Home Renovations, Maintenance and Repairs

ReSearch on Home Renovations, Maintenance and Repairs

Websites

• Singapore Renovations.com - www.singaporerenovations.com

OUTLINES on Home Renovations, Maintenance and Repairs

On Renovation

• Infographic on Home Renovation in Singapore - http://www.singaporerenovations.com/images/infographic-home-renovation-singapore.jpg
  • Main reasons why home owners renovate?
    • 52% To refresh an old or tired looking home
    • 25% To add value before a sale
  • Most Common Areas Renovated?
    • 57% Kitchen
    • 56% bathroom
    • 54% Outdoor Space
    • 48% Living Room Area
    • 47% Bedroom
    • 42% Hallway
    • 41% Dining Room Area
    • 36% Laundry Room
  • Most Common Renovation Activities
    • 60% Painting and Decorating
    • 59% New Furniture and Fittings
    • 49% New Floors or Carpeting
    • 28% New Walls
    • 27% Renovated Gardens or Outside Space
  • Most Common Sources of Funding for Renovations
    • 40% Savings
    • 15% Redraw Existing Home Loan
    • 11% Refinance to a new home loan
    • 9% personal loan
    • 9% other sources
    • 5% income during renovations
    • 5% help from friends or family
    • 3% credit card
  • Main Renovation Pitfalls
    • Longer than expected 58% of the time
    • Over Budget on average by $3000
      • Main reasons why renovations go over budget?
        • 48% Unexpected Material Costs
        • 47% Unexpected Labour Costs
  • Failing to Plan
    • 71% of renovators go it without seeking financial advice
    • 37% do not have contingency plan if renovations go over budget
• 5 Mistakes to Avoid when Renovating your HDB - http://www.singaporerenovations.com/news/5-mistakes-to-avoid-when-renovating-your-hdb.html
  • Not Having Necessary Permits
  • Using Cheap Materials
  • Not doing Adequate Preparation
  • Stripping everything down
  • Too much DIY or hiring an unlicensed tradesperson
• 5 Tips on CHoosing the right Renovation Contractor - http://www.singaporerenovations.com/news/5-tips-on-choosing-hdb-renovation-contractor.html
  • Experience and Expertise
  • Employees
  • Price and Affordability
  • Customer's Reviews and Feedback
  • References