{"id":75367,"date":"2024-05-29T16:05:27","date_gmt":"2024-05-29T08:05:27","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=75367"},"modified":"2024-10-18T17:02:49","modified_gmt":"2024-10-18T09:02:49","slug":"bto-renovation-costs-singapore-2024","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/bto-renovation-costs-singapore-2024\/","title":{"rendered":"BTO renovations in Singapore 2024: What you should know"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<p>Home renovations in Singapore are a significant area of interest, particularly because of the increasing costs of materials and labour. For individuals intending to renovate their BTO flats in 2024, it is important to comprehend the associated costs and make adequate preparations.<\/p>\n\n\n\n<p id=\"h1\">This guide should offer a thorough review of BTO renovation costs, the factors influencing these costs, and strategies for cost-effective renovation.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-table-of-contents\">Table of contents<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"#h1\">Understanding BTO renovation costs in 2024<\/a><\/li>\n\n\n\n<li><a href=\"#h2\">Detailed cost breakdown<\/a><\/li>\n\n\n\n<li><a href=\"#h3\">Factors affecting renovation costs<\/a><\/li>\n\n\n\n<li><a href=\"#h4\">Tips to lower renovation costs<\/a><\/li>\n\n\n\n<li><a href=\"#h5\">Additional considerations<\/a><\/li>\n\n\n\n<li><a href=\"#hc\">Conclusion<\/a><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-understanding-bto-renovation-costs-in-2024\">Understanding BTO renovation costs in 2024<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1200\" height=\"798\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/05\/renovationmilivojkuharunsplash.jpeg\" alt=\"bto renovation costs singapore 2024\" class=\"wp-image-75377\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/05\/renovationmilivojkuharunsplash.jpeg 1200w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/05\/renovationmilivojkuharunsplash-150x100.jpeg 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption class=\"wp-element-caption\">Image credit: Milivoj Kuhar on Unsplash.<\/figcaption><\/figure>\n\n\n\n<p>Renovation costs for BTO flats in Singapore have seen an upward trend, with expected&nbsp;increases of&nbsp;10-15% in 2024.&nbsp;Here\u2019s a breakdown of the expected renovation costs:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>3-room flats<\/td><td>S$34,200 to S$52,100<\/td><\/tr><tr><td>4-room flats<\/td><td>S$52,500 to S$66,000<\/td><\/tr><tr><td>5-room flats<\/td><td>S$62,000 to S$70,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p id=\"h2\">Compared to 2023, where the average costs ranged from S$45,800 to S$69,000 depending on the flat size, the rise in costs is primarily driven by increasing material and labour\u00a0prices,\u00a0coupled with\u00a0inflation.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-detailed-cost-breakdown\">Detailed cost breakdown<\/h2>\n\n\n\n<p>For a better perspective, here are the <a href=\"https:\/\/qanvast.com\/sg\/articles\/how-much-is-a-3-4-and-5-room-hdb-flat-renovation-in-2024-3232\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">average renovation costs for BTO and resale flats in 2023<\/a>:<\/p>\n\n\n\n<p>\u2022 <strong>3-room BTO flat:<\/strong>\u00a0S$45,800 to S$55,700<\/p>\n\n\n\n<p>\u2022 <strong>4-room BTO flat:<\/strong>\u00a0S$49,500 to S$62,800<\/p>\n\n\n\n<p>\u2022 <strong>5-room BTO flat:<\/strong>\u00a0S$55,000 to S$69,000<\/p>\n\n\n\n<p>Resale flats generally cost more to renovate because of the need for extensive overhauls:<\/p>\n\n\n\n<p>\u2022 <strong>3-room resale flat:<\/strong>\u00a0S$62,700 to S$71,800<\/p>\n\n\n\n<p>\u2022 <strong>4-room resale flat:<\/strong>\u00a0S$60,720 to S$72,500<\/p>\n\n\n\n<p>\u2022 <strong>5-room resale flat:<\/strong>\u00a0S$77,600 to S$97,800<\/p>\n\n\n\n<p>The comparison of renovation costs between 2023 and 2024 shows a noticeable increase attributed to the escalation of material and labour prices.<\/p>\n\n\n\n<p>In 2023, the renovation costs for a 3-room BTO flat ranged from S$45,800 to S$55,700, while in 2024, the expected costs are between S$34,200 and S$52,100. For a 4-room BTO flat, the costs have risen from S$49,500 to S$62,800 in 2023 to S$52,500 to S$66,000 in 2024.<\/p>\n\n\n<p style=\"border: 0.8px solid #808080; font-size: 17px; padding: 15px; text-align: left;\"><i>Read this: <a href=\"https:\/\/www.99.co\/singapore\/insider\/renovation-calculator-budget-range\/\" target=\"_blank\" rel=\"noopener\">Renovation calculator: Find your ideal renovation budget range <\/a><\/i><\/p>\n\n\n\n<p id=\"h3\">Similarly, for a 5-room BTO flat, the renovation costs have increased from S$55,000 to S$69,000 in 2023 to S$62,000 to S$70,000 in 2024. This upward trend is consistent across both BTO and resale flats, with resale renovations also experiencing significant cost hikes.<\/p>\n\n\n\n<p id=\"h3\">These increases are primarily attributed to ongoing inflation and higher prices for raw materials and labour, reflecting the broader economic conditions impacting the construction and renovation industry.