Anyone looking at Landed?

[estrangable]

To be honest, you can get a lot done with $100k. When I renovated my semi-D two years ago, I initially budgeted $150k. The place was renovated 10 years ago and it was in a decent shape but exterior wise, it has turned into a mini jungle with a dilapidated jazzui and an overgrown herb garden.

Most of 150k was spent on chopping down all the ~30 trees of varying heights. the tallest were 3 20m royal palm trees, and then retiling close to 2000+ sq feet of exterior space. I also did roof waterproofing, tiling 3 balconies, new aircons, full interior/exterior painting, pool re-grouting, floor polishing.

But once the work actually started, hidden variables popped up and the final bill hit $250k, including solar. Expect the unexpected!

 

[goodchong]

which do u think will appreciate more in the long run?

I considered that, but my agent advised against it. Shops have far fewer transaction records, and residential shoplots still count toward your residential property quota. The ROI is also somewhere between a condo and landed, neither here nor there.

 

[goodchong]

To be honest, you can get a lot done with $100k. When I renovated my semi-D two years ago, I initially budgeted $150k. The place was renovated 10 years ago and it was in a decent shape but exterior wise, it has turned into a mini jungle with a dilapidated jazzui and an overgrown herb garden.

Most of 150k was spent on chopping down all the ~30 trees of varying heights. the tallest were 3 20m royal palm trees, and then retiling close to 2000+ sq feet of exterior space. I also did roof waterproofing, tiling 3 balconies, new aircons, full interior/exterior painting, pool re-grouting, floor polishing.

But once the work actually started, hidden variables popped up and the final bill hit $250k, including solar. Expect the unexpected!

I’m thinking of doing the renovation in phases, to ensure enough saving tide through. What are the non-negotiable items that must be done before moving in?

 

[wj1984]

I’m thinking of doing the renovation in phases, to ensure enough saving tide through. What are the non-negotiable items that must be done before moving in?

waterproofing is the most important i feel. Because water will leak to the lowest point and water damages.

Toilet bowl replacement. Hacking of toilet / kitchen etc & redoing can be done in phases but a lot of people will say it will inconvenience you once you stay in (which is true)

 

[Rxgn]

I think I spend more than 100k on my semi-D early this year. Just redid the tiling on ground floor and 2nd floor balcony. Did a very small outdoor kitchen. Painting. Renovation is hacked the glass partition between living and dining and did a step for open concept. 1 feature wall at entrance and one feature TV wall at living. That is it. did not redo the toilets as they were like a couple of years old and I am renting out the place.

have it been rented out? may i ask what is your target rental amt?

 

[Rxgn]

I’m thinking of doing the renovation in phases, to ensure enough saving tide through. What are the non-negotiable items that must be done before moving in?

i wont do phases.

i will find money by hook or by crook to do a basic reno.

wont do carpentry in non-sleeping rooms
wont hack toilet tiles / paint it over

 

[rlskyline]

I considered that, but my agent advised against it. Shops have far fewer transaction records, and residential shoplots still count toward your residential property quota. The ROI is also somewhere between a condo and landed, neither here nor there.

which area were u considering?
what do u think about the capital appreciation of shophouse?

 

[petetherock]

waterproofing, be it the roof, tiles, toilets etc and electricals are the mainstay for a peaceful stay..
don't scrimp on these, aesthetics are secondary but also a little paint, a little spruce up makes you want to stay for the long term
if you reuse everything, make sure you're happy staring or sitting on a 20 year old toilet bowl, or walking on 20 year old tiles and touching 20 year old switches.. there needs to be a finite bottom line

 

[goodchong]

which area were u considering?
what do u think about the capital appreciation of shophouse?

Depending on your budget, you can’t go wrong with D9, D10 or D15. I also considered D14, D19, D20 and D28, but had to balance budget, accessibility, house size and renovation costs. Some would require another $500K in renovations.

Do find a good agent to advise on your purchase and exit strategy. D10 and D19 have good schools, a larger landed stock and more transactions, which helps with resale liquidity. Also consider road alignment, sewage plans and nearby temples. Unlike condo, two landed on the same street could have a very different psf due to many reasons.

I'm probably the odd one out, choosing D27 for a 2.5-storey semi-d, 5 bedrooms landed near MRT and mall within my limited budget. In my view, D27 and D17 offer good value, houses in those district will still appreciate due to spillover demand from pricier districts, given Singapore's limited landed supply of around 73,000 homes.

As for shophouses, I can't comment much, as there are many considerations, just like landed properties.

 

[Alantkt]

have it been rented out? may i ask what is your target rental amt?

Rented out at around 10k. we found tenant even before Reno was completed.

 

[rlskyline]

I’m thinking of doing the renovation in phases, to ensure enough saving tide through. What are the non-negotiable items that must be done before moving in?

I will never do renovation in phases. better to one shot pain

 

[goodchong]

Mind share eith me with good recommendations for contractors who are experience in maintaining landed properties, thanks

 

[kangshengengrg]

Mind share eith me with good recommendations for contractors who are experience in maintaining landed properties, thanks

Just replying here instead of PM in case it helps others too.

For landed, try to find someone who's strong on the building side and not just ID or carpentry. Usually most surprise costs come from roof leaks, drainage, cracks, old wiring or piping… stuff you only see once they start opening things up.

Also make sure whoever you get comes down to inspect b4 quoting. Landed is v hard to quote properly from photos. And ask if they've done landed b4 bc it's quite diff from condo or HDB work.

If you're doing it in phases, I'd agree with petetherock and settle waterproofing and electrical first. The rest you can do later.

Full disclosure I'm with Kang Sheng Engineering and we do a fair bit of landed repair and maintenance. Happy to come take a look if you want another opinion, but either way just get a few quotes to compare lor.

 

[Naruchan]

What do you all think of the new Luxus hills launch?

 

[jarrettoh]

Hi, any recommendation for movers? Looking for one with transparent yet competitive pricing!