This is the third part of our first home series; click to read parts one and two.
We have finally gotten to the last part of our three-part article. In our first article, we went through the different ways to pay for the house, and in our second part of the article series, we mentioned the different types of insurance that you can (and have to get) for your home.
Look where we are; you’ve come so far, but there’s not a long, long way to go! Here is the final article regarding renovation, furniture and stamp duties!
Renovation Loan
Renovation costs are usually the second highest cost of your first home after mortgages. There are many types of interior design: electrical to carpentry to fixtures and even altering the house's layout by hacking or installing walls. On average, Singaporeans spend up to 20% of their home value or roughly around $50,000 - $60,000 on their house renovation....