Le Toque et Le Verre

Posts Tagged ‘hdb flat’

If you are planning to sell your HDB flat and you want to have as many buyers as you can as well as a high selling price, there is one thing you might want to consider, RENOVATION.

To get you started, there are a couple of things you need to think about. First, understand how the sales price work. Of course you will not want to invest so much on renovation and end up loosing in the end. Try to research how much a renovated house can sell in the market.

Think like a buyer. And what exactly do buyers do? When they go to your house they step inside and look around. Steve Berges author of the book called “101 Cost Effective Ways to Increase the Value of Your Home” formulated guidelines that will leave a very good impression for home buyers once they step in to your place, these includes the following:

1. Spend money on what can be seen vs. what can’t be seen. Depending at your budget, Berger mentioned that you put a higher priority on improvements that can be easily seen because those will you give the best return of investment.

2. Repair up the exterior first, then the interior. Ugly exterior can cause potential buyers to drive away without going inside the house, you should work on those first.

3. Clear up any trash and make sure your HDB flat is clean and good smelling. This is a very simple thing to do. You dont have to invest so much money on this one, but if you neglected it, you can loose potential buyers as well as good deals.

For best results, Berges recommends that you seek the advice of real estate agents who are familiar how the HDB market in Singapore works and who has a very good idea on the optimal renovations that gives the best impact.