If you could have time and are confident about being in cost, going contractor-solely is an efficient way to manage your budget. Typically they charge based mostly on the cost of construction supplies. The kitchen is another place where your prices are affected by the materials you select. Though the living and eating rooms (or mixed dwelling & eating area, if we’re talking about most HDB flats) represent a big part of the flat, renovation costs here can really be pretty low. A solid possibility in case your loan balance plus renovation prices won’t exceed eighty% of the house’s value.