RENO PRICE GUIDE

Home renovation typically entails significant financial commitments. For the typical homebuyer, whether a BTO or resale property, however, a long process awaits before the home is ready for moving-in day. Recent global issues have led to increased prices, including in the renovation sector.

Shipping, supply chain and labour issues are among the factors that have led to delays and price increases, adding to the stress of home renovation. “The costs are rising. As for delays, that is typically due to the materials coming in from different countries,” says Kef Tan, creative director of d’Phenomenal, who added that working with a local team or factory eases delays.

Many homeowners have an idea of their dream home. However, in such a climate, being clear on what they want can help with managing their budget.