RENO PRICE GUIDE

Renovating your home? Get an idea of how much the different aspects of renovations cost in 2022.

- AIRIS ABDULLAH

Home renovation typically entails significant financial commitments. For the typical homebuyer, whether a BTO or resale property, however, a long process awaits before the home is ready for moving-in day. Recent global issues have led to increased prices, including in the renovation sector.

Shipping, supply chain and labour issues are among the factors that have led to delays and price increases, adding to the stress of home renovation. “The costs are rising. As for delays, that is typically due to the materials coming in from different countries,” says Kef Tan, creative director of d’Phenomenal, who added that working with a local team or factory eases delays.

Many homeowners have an idea of their dream home. However, in such a climate, being clear on what they want can help with managing their budget. Raymond Seow, founder of Free Space Intent, advises, “It is best to talk to a few interior designers to understand what they can give you. The good thing now is that you can research online to find the right interior designer that suits your needs. Interior designers with economical packages offer more straightforward services, which would be great for those looking for standard designs, so it really depends on the needs of the homeowners. Bespoke services that cost more will be more suitable for homeowners who want more advice.”