Home renovation is an important aspect of owning a property in Singapore. A well-designed and renovated home not only enhances the look and feel of your living space, but it can also increase the value of your property. However, finding a cheap and good renovation contractor in Singapore can be a challenge, especially with the high cost of renovation services in the city. In this article, we will cover the cost of renovation services in Singapore, how to choose a quality contractor, and how to avoid scams and unreliable contractors.
Cost of Renovation Services in Singapore
The cost of renovation services in Singapore can vary greatly depending on several factors, such as the type of property, the extent of the renovation, and the materials used. On average, renovation costs can range from $10,000 to $100,000 or more.
For a better understanding of renovation costs in Singapore, let’s take a look at a four-room HDB Flat example for different renovation services:
|Hacking||S$100 to S$3,900||S$100 to S$5,200||S$100 to S$3,200||S$100 to S$6,800|
|Carpentry||S$200 to S$23,700||S$200 to S$33,700||S$100 to S$17,900||S$200 to S$9,000|
|Masonry||S$200 to S$22,000||S$200 to S$88,00||S$200 to S$11,300||S$100 to S$17,500|
Price Rate taken from Qanvast
When planning a renovation project, it is essential to create a budget that takes into account the cost of materials, labor, and any extra expenses such as permits or taxes. It is also important to create a contingency budget for any unforeseen expenses.
Factors to consider when creating a budget include:
- The size of the home – larger homes requires a higher budget for renovations.
- The type of renovation – full home renovations will be more expensive than simple bathroom or kitchen updates.
- The quality of materials – higher quality materials can increase the value of the home, but they can also be more costly.
- Labor costs – this will depend on the type of renovation and the contractor you choose.
How to Choose a Good Renovation Contractor in Singapore?
Renovating your living space can be a daunting task, especially when it comes to choosing a cheap and good renovation contractor in Singapore. When choosing a renovation contractor, it’s also important to consider a few key factors. Here are a few things to keep in mind:
1. Get recommendations
One of the best ways to find a good renovation contractor in Singapore is to get recommendations from friends or family members who have recently renovated their homes. If you know someone who has had a good experience with a particular contractor, they will likely be able to provide you with valuable insights and recommendations.
2. Do your research
Once you have a few potential renovation contractors in mind, it is important to do your research and make sure that they are reputable and have a good track record. You can check online reviews and ratings, as well as speak to previous clients to get an idea of the quality of work that the contractor is capable of.
3. Get multiple quotes
When you have narrowed down your list of potential renovation contractors, it is important to get multiple quotes before making your final decision. This will allow you to compare prices and services, and make sure that you are getting the best value for your money.
4. Ask about warranties and guarantees
Before selecting a renovation contractor, be sure to ask about any warranties or guarantees that they offer. This will give you peace of mind knowing that if something goes wrong during the renovation process, the contractor will be liable for any damages or repairs that may be required.
5. Make sure they are licensed and insured
Finally, before hiring a contractor, make sure that they are licensed and insured. This will protect you from any financial liability if something goes wrong during the renovation process.
Avoiding Scams and Unreliable Renovation Contractors
Unfortunately, scams and unreliable contractors are common in the renovation industry. It’s important for individual owners and business organizations alike to exercise caution when engaging with contractors. Here are a few common scams to look out for:
Advance payment scams
This type of scam involves a contractor who asks for a large amount of money upfront before starting the renovation project. The contractor may then disappear with the money, leaving you with no way to get your money back or finish the project. To avoid this scam, never pay more than 10% of the total project cost upfront, and make sure you have a clear and written agreement with the contractor.
These are contractors who have no physical address, no business license, and no professional reputation. They may offer low prices to attract customers, but the quality of their work is often poor, and they disappear once the project is finished.
Some contractors may not be licensed, insured, or qualified to perform renovation work. This can lead to substandard work, safety hazards, and legal issues. To avoid this, check the contractor’s credentials and make sure they are licensed, insured, and qualified to perform the work you need.
Some contractors may offer high estimates, but the quality of their work is poor. This is a common tactic used by unscrupulous contractors to make more money. To avoid this, get multiple estimates from different contractors and compare the prices, services, and references of each one. Make sure that these contractors are qualified and have experience in the field, as this will help ensure that the job is done correctly and efficiently.
