Renovation Project : How Much Do Singaporeans Spend On Renovation?

08 Sep 2022

It’s time to undertake one of your lifetime’s largest expenses: purchasing a new home. You’re not alone if the idea of how much remodeling a house will cost terrifies you. The entire renovation process can be intimidating because there are so many choices to be made, aspects to take into account, hidden costs to be aware of, and a family to please. Here is all the information you require regarding Singapore’s average cost of house repairs and renovations, to help you navigate renovation a bit more easily and stay inside your budget. Read on for information on the typical price of a home renovation as well as some queries you have to ask yourself before starting.

What are the factors that affect the cost of home renovation in Singapore?

If you’ve never owned a home before, you might not be aware of all the expenses involved. Typically, costs depend on:

Property Size

Is it a landed property, a condo, or a HDB? Is it a resale or brand-new item? Does it already have fittings installed, or do you have to buy them?

Type of Work

How much work is involved in starting from scratch vs. hacking?


A lot more money may be spent if luxury finishes and materials are chosen, such as marble countertops.

Who you want to hire

Different interior designers and contractors have different rates and produce work of varying quality. 


The current state of the property must also be taken into account when determining the kind and scope of the necessary work. Typically, these three expenses account for the greatest renovation work costs:

  • Hacking
  • Carpentry
  • Masonry

Home renovation costs in Singapore

From $20,000 for a very basic refurbishment of a 3-room apartment to more than $100,000 for a highly refurbished 5-room apartment. The average cost of repairs will be more if you’re remodeling a condo or landed property for a home.


Type of HDB Average Cost for a New Flat Average Cost for a Resale Flat
3-Room (60 to 65 sqm) $32,000 $43,200
4-Room (90 sqm) $43,600 $56,000
5-Room (110 sqm) $52,300 $63,500


A larger home will cost more to renovate per square meter. A resale apartment is typically more expensive than a new one. Remember that your actual renovation costs may be much different from these averages. purely because to the potential impact on your estimates that fixtures, fittings, materials, and labor costs could have.

You can choose from a variety of general designs while remodeling your HDB apartment or condo. We compared the prices of house renovation in Singapore for some of the most popular design and style options in this table.


Style Average Range
Contemporary $70,000 – $90,000
Scandinavian $65,000 – $90,000
Eclectic $65,000 – $80,000
Vintage $60,000 – $75,000
Minimalist $60,000 – $75,000
Modern $60,000 – $75,000
Transitional $55,000 – $85,000
Industrial $50,000 – $80,000
Traditional $40,000 – $75,000

It’s time to get specific about the statistics and other information you’ll need to keep in mind when upgrading your new home after deciding on a style for it.

How much will you be involved in the process?

Some customers may appreciate doing the full project themselves, paying simply for the raw materials and any necessary tools, if they have the appropriate knowledge and experience. This choice is uncommon and perhaps dangerous given the rules governing HDB renovations. 

Therefore, the majority of property owners will decide to hire a contractor or interior designer who can oversee the entire project from beginning to end. They know where to acquire the majority of the supplies within your budget and are also knowledgeable with the rules and regulations. Nevertheless, some people will combine these two strategies, finishing simple tasks on their own while hiring professionals to perform more complex tasks, such electrical and plumbing.

Think about how much time you have available and how much experience you have in these areas. Before beginning any renovations, familiarize yourself with the rules and requirements for remodeling a HDB apartment. If you plan to proceed with some DIY (non-structural) improvements to your HDB apartment, be sure to review official requirements to see whether a permit is necessary. 

Therefore, we advise consulting a qualified professional to assist this project through to completion if you are not wanting to start a DIY project. Last but not least, you should be aware that your home insurance should cover your renovations. However, if the modifications significantly enhance the value of your home, you may need to increase your home insurance coverage.

How are you going to fund this renovation project? 

You’ll need to acquire financing if you don’t have the cash on hand. To make a remodeling viable, many homeowners would take out a personal or home equity loan. Our analysis has shown that, for this kind of project, a renovation loan is almost always better to a personal loan. Personal loans often have interest rates that are 6% to 7% higher than loans for renovations. This is made possible by the fact that the home’s value is frequently utilized as collateral. A remodeling loan simply seems safer to the bank than a personal loan.

Should you hire an interior designer or contractor?

Work Required Contractor Interior Designer
Design No Yes
Conceptualising No Yes
Sourcing for Materials Depends Yes
Project Management No Yes


The cost you pay and the level of involvement you have in the project are trade-offs. Although both providers will manage the remodeling itself, there may be a substantial difference in the value-added services they offer.

We make use of 3D rendering and animation

Elpis Interior offers full service, providing complete interior design from concept to completion. We work with clients in any stages, and have provided services to private and commercial sectors. At Elpis Interior we’re all about helping you visualize your space before it’s built, saving you money and time. We make use of 3D rendering and animation to show you exactly how your space will look, before it’s even built. Get your real renovation plan with our animation and 3D visualization by contacting us here.


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