Renovation Budget for 700sqf 3-Room Resale

[Maruku 2]

Hey Experts

I planning (well in advance) for my renovation next year for a resale HDB 3room unit.

Scope :
1. Hacking of floor/cabinets/false ceiling or walls (if any) - literally whole hse

2. Flooring material for 2 bedrooms + Living room (let's say 550sqft) - Granite

3. Carpentry - Kitchen cabinet with Quartz top (approx 2.1m run)

4. Carpentry - 3 x bay window (with cabinet - total run 9m approx with 60-80cm height)

4. Electrical : Recabling of electrical wires(whole hse), installation of instant water heater x 2 (OPTIONAL)

5. Hack/Relay/waterproof x 2 bathroom

6. Misc incl haulage, chemical clean, etc

 

Attached is a floorplan i stole online LOL

Is $30k Enuf? Exclude new sinks/wc/appliances/lights/fans/painting etc.

 

Thanks a mil!

[snoozee 98]

hacking = ?
granite flooring assuming 600 x 600 sized at $20psf (including laying) will cost you $11K

quartz countertop would cost you about 1K

kitchen cabinet (bottom part) for quartz countertop at $120 per foot run will cost you about $840 for 7 foot (2.1m)

bay window cabinets at $120 per foot run will cost you $3600 for 30 foot (9 m)

electrical = ?

2 x toilets at $5K per toilet will cost you $10K

add up all above estimated costs already more than 26K. so your 30K budget is definitely not enough.

[Maruku 2]

Ooooh  wah, one toilet $5k so expensive hmmmm maybe i should only rework the master bedroom toilet, or maybe dun even rework any toilet, just clean it up.

[Maruku 2]

By the way, isit possible to request for payment terms like this ?

Downpayment - 15%

Milestones

Completion of Hacking - 5%

Start of tiling/flooring - 10%

Completion of tiling/flooring - 20%

Start of Carpentry - 5%

Completion of Carpentry - 15%

Completion of Electrical works - 10%

Completion of Project (all above done + chemical cleaning + punch list (rectifications)) - 20%