Can I Renovate an Older Flat for Under $50K? Here's What You Need to Know

Renovating an older flat can be a rewarding yet daunting journey. While resale HDB units in mature estates offer more space and charm than newer builds, they also come with age-related challenges: outdated wiring, worn waterproofing, hidden damage and all of it can add up fast.

So, the big question is: Can you renovate an older flat for under $50,000?The short answer: Yes but only with strategic planning, clear priorities, and the right renovation partner.

Understand What You're Really Paying For

When renovating a flat that’s 20–40 years old, you’re not just updating the design, you’re often fixing what’s hidden beneath. This includes:

• Outdated electrical systems that need rewiring for modern appliances

• Aged plumbing with rusty or corroded pipes

• Worn waterproofing in bathrooms and kitchens

• Structural repairs, including fixing spalling concrete or window replacements

These essentials form the backbone of your renovation and skipping them just to save costs may result in bigger bills down the road.

The Essentials That Can Be Done Within a $50K Budget

Here’s what you can reasonably expect to achieve under $50,000 if your unit is in decent condition and you prioritise the right areas

1. Electrical and Plumbing Overhaul (if partial):

A partial rewiring for a 3- to 4-room flat can range from $3,000–$5,000. If your current setup isn’t showing signs of stress (burnt sockets, tripping, etc.), a smaller upgrade may suffice.

2. Bathroom Renovation:

A full makeover of one bathroom: including waterproofing, tiling, and fittings. It can range between $8,000–$12,000. You may choose to renovate just the master or common toilet first, instead of both.

3. New Kitchen Cabinets and Countertops:

Opt for modular designs and efficient layout planning. A modest kitchen renovation typically falls between $10,000–$15,000.

4. Flooring Updates:

Overlaying vinyl flooring instead of hacking tiles is a cost-effective way to refresh the flat’s appearance, costing as little as $6,000–$8,000 for a whole unit.

5. Basic Carpentry and Wardrobes:

Avoid full-height built-ins or custom pieces in every room. Instead, focus on key areas like the TV console, wardrobes, or a kitchen bar counter.

6. Smart Design Choices:

Your interior design partner should help you identify where to splurge and where to save like opting for wall paint instead of wallpaper, or using open shelving over expensive carpentry.

What to Skip (For Now) if You're Budget-Conscious

To stay within budget, consider postponing the following:

• Full hacking of walls: Requires permits and often Professional Engineer (PE) checks.

• Window replacements: These can cost $5,000 or more and require strict HDB compliance.

• High-end materials: Marble, quartz, or premium tiles will quickly stretch your budget.

• Extensive false ceilings or LED strip lighting: Stylish but not essential.

By focusing on what matters most - safety, function, and durability. You can keep your renovation affordable without compromising on quality.

Budget Buffer & Permits

Always factor in an additional 10–20% buffer for unexpected issues like pest infestation, waterproofing failures, or hidden leaks.

Also, don’t overlook renovation permits, haulage, and disposal fees. These costs may seem minor individually, but they add up fast.

The Secret? Work With the Right Interior Design Partner

The truth is, many homeowners go over budget not because they’re careless but because they’re unaware of what’s hidden behind the walls. A good renovation firm will guide you through every step of the process:

• Conducting a site inspection before demolition

• Recommending cost-saving materials without compromising safety

• Offering flexible resale renovation package options tailored to your flat’s condition

Renovating an Old Flat? Let’s Make It Count.

At Hamid and Sons Interior, we’ve helped thousands of homeowners transform ageing flats into warm, functional spaces with realistic budgets and solid craftsmanship.

With over 50,000 successful projects since 1980, our team of designers, project managers, and skilled contractors understands the unique demands of renovating older properties in Singapore.

Whether your budget is $30K or $50K, we’re here to maximise every dollar.

Get in touch with Hamid and Sons Interior today to discover how our customised resale renovation packages can help you create a home that’s not only beautiful, but built to last.