
When it comes to renovations, the possibilities are endless. Here are some ways to spice up your living quarters with a budget of just $10,000:
Smart home ideas
A check with HDB shows an average of 6,500 applicants who apply for new HDB flats are aged 25 and younger. With an influx of tech-savvy young people looking for new homes, demand for smart homes increases. Smart homes provide security, convenience and even help to reduce costs.
Here are some of the essentials you need to create a smart home:
#1 Electronic door lock

With a touch of your fingerprint or a pin code, you could easily unlock your door without the hassle of looking for the keys in your bag. The cost for an electronic door lock ranges between $500 to $700.
#2 Smart speakers

In today’s world, more and more devices are being connected everyday.
After coming home after a long day of work, sink into your sofa and take control of your living room with the use of your voice. Smart speakers are wireless devices that enhance ease of use, connect to multiple types of audio sources, and provide added convenience. The price for smart speakers ranges between $150 to $1,000.
#3 Security system – CCTV

Having a CCTV set up allows you to watch a live stream remotely so you can keep an eye on your home or business even when you are on holiday. This is a great option for families that travel often. Estimated prices for a home security system (CCTV) are $500 to $1,500. As an aside, this also discourages loitering outside your front door.
#4 Smart TV

A smart TV enables you to connect to many digital streaming platforms such as Netflix, Amazon prime video and YouTube. An essential part of every millennial’s life. A smart tv will cost you an estimated $1,500 to $3,000.
Kitchen upgrades
With the latest trends in HDB and condo kitchen design, kitchens are getting smaller and open concept spaces are becoming increasingly popular.
#1 Compact kitchens

Kitchen islands provide extra storage space while keeping your house looking sleek and beautiful at the same time. Instead of having big, empty spaces in your kitchen island cabinets where you have to stack pans upon pans, make the best of your kitchen island feature by adding smart space.
One way to do so is with drawers and shelved, cabinet space.
Generally, the more cavernous the space, the less valuable it is for storage.
Building a kitchen island from scratch can cost S$75-S$180 per square foot.
Storage ideas
With houses getting smaller, we have to be wise with how to make the best use of our living spaces.
#1 Extendable dining tables

A dining room holds a huge appeal to many who value family mealtimes, and to those who just love to entertain. What you do to facilitate a full sized eating area when the desire is bigger than the place it’s meant for?
The answer lies in an extendable dining table. The cost of one can vary from $500 to $1,500.
#2 Sofa Bed

Sofa beds are a space saving luxury and are ideal if you have limited space available in your home. If you want to fulfil your multiple needs with a single piece of furniture, nothing can serve as perfectly as a sofa bed.
One sofa bed can cost you anywhere from $500 to $2,000.
What other sort of renovations can you get with $10,000? Voice your thoughts in our comments section or on our Facebook community page.
Looking for a property? Find the home of your dreams today on Singapore’s largest property portal 99.co! You can also access a wide range of tools to calculate your down payments and loan repayments, to make an informed purchase.
About Natalie Goh
Looking to sell your property?
Whether your HDB apartment is reaching the end of its Minimum Occupation Period (MOP) or your condo has crossed its Seller Stamp Duty (SSD) window, it is always good to know how much you can potentially gain if you were to list and sell your property. Not only that, you’ll also need to know whether your gains would allow you to right-size to the dream home in the neighbourhood you and your family have been eyeing.
One easy way is to send us a request for a credible and trusted property consultant to reach out to you.
Alternatively, you can jump onto 99.co’s Property Value Tool to get an estimate for free.
If you’re looking for your dream home, be it as a first-time or seasoned homebuyer or seller – say, to upgrade or right-size – you will find it on Singapore’s fastest-growing property portal 99.co.
Meanwhile, if you have an interesting property-related story to share with us, drop us a message here — and we’ll review it and get back to you.
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