If you need a jumbo flat but you cannot find one out there on the market, there are still options you could potentially utilise to resolve your housing dilemma.
Home owners can apply to the HDB Conversion Scheme. The aim of the scheme is to combine two adjoining three, two or one-room apartments for the purpose of creating one larger living space. To make use of this opportunity, however, it’s vitally important to select a Singapore interior design company that has enough experience and knowledge of the board’s guidelines and limitations.
Going through such a project isn’t easy, however. The two title deeds for the separate flats will have to be merged in order to create a jumbo apartment through the HDB Conversion Scheme. Once the merger occurs, the two apartments cannot be sold as separate properties in the future.
The largest new flats currently available on the market are five-room properties.
Some of the largest Singaporean five-room flats are located in Bishan, Yishun and Bukit Timah, Yahoo Finance reported. Some of the most affordable five-room flats are available at prices starting at 392,000 dollars. The costliest flats can reach up to 920,000 dollars, as per 2018 statistics.
Upgrading to a big HDB flat is a serious, life-changing decision. Take enough time to analyse the benefits, the consequences and the financial implications. There will be various types of additional costs but for many families, making the switch to a bigger housing option makes sense both in terms of comfort and an eventual return on investment.
If you plan to ensure a large and comfortable living space through a flat modification, you should get in touch with a reputable and HDB licensed team like Home Guide.
The Home Guide interior designers have carried out multiple residential projects, enabling owners to customise the living space to their taste and preferences. An extensive residential portfolio sheds more light on the Home Guide work and the attention to detail in each execution.
Are you interested in making your HDB flat feel bigger and more spacious? If so, a Home Guide HDB renovation will be a viable choice. Contact us today to let us know a bit more about the specifics and to book your first renovation consultation.