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-factors-affecting-renovation-costs\">Factors affecting renovation costs<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1200\" height=\"795\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/05\/renovationeugenstrunsplash.jpeg\" alt=\"bto renovation costs singapore 2024\" class=\"wp-image-75378\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/05\/renovationeugenstrunsplash.jpeg 1200w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/05\/renovationeugenstrunsplash-150x99.jpeg 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/figure>\n\n\n\n<p>Several factors influence the renovation costs of BTO flats:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Size of the BTO flat:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Larger&nbsp;flats require more materials and labour, naturally driving up costs.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Who renovates your flat:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Choosing between interior designers (IDs), contractors, or design-and-build services impacts&nbsp;the cost. IDs offer design and project management services, while contractors are generally cheaper but require more oversight from the homeowner.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n<p style=\"border: 0.8px solid #808080; font-size: 17px; padding: 15px; text-align: left;\"><i>Read this: <a href=\"https:\/\/www.99.co\/singapore\/insider\/5-strategies-maximise-tight-budget-home-renovation\/\" target=\"_blank\" rel=\"noopener\">5 strategies to maximise a tight budget for home renovation <\/a><\/i><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Materials used:<\/strong>\n<ul class=\"wp-block-list\">\n<li>High-quality materials such as custom carpentry and parquet wood flooring can significantly increase costs.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Scope of renovation work:<\/strong>\n<ul class=\"wp-block-list\">\n<li>The extent of interior design and structural changes, including carpentry, hacking, masonry, and&nbsp;disposal of materials, also affects the overall cost.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Renovation duration<\/strong>:\n<ul class=\"wp-block-list\">\n<li>The expected renovation durations for BTO flats in 2024 are:\n<ul class=\"wp-block-list\">\n<li>\u2022 <strong>3-room flat:<\/strong>&nbsp;8 to 10 weeks<\/li>\n\n\n\n<li>\u2022 <strong>4-room flat:<\/strong>&nbsp;8 to 10 weeks<\/li>\n\n\n\n<li>\u2022 <strong>5-room flat:<\/strong>&nbsp;8 to 10 weeks<\/li>\n\n\n\n<li>Resale flat renovations typically take&nbsp;longer,&nbsp;around 10 to 12 weeks,&nbsp;due to varying conditions and potential hidden issues such as faulty plumbing or damaged walls.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h4\">Tips to lower renovation costs<\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Have a clear design direction:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Plan your design thoroughly, using inspiration from Pinterest and local interior design websites. Popular 2024 trends include bold wallpaper, warm neutrals with green accents, and art d\u00e9co elements.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>DIY design:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Consider designing your home\u00a0using online tools like SketchUp and working directly with contractors. Ensure they are registered under HDB\u2019s Directory of Renovation Contractors and apply for the permits.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Overlay tiles instead of hacking:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Save costs by opting for laminate flooring instead of hacking existing tiles. Laminate flooring can cost up to $8 per square foot.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n<p style=\"border: 0.8px solid #808080; font-size: 17px; padding: 15px; text-align: left;\"><i>Read this: <a href=\"https:\/\/www.99.co\/singapore\/insider\/home-renovation-loan\/\" target=\"_blank\" rel=\"noopener\">How to do up your home without taking a renovation loan <\/a><\/i><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Source your materials:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Purchase materials and accessories independently from platforms like Taobao and Ezbuy to avoid additional charges from IDs.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Minimise carpentry works:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Reduce costs by choosing affordable furniture alternatives and minimising built-in carpentry.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Paint your house yourself:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Save on printing costs by doing it yourself or applying wallpaper.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h5\">Additional considerations<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Custom-made furniture:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Discuss with your interior designer to balance quality and cost. Quality furniture is generally more expensive but lasts longer.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Installation and delivery fees:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Account for these fees in your budget,\u00a0as\u00a0they can add up quickly.