How To Plan Your Budget For An HDB Renovation?

How To Plan Your Budget For An HDB Renovation?
5 min read

As a result of wear and tear, home modifications are eventually necessary. A modification is frequently necessary to make the house more livable, pleasant, and contemporary for the family.

While redecorating your home with the best condo renovation in Singapore to reflect your artistic preferences may be a rewarding experience, it is also time-consuming and expensive.

Here are some home improvement suggestions to assist you to lower your costs:

Budget in Realistic Amounts

Setting a budget in advance will enable you to make the best decisions without sacrificing quality. Before beginning a refurbishment, it is wise to receive many bids from several contractors after inspecting their work and carrying out some preliminary work. It is important to obtain a home improvement loan so that no work is halted due to a lack of funds.

Minimalism & Simple Upkeep

It's better to keep HDB renovation Singapore basic. Do not overdo the makeover by prioritizing aesthetics above the practicality of the area. Less is more is the key concept in modern design. Choose furniture that is simple to keep and clean. For instance, select laminate or glass-top tables that won't be harmed if a hot cup is placed on them. Particularly since spills can be cleaned up with a damp cloth and stains are less prone to harm the furniture, leatherette upholstery is preferable over the fabric.

Use local markets as a source of the materials

You may feel the materials' quality firsthand by doing your shopping at local markets and companies, which also saves you money on unnecessary transportation expenditures.

Additionally, locally obtained materials are frequently fairly priced, and buying in bulk always provides you the opportunity to negotiate favorable terms and discounts with the vendor.

Ideas for Decoration

Along with new paint, furniture, and decor this year, give your rooms a refined touch with some stylish lighting. You may think about using wallpaper on the walls and having it altered as needed. Consider ergonomic work-from-home furniture that will greatly increase your productivity in light of the epidemic.

Loan for the personal renovation of the home

There is always a chance that the budget may go beyond your projections while remodeling your house.

Spending on your credit card could be a wise choice if you're installing a new wardrobe or making other minor modifications to your house. It is crucial to remember that among all loan products, credit cards have one of the highest interest rates.

One of the easiest and most cost-effective methods to finance your project is with a personal loan for home improvements. Such a loan provides total control over the repayment arrangements.

You may apply for a house renovation loan, which will enable you to modify your property exactly how you want to without making compromises, whether it is a minor fix-up project or a substantial overhaul.

Renovation loan against property

You might also choose a Loan Against Property (LAP) to make much-needed improvements to your house, such as remodeling the kitchen, installing plumbing, making repairs, etc. The finest Loan Against Property is available from HDB Financial Services at competitive interest rates with a flexible payback schedule. Through a loan against property, you may mortgage either your home or commercial property to receive cheap, enticing EMIs.

Rules that might have an impact on your remodeling plan:-

Hacking walls

It seems fun to knock down barriers to make a home more open-plan. For instance, to provide the impression of more space, many new HDB homeowners decide to knock down the wall separating the kitchen from the living room.

Nevertheless, acquiring HDB's clearance is the first obstacle to overcome. Not all barriers can be breached; some do so at the expense of the HDB building as a whole and your safety.

Building walls

Walls that support the construction of the building can't be hacked, thus building walls must be acceptable, right? They are, if anything, offering assistance, right? You won't need HDB permission for this, but there are still certain regulations to follow. A direct fire exit should be there, and the additional wall should still allow for enough natural lighting and ventilation in the apartment or room.

Flooring replacement

Your floor can be renovated in one of two ways: by adding laminate tiles on top of your current tiles, or by removing all of the current tiles and installing new ones.

HDB permission is only necessary for the latter. A lot of individuals like overlays since they are far less expensive than completely rebuilding the flooring.

Ceiling Renovation

For a false ceiling to be installed, a minimum floor-to-ceiling height of 2.4 meters is required although no HDB approval is required.

The 2.6-meter standard HDB floor-to-ceiling height offers you a 20-centimeter margin for fancy schmancy.

Installing a fake ceiling, despite what it may seem like, can make your home appear taller since the distance between the original and the lowered ceiling gives the impression of depth and space.

 

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Woodates Carpentry 2
Woodates Carpentry is a leading carpentry contractor providing customized carpentry services for your homes and offices in Singapore. We specialize in small to...
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