Best Renovation Loans in Singapore 2022 - Goldencredit

A renovation loan is different from a personal loan. The main advantage is that interest rates are usually substantially lower. That's because you'll be made to show proof of home ownership, which will incentivize the bank to give you a better rate. You must usually be either the property owner or the owner's family member. Renovation Loans in Singapore 

For new home dwellers, most homeowners will be excited to renovate to their preferred favorite feel and look. Even without the extravagance, basic renovations are still essential for a home to be habitable, such as installing electrical endpoints, installing bathroom heaters, and actual paintwork.


A quick search on the internet to the latest average spending on renovations for a new BTO flat will cost at least a substantial sum of $40,000 to $60,000 for an HDB resale flat. Unlike the down payment for your home, you cannot use your CPF for renovations.


Hence most homeowners will have to do with the bare minimum or restrict themselves to all areas to cut costs. If you've done the maths and cannot see yourself realistically saving up that sum by the time you collect your keys, then one option is to take up a renovation loan. Approach Golden Credit to find out how we can lend you a hand in building your ideal home.


Contact Us

Address-101 Upper Cross Street, People's Park Centre #01-05F, Singapore 058357


Email Us:- goldencredit@singnet.com.sg

 

Telephone Number:- +65 62241300


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