{"id":17209,"date":"2018-06-15T02:19:21","date_gmt":"2018-06-14T18:19:21","guid":{"rendered":"https:\/\/www.99.co\/blog\/singapore\/?p=17209"},"modified":"2022-07-01T04:54:50","modified_gmt":"2022-06-30T20:54:50","slug":"cost-renovate-landed-home","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/cost-renovate-landed-home\/","title":{"rendered":"How much does it cost to renovate an old landed home?"},"content":{"rendered":"
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One way to get your hands on landed property for cheap, is to buy it old. Like, <\/span>really <\/span><\/i>old, to the point where interior designers ask if you\u2019d rather they call an architect or an archaeologist. (At last count, there are 40+ listings for freehold landed properties in Singapore below $2 million<\/a>). If you decide to take the plunge and refurbish the premises, the works are going to cost way more than doing up an old condo unit, so you\u2019d best be prepared before you buy a landed home:<\/span><\/p>\n

Some basic assumptions<\/b><\/h3>\n

First, we\u2019re going to assume you\u2019re only <\/span>renovating <\/span><\/i>an old landed property \u2014 not tearing it down and rebuilding it altogether. Let\u2019s not confuse these two situations. Demolition and reconstruction is a whole other topic, and one that\u2019s way beyond the scope of this article (you need to consult an architectural firm, get construction permits, talk to the bank about construction loans, etc.)<\/span><\/p>\n

Second, we\u2019re going to assume a landed property with a built-up area of around 3,000 square feet (there may be some smaller ones that are even under 2,000 square feet, but that\u2019s atypical), and at least three storeys. This is common to most landed homes in Singapore.<\/span><\/p>\n

Third, we\u2019re going to assume your renovations don\u2019t involve extensions to the existing building (e.g. building a whole new floor). This sort of construction is, again, beyond the scope of this article.<\/span><\/p>\n

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    The painting cost<\/b><\/h3>\n<\/li>\n<\/ol>\n

    There\u2019s a big difference in painting costs for landed property, compared to condo units. That\u2019s because, unlike a condo owner, you also need to handle <\/span>exterior <\/span><\/i>painting \u2013 something that condo owners can leave to their management committee.<\/span><\/p>\n

    Upon asking a few contractors, we found that the overall cost for most terraced houses would come to around $8,000 for exterior painting alone. More than half of this is for preparation work. That includes:<\/span><\/p>\n