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Saturday 5 December 2015

An Essential Guide to Basic Renovation Costs

"How much will it cost to renovate my house?" This is a common question, especially for new homeowners or those undergoing first-time renovations. It definitely makes sense to know how much the various works can cost, so you can plan according to your budget. We speak with Kelvin Toe of Space Sense, and William Chan of Spaced Designs to get a rough estimate of how much you can expect to fork out for basic renovation works in Singapore. Even if you're going to put it up for rental, it makes good investment sense to renovate your apartment for better yields.

1) Hacking Of Walls
This may just be the first thing you consider. It could be to join two bedrooms to create a larger space with an adjoining walk-in wardrobe, or to replace solid walls with lighter, sleeker partitions, or simply creating that open-plan layout. Hacking of a single wall in a HDB flat or apartment costs between $400 and $900, depending on the length, thickness and the area to be removed.


 2) New Flooring
You might not like the floor finishes that come with your place, or they just won’t suit the design of your dream home. There are many new designs for tiles out there, some even replicating the look of wood or stone. New tiles cost between $6,500 to $9,000 depending on the size of the unit (for example, three-room or five-room), including the labor for laying of tiles and the necessary foundation below.


 3) Carpentry / Fitting-out Works
No home is complete without the essentials such as the kitchen carpentry, or even built-in wardrobes and storage. Kitchen carpentry (excluding appliances) can cost above $8,000 for a medium-sized space. That is, if you were to have an unconventional or more personalized design, with the use of more expensive materials for your counter top, such as granite instead of solid surface. Your kitchen layout is also a factor. Wardrobe fitting-out costs from $320 per foot run. This depends on the design and mechanisms – for example sliding or soft-closing tracks – to be used, as well as the internal finishing

 

 






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