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Tips on How To Renovate Your House Without Renovation Loan in Singapore

 

 

We spoke to some new contractors on how you can do up your first home without Renovation loan. They told us that the best way is by using an interior designer and getting creative with colors, patterns, lighting etc., so you don’t have to spend too much money on furniture or accessories.

 

Get inventive in color schemes and textures; mix high end fabrics with old rugs from Asia!

Use mirrors strategically – it’ll make any room look bigger plus it’s reflective light will bounce off them which gives more illumination into the room

Find vintage pieces at thrift stores like armchairs or chairs for around $50-$100 each; they may not be as trendy now but there are always good design finds out  there

Use an interior designer to help you with your layout and color schemes. It may cost a bit but it’ll be worth the investment!

1 Budget to pay over 6 months, then apply for an interest-free renovation loan

Many banks offer interest-free renovation loans which can be paid over a period of six months. This is perfect for people who want to start with small changes, and then build up as they get more funds.

The best time to apply is when you know the exact amount that you need in order to finish your renovations so it doesn’t cost any extra money on account management fees or repayments. You could also do this by saving up for big projects such as new kitchens and bathrooms first, instead of buying smaller items like beds and interior decor right away!

 

2 Hire an Accredited Contractor/Interior Designer

Hiring an accredited contractor or interior designer to renovate your in house by loan can be a good idea for people who want to spend more time focusing on their family and work. This is because they will have all the knowledge of how things should look, so you’ll feel confident in the changes that are being made!

If this sounds like something you’re interested in, it’s best to make sure that whoever you hire has been licensed and insured by a company such as PICC (Professional Interior Design Council).

This may cost slightly more but knowing that there’s someone qualified looking over everything means peace-of-mind during the process.

Regardless of whether or not you go with an interior designer, hiring one at some point after renovations start is a good idea.

Not only will they be able to arrange the furniture in your new space, but often times you’ll need an expert opinion.

Yishun Interior Design and Renovation in Singapore

3 Renovate in phases

One way to make sure that renovations don’t become a budget buster is by renovating in phases.

This will allow you to work within your means and it’ll help prevent the dreaded “renovations are never done” feeling down the line!

You may want to start with repainting or new flooring before tackling something like a new kitchen, for instance.

Or if there’s one thing you could do without right now, postpone renovation on that area until next time around instead of doing them all at once.

The important thing is knowing what can wait versus what needs attention right away!

It might seem counter-intuitive but this approach can save money and give homeowners peace of mind about getting everything finished when they can afford it. here are the phases:

 

*Phase One: 

Renovations that will add the most value to your home and are worth the investment

*Phase Two: 

Renovations that you may want to do in the future if your budget permits  and renovations that you may be able to DIY.   The important thing is knowing what can wait versus what needs attention right away! It might seem counter intuitive but this approach can save money and give homeowners peace of mind about getting everything finished when they can afford it.

*Phase Three: 

Renovations that is worth were done by a professional and may not be as expensive, the cost and the time used for it.

*Phase Four: 

The final phase of home renovations can be the most expensive but it also has a big impact on curb appeal and value for money.

 

Yishun St Interior Design and Renovation in Singapore

4 Minimize customization

What may seem like a good idea, may be more costly than anticipated. This is because the cost of customization includes not only the materials and labour but also permits that are required for building projects in Singapore. 

You will need to hire an architect if you want to make big changes which means additional costs borne by homeowners.

The first thing most people do when they purchase their new home is decorate! The problem with this approach is that it usually does little to improve the value of your property as compared with renovating certain things such as adding features or space for privacy at outdoor spaces.

You can use these affordable renovation tips from Homelive on how to save money during renovations without compromising quality and safety . Homeowners should budget wisely for their renovations and not opt for more expensive ideas.

Renovation loan singapore are available from maybank, UOB, RHB as well as other banks in Singapore. You can get up to 100% financing with these renovation loans that come at a competitive interest rate . Approval process is usually quick if you’re eligible for the mortgage product .

 

There’s some type of renovation loan that were recommend for homes in Singapore;

  • Maybank renovation loan is a type of renovation loan that comes with 100% financing up to S$200,000.
  • UOB renovation loan is a type of renovation loan that may be used for the enhancement, expansion or alteration on existing properties. It may also be used for the purchase of a new property, with up to S$250,000.
  • RHB renovation loan may be used for the renovation of your property with up to S$150,000.
  • NTUC Renovation loan is a type of renovation loan that may be used for the purchase or alteration of an existing property. Some banks offer up to 100% financing.
  • OCBC renovation loan  is a type of renovation loan that may be used for the purchase or alteration of an existing property. Some banks offer up to 100% financing

 

Conclusion:

If you’re interested in ways to renovate your home without renovation loan in singapore, we have tips that will interest you. We offer interior design services for both residential and commercial spaces. Our team of experts is ready to help you with all aspects of the process from consultation through installation. Let us know what kind of renovation ideas are on your mind or if there’s anything specific that needs attention! Contact DivaInterior.com Design today for more information about our plans and prices.