It became quite obvious that the Covid-19 pandemic and the Circuit Breaker period will cause some delays in BTO construction. We previously reported that BTO construction work stopped altogether while social distancing and quarantine measures were in full effect.
Later on, official announcements tried to reassure potential buyers that work would be accelerated upon the lifting of the Circuit Breaker restrictions. Still, HDB confirmed that some delays in construction launches were to be anticipated.
As a result of these developments, many Singaporeans interested in getting a new home turned their attention from new BTO flats to resale HDB apartments.
Are you now making plans to acquire a resale flat for your family? If so, you’ll have to account for the specifics and the need for renovation. Partnering up with the right home interior design team and understanding the challenges you’re about to face will help you transform the flat quickly and create the perfect living space.
Loss of Interest in BTO Bidding
A Channel News Asia report revealed the fact that some prospective buyers have decided to refrain from bidding on BTO public housing flats. The loss of interest came as a result of construction delays related to Covid-19.
And while there are ways for construction teams to make up for lost time, numerous families are not willing to postpone the acquisition of their new home or a bigger property for their family. As per the report, some buyers would have to wait anywhere between five and seven years before they could move in the much-coveted BTO flat.
Making the switch to an HDB resale flat makes sense for those who want to move in urgently. The resale market, however, poses some very distinctive issues in need of a tailored solution.
The Cost of HDB Resale Flat Renovation
Check out this resale cost comparison – it will give you a good idea about how the money you’ll spend on BTO and HDB resale improvements is going to compare.
The fact that somebody else has already lived in the apartment could increase the cost of renovating an HDB resale property. This is why checking out multiple flats and assessing their condition before buying will be imperative. Expenses linked to renovating resale flats can vary greatly and it’s up to you to pick the right option.
Needless to say, a BTO flat will be cheaper to renovate. Still, you can do numerous things to bring down the cost of HDB resale renovation while still enjoying the perfect home for your family.
Tips for Executing a High Quality, Affordable Resale Flat Renovation
Planning and doing your homework in advance are two of the essentials that will help you save some money on the upgrades of a resale flat.
A major renovation of an average resale flat could cost anywhere between 50,000 and 90,000 dollars. Luckily, you wouldn’t need to complete a major renovation most of the time.
If you feel like you’ve found the perfect resale flat, sit down and write a list of the things that you feel should change. Putting the information down on paper results in a much clearer idea of the project’s scope. Such notes will also simplify communication with the renovation team you’ll hire.
When planning changes, always think of the long-term needs your family will have. As a new home buyer, you’ve probably checked design trends and décor magazines. You’re inspired by minimalist, clean and perfectly organized homes.
Understand this, however – a trend that is hot right now may not necessarily stick around for a long time. Changes you make to a resale flat should be functional. They should improve the living conditions, increase the value of the property and at the same tome make the flat suit your lifestyle. Changes for purely aesthetic reasons can be too costly without giving you anything in return.
Be practical, pick colours, materials, products and décor carefully. If you’re not a professional in the realm, have a consultation with a home renovation and home interior design management company. The ideas that seem great to you right now could be difficult to execute or completely whimsical. Interior Design Professionals who gain a good understanding of your original concept will be capable of building upon it to ensure an amazing outcome.
HDB Resale Home Renovation: Check Out Our Expertise
Home Guide’s team has been completing HDB resale flat renovations for decades. We know what it takes to erase the traces that the flat’s previous occupant left and to give you a space that’s comfortable and harmonious and completely yours.
Our HDB resale flat renovation package is tailored to the needs of people like you. When we embark on the home renovation journey together, we will ensure complete engagement. The Home Guide philosophy is all about comprehensive solutions. Our team will manage every single step (from planning to the finishing touches) so that you wouldn’t have to worry about a thing.
If you’re dreaming about moving into your brand new home as soon as possible, you can accomplish the dream through the purchase of an HDB resale flat.
Don’t be scared about the issues or the scale of renovation work you’ll have to face. With the right professionals by your side, you’ll get the home of your dreams in a matter of months. Contact Home Guide today to get started.
Home Guide Makes Home Renovations a Breeze
2021 gives you amazing opportunities for affordable and transformative home renovation.
Home Guide is the team that can give you the perfect outcome within the specified timeframe and budget. We’re known for our commitment to quality, excellent communication and meeting deadlines.
If you contact Home Guide now, you’ll benefit from a free first consultation. We’ll discuss your flat’s current condition, your vision and other aspects of the project that interest you. Based on that information exchange, we’ll put together a tailored project bound to transform your home and turn it into the residential space of your dreams.