Planning and Budgeting for Renovation in Malaysia

Renovating your newly bought home may seem exciting. Wanting to furnish it as per your liking and giving your home a little bit of a personality to make it stand out from others. One should consider the renovation cost before starting any renovation work. It is the crucial part in terms of planning for your home renovation. Here, we will give a rough guide on how to plan for your renovation and give an idea on what RM35,000 can get you.

Planning for renovation

The general idea of planning for your renovation is to work out on what you need and having a detailed plan work. This serves as a guideline so that your renovation plans follow a certain schedule.

• Working out on what you need

Understand the outcome you want from your renovation project. Do you want a full-scale renovation? Or renovation in stages? Once it is decided, plan out what is important you and execute it accordingly

• Having a detailed plan

Once the planning stage is done, compile a list of items you wish to have. Having a detailed list with the cost will allow you to track on your spendings and ensure that you don’t blow your budget. Additionally, having a floor plan gives you a rough idea what would fit in your home and the final product.

Budgeting for renovation

There is no set amount when spending on renovation. It can be as high or as low as you want. If you are looking to save some money on your renovation you can survey around for prices and consider buying second hand products.

RM 35,000 would fall in the medium range when it comes to home renovation. We can break it down as follows:

Note that this is just a rough figure on what you can get with the price range. You may allocate more or less based on your preference. It is not a guide on how you should spend on renovation. Be smart and renovate according to your needs!