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Electrical appliances:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Allocate funds for essential appliances, like fans, lighting fixtures, air conditioners, and kitchen appliances. Look for deals on platforms like Lazada, Qoo10, and Shopee.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n<p style=\"border: 0.8px solid #808080; font-size: 17px; padding: 15px; text-align: left;\"><i>Read this: <a href=\"https:\/\/www.99.co\/singapore\/insider\/should-singapore-homeowners-renovate-before-selling\/\" target=\"_blank\" rel=\"noopener\">Should Singapore homeowners renovate before selling? <\/a><\/i><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Time management:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Plan for potential delays and buffer time. HDB renovations typically take 10-12 weeks, while new condo renovations take about&nbsp;8&nbsp;weeks.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Contingency fund:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Prepare for unexpected costs, such as moving furniture and purchasing sudden materials.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Choosing a good renovation contractor:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Engage reliable contractors to ensure a smooth renovation process. Popular contractors in Singapore include Empire Works, Unimax Creative, Eight Design Pte Ltd, Reno Guys Pte Ltd, and M2 Decor.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"hc\">Conclusion<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1200\" height=\"757\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/05\/renovationcallumhollunsplash.jpeg\" alt=\"bto renovation costs singapore 2024\" class=\"wp-image-75379\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/05\/renovationcallumhollunsplash.jpeg 1200w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/05\/renovationcallumhollunsplash-150x95.jpeg 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption class=\"wp-element-caption\">Image credit: Callum Hill on Unsplash.<\/figcaption><\/figure>\n\n\n\n<p>Renovating a BTO flat in Singapore in 2024 involves meticulous planning and budgeting. It is essential to comprehend the associated costs, consider the factors impacting these costs, and adhere to the provided recommendations to accomplish your desired home transformation within budget constraints.<\/p>\n\n\n<p style=\"border: 0.8px solid #808080; font-size: 17px; padding: 15px; text-align: left;\"><i>Read this: <a href=\"https:\/\/www.99.co\/singapore\/insider\/hdb-bto-june-2024\/\" target=\"_blank\" rel=\"noopener\">HDB BTO June 2024: From Jurong East to Tampines, &amp; more (HDB BTO June 2024 project locations and details) <\/a><\/i><\/p>\n\n\n\n<p>Engaging a dependable contractor and setting aside a contingency fund is advisable for a more streamlined renovation process.<\/p>\n\n\n<p><iframe loading=\"lazy\" style=\"border: none; width: 350px !important; box-shadow: 0px 2px 12px rgb(11 17 52 \/ 15%); border-radius: 16px;\" src=\"https:\/\/www.99.co\/property-value-widget?contentSource=insider-blog&amp;contentId=bto-renovation-costs-singapore-2024\" width=\"350\" height=\"370\" scrolling=\"no\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><\/span><\/iframe><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Disclaimer<\/strong>: This information is intended solely for general informational purposes. 99.co makes no claims or guarantees regarding the accuracy, completeness, or suitability of the information, including, but not limited to, any assertion or assurance regarding its appropriateness for any specific purpose, to the maximum extent allowed by law. Despite all efforts to ensure that the information presented in this article is current, reliable, and comprehensive at the time of publication, it should not be used as the sole basis for making financial, investment, real estate, or legal decisions. Furthermore, this information is not a replacement for professional advice tailored to your unique personal circumstances, and we disclaim any responsibility for decisions made using this information.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>Home renovations in Singapore are a significant area of interest, particularly because of the increasing costs of materials and labour. For individuals intending to renovate their BTO flats in 2024, it is important to comprehend the associated costs and make adequate preparations. This guide should offer a thorough review of BTO renovation costs, the factors&hellip;<\/p>\n","protected":false},"author":143,"featured_media":75379,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"19175,9870,58328,42822,66314,62685","_relevanssi_noindex_reason":"","_lmt_disableupdate":"no","_lmt_disable":"no","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53631,53642,53589,53600,57565],"tags":[58881,58880,53636,53915,58877,58878,58879],"persona":[57125,57127,57126,57128],"class_list":{"2":"type-post","23":"entry","24":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BTO renovations in Singapore 2024: What you should know - 99.co<\/title>\n<meta name=\"description\" content=\"What are the costs for renovating BTOs in 2024? 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