get it done alone? Well, you need not worry. You should work with a professional to help you get through all of this. Livspace interior designers are trained to help you with your dream home design. Hiring a contractor might sound easy, but in the end, you might end up feeling slightly stressed with all the following up.
#9: Design It Yourself (DIY)
A lot of home renovation tasks can be done by yourself for budget renovation in Singapore. Home renovation tasks, such as painting, sketching up the house plan, etc. can be taken up by your own and it can definitely save a lot of bucks for you.
#10: Opt for Vinyl Flooring
When compared to wooden floorboards, vinyl is more affordable, water-resistant, and easy to install. It also has textures that resemble the grains of wood. So, if you are constantly asking yourself how to keep renovation costs down, vinyl flooring is the answer. However, a suitable subfloor is necessary for the installation of vinyl flooring.
#11: Use Paint for Your Feature Wall
Want feature walls for your budget home renovation? Then, painting it is the solution. Instead of using expensive materials and wallpapers, painting your walls is the best solution. Plus, you can decorate it the way you want.
#12: Use Bulky Item Removal Service by HDB
Instead of private packers & movers, you can use the bulky item removal service offered by HDB. This service is offered between 2pm and 5pm, Monday through Friday (except on public holidays). Just make sure to plan in advance and factor in at least two working days’ notice.
3.What Kind of Work Does Renovation Cover?
It refers to the practise of constructing anything by using cement such as overlaying tiles, plastering walls etc.
Anything involving the use of wood, including the construction of cabinets and other furniture.
It refers to demolition tasks including removing built-in furniture and floor tiles.
Installation and maintenance of pipes, tanks and fittings for water system and sanitation.
It refers to adding colours and character to a room by painting walls.
It refers to installation of electrical wiring and fixtures such as switches, distribution boards, sockets, and lighting.
Also Read: 7 Easy Home Renovation Tips From Livspace Experts You Need to Know Today
4. What Are Some Things to Take Note Of Before a Home Renovation in Singapore?
Get Required HDB Permits
You are not allowed to remove load-bearing components from your home like walls and beams. Additionally, it is also prohibited to remove any walls connected to crucial wiring and plumbing. For these you need to get the necessary HDB permissions.
Renovation tasks can be carried out during specific hours only. Specifically, during the weekdays and Saturdays between the hours of 9 AM and 6 PM. On Sundays and public holidays, no renovations are permitted.
Keeping a Renovation Budget in Mind
Predetermining the renovation budget will help you plan your finances. It allows you to be creative and plan your home decor accordingly.
Livspace can help you with a seamless and smooth interior design experience with our vast 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!
We hope you now know how you can save on these home renovation costs in Singapore.
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1. How to Get Home Renovation Services in Singapore?
To get the best home renovation services in Singapore, hire an interior designer or a contractor at least two to three months prior to renovation.
2. How to Choose Home Renovation Contractors in Singapore?
Request free quotes from various contractors to compare their offers and the project’s final cost, and then decide which one fits your budget.
3. How to Budget Your House Renovation in Singapore?
Keep your cash for renovation aside, prioritise your needs, compare the costs and then take the final call.