Best Renovation Contractors in Singapore
- Woodlands Industrial Xchange, 71 Woodlands Ave 10, #07-18, 737743
- +65 9781 6300
“Very reliable renovation company. Accommodate to my family needs. Easy to reach them when problems/issues occurs. They will definitely resolved the issue. Great service provided! Love the renovation that has been well done. Absolutely beautiful. Thank you reno guys! Special thanks to Mr Faiq”. – Shamsiah
- 22 Sin Ming Ln, #01-84 Midview City, Singapore 573969
- Blk 178 Toa Payoh Central #01-208 (Beside TPY HDB Hub), Singapore 310178
- 18 Boon Lay Way #01-97 Tradehub 21, Singapore 609966
- +65 6834 4333
- +65 63583921
“Six months after moving in we have no problems with our 2-room flexi flat at Dawson. 3D Tommy did a great job in managing the time of work and they have their own workshop to fabricate all the constructions with no downtime. The gradient for the runoff in the shower area was nicely done. The water flows perfectly into the floor trap bypassing one side of the toilet base.” – Francis
- 34 Hillview Ter, Singapore 669254
- +65 8825 9044
“Great experience from the start to end! Jack has value added to our concept and follows up promptly with our (additional) requests. The workmanship is great. Would recommend GOAT to anyone.” – Eddie Foo
- M-space, 6D Mandai Estate #03-12, Singapore 729938
- +65 9115 8246
“Awlad and the team were very helpful. Managed to complete an urgent project within a few weeks, even in the midst of year-end and CNY holidays. Very reliable, responsive, and flexible. Even helped with minor installations out of goodwill. Word of caution: need to be careful as they sometimes make mistakes in billing, but more due to carelessness than anything else”. – A.T.
- Oxley Bizhub 1, 61 Ubi Road 1 #03-22/26, Singapore 408727
- +65 6291 4846
“It was a pleasure to work with Nicky. His professionalism and willingness to attend to any issues promptly is admirable. Working on a tight budget, Casa was able to transform my house to something beyond my expectations. Highly recommended for those looking for a reliable Reno Contractor”. – Harry Loh
- 1 Tampines North Dr. 1, #01-11, Singapore 528559
- +6386 3383
“We are very happy to have Brad designing our first home! He listens to our idea and helps us improvise them to make them more practical! He goes the extra mile to fulfill our requests and is always cheerful and sincere, which makes our discussion much easier and smoother. Thank you, Brad, for making our first reno journey an easier and enjoyable one!”. – ZiEn Oh
- 18 Boon Lay Way, #01-98A 18@TradeHub 21, Singapore 609966
- 140 Paya Lebar Road #01-14, AZ @ Paya Lebar, Singapore 409015
- +6295 0922
“Overall, very satisfied experience with Nicholas from 9 Creation. He was able to help us save cost and work towards our budget.” – Lu Jiale
How much should you spend on renovation in Singapore?
The amount that you should spend on renovation in Singapore will depend on your specific needs and budget. Generally speaking, costs can range from a few thousand dollars (for minor refreshes) to upwards of $50,000 or more for full-scale home renovations. Factors such as the size of your house, extent of the work required, and quality of materials used will also affect how much you need to spend.
How do people afford renovations in Singapore?
Renovating your home in Singapore can be expensive, but there are a few ways to afford the cost. Many people use personal loans or renovation loans to finance their projects. Personal loans provide larger sums of money and higher loan limits, whereas renovation loans offer more flexible repayment terms and interest rates that are typically lower than personal loan rates. Other ways to borrow for renovations include tapping into your savings or using mortgage refinancing options such as cash-out refinancing or home equity lines of credit.
How can I renovate cheaply?
Renovating your home cheaply is possible, but it will require some careful planning. One way to save money when renovating is to look for cost-efficient materials that can still achieve the desired look while keeping renovation costs low. You may also want to consider DIY projects when possible and try to limit the scope of renovation whenever possible. Additionally, you can make use of renovation loans or personal loans offered by banks and other financial institutions in order to help make renovation more affordable. With proper budgeting and research, you can find ways to refurbish your house within a tight budget.
How do you negotiate a lower price with a contractor?
Negotiating a lower price with a contractor is possible but requires careful strategy. First, be sure to research the field and set up meetings with multiple contractors in order to compare prices and services offered. Before presenting your offer, come prepared with a budget and information from other quotes so you can back up your request for a better rate. Also ensure that any payment terms are clearly outlined before signing on the dotted line. Finally, don’t forget to thank the contractor for considering your proposal – this will help the negotiation process go smoothly!
What are the signs of a good contractor?
When looking for a good renovation contractor, there are several signs to look out for. Signs of a good contractor include having clear communication, being transparent in pricing and scheduling, providing good references from prior projects, delivering quality results on time and within budget, and offering reliable customer service. Additionally, make sure to check for certifications or memberships with local building associations or trade organizations. Doing your research will enable you to find a reputable renovation contractor who can help transform your space into something amazing!
Home renovation is an important investment in Singapore, and finding a quality and affordable contractor is crucial to ensure the success of your project. By considering the cost, choosing a quality contractor, and protecting yourself from scams and unreliable contractors, you can ensure that your renovation project runs smoothly and meets your expectations.
- Know the average cost of renovation services in Singapore and set a budget
- Choose a quality contractor by checking credentials and references
- Protect yourself from scams and unreliable contractors
- Do your research and make informed decisions
If you’re looking for financing options for your home renovation project, consider 365 Credit’s renovation loan. With flexible repayment options and competitive interest rates, we can help you turn your renovation dreams into a reality.