What to Know About BTO Renovation and Condo Renovation: Differences, Costs, and More

by Speedy Decor Pte Ltd Offices & House Interior Works

When renovating your old condo, there are many new things to consider. This article talks about the difference between BTO and condo renovation, and also discusses the costs involved in these two different procedures.

What is the difference between BTO and condo renovation?

A two-bedroom condominium in the CBD of Singapore will cost about $1.5 million after renovation, while a similar BTO flat in the same area could cost more than $2 million. The major difference between the two types of renovation is that condo renovations are highly regulated by the HDB (Housing Development Board), whereas BTOs are not. Nevertheless, the HDB has set guidelines to make sure that they don't exceed what is allowed. While many people use the words "BTO" and "condo" interchangeably, there are real differences between the two processes. The first is a building case renovation, while the second is a property renovation. The first process includes any changes made to a building or a unit that make it more durable or livable. This includes new windows and doors, electrical upgrades, and structural improvements such as elevators and balconies. Condo renovation only involves the cosmetic upgrading of units, such as painting walls and floors, replacing interior doors and windows, and making improvements such as kitchen remodeling. It doesn't include anything structural, such as elevators or balconies, because condos aren't designed for these functions anyway.

How much does it cost to renovate a home?

BTO renovation is more complex than condo renovation. Condos are typically upgraded with newer appliances, new flooring, and an overall refreshed look, while BTOs are remodeled to include more modern features that are not considered necessities for condos. The cost of a BTO renovation varies depending on the size of the property, the scope of the project, and how much work is done during each phase. A condo renovation might cost $10,000 to $30,000, and an average BTO renovation may cost $20,000 to $50,000. A BTO and a condo renovation both involve adding fresh new appliances and installing working plumbing systems. However, there are some key differences between the two types of renovations that you should be aware of before undertaking one.

Which is cheaper, BTO or condo renovation?

A BTO renovation is the process of upgrading the building's systems. A condo renovation is a complete overhaul of an apartment, including changing flooring, electrical, plumbing, appliances, etc. The most expensive part of this renovation would be the new fixtures in the bathroom and kitchen that are not included in any other scope of renovations provided by the city. It is difficult to answer the question, but condo renovations are usually cheaper. Condo renovation is less extensive than BTO renovations because it does not require demolition. More structural changes are needed in condos. The cost difference between BTO and condo renovation is also significant. According to a study conducted by Research Driven Investing, the median price of a BTO renovation was $86,888, while the median price for a condo renovation was $90,000.

Solutions you can take to help save money on your renovation

When it comes to renovating your home, you might want to consider renovating your condo instead of your whole house. This is because condos are more affordable than houses, they're easier to maintain, and they don't require the work that would be required on a larger house. Depending on what you're looking for in a renovation, there are also some ways that you can save money on this type of renovation. BTOs are typically used for large commercial construction projects. A condo renovation is when the developers buy an older building and renovate it. If you are planning to renovate your condo, be sure to check with your local municipality for regulations concerning renovations.

Conclusion

Renovations are always a significant investment for homeowners. The decision to renovate or not is an important one for owners since it can be costly and time-consuming.