28 Oct

They say that home and office renovation in Singapore adds a significant resale value to your property in the market. It is the reason why many consider it an immense investment. Yet, it is not a secret that renovation can be extremely costly as well. It is why property owners remodel their homes or commercial spaces gradually. They usually start from room by room to commercial office interior design in Singapore. 

Here are the factors that affect the cost of a home and office renovation in Singapore:

  1. The size of your space

One of the biggest factors that make renovation costs skyrocket is the size of your space. Contrary to the belief of many, the larger the project, the cost-effective it is. The reason is many contractors offer discounts on bulk materials. It is where property owners get their savings. 

  1. The condition of your property

Old spaces have previously erected walls, dividers, and rooms that may only need repair and redesigning. 

On the other hand, new shell space places the responsibility of erecting these facilities to the owner. It is much more expensive compared to when you buy an office chair in Singapore for your ready-made space. 

  1. Location

Expect your renovation expenses to blow up if your property is located far away from the city. Generally, your contractors and vendors will pass their extra expenses to you logistic-wise. There can be additional labour as well. 

  1. Contractor

Contractors, builders, and interior design firms have different fees, depending on their name, capabilities, and quality of work. These firms hire expert professionals who apply the standards of construction and commercial office interior design in Singapore

  1. Materials

Generally, rare and high-end materials and furnishings drive the price of your renovation, but there are a lot of cheaper material alternatives in the market. Whenever you buy tile flooring or an office chair in Singapore, check the materials first. 

Have you identified which areas you will make a budget cut? 

Okamura International provides top-notch furniture products and space planning services in Singapore. Visit Okamura International today.

Resource:
https://www.scoop.it/topic/infograpics-by-iamhishintan/p/4127808328/2021/10/28/what-drives-the-cost-of-office-renovation-in-singapore

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