hi everyone,
If we renovate our house, how is the payment made for the contractor?
Pay them stage by stage? any idea?
[WTA] Renovation Payment
[WTA] Renovation Payment
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Dec 25 2007, 01:35 PM, updated 18y ago
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#1
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1,994 posts Joined: Jan 2007 |
hi everyone,
If we renovate our house, how is the payment made for the contractor? Pay them stage by stage? any idea? |
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Dec 25 2007, 02:36 PM
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#2
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9,137 posts Joined: Jun 2007 From: Wouldn't be around much, pls PM other mods. |
Think usually you can always arrange with the contractors.
Some would allow staggered payments/installments. |
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Dec 25 2007, 02:44 PM
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#3
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6,657 posts Joined: Jul 2006 |
pay as per stages when they show u the bill of materials tht they bought for the renovation .
anyway, negotiable, coz sometimes owner not so free to check the bill, will pay downpayment % then followed by full payment or partial payment as time goes by. |
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Dec 25 2007, 03:46 PM
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#4
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4,694 posts Joined: Jan 2005 |
Depending on how well the you know the contractor & vice versa.
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Dec 25 2007, 05:02 PM
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#5
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ic ... meaning we can even pay them by installment?
btw, normally how long it would take for renovation? Let say i only do the wardrobe and kitchen cabinet? how much would it take? p/s: my question will sound dump but i just need a rough figure .. doing some rough calculation ... lol ... thanks all |
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Dec 25 2007, 06:17 PM
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#6
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QUOTE(jootat @ Dec 25 2007, 05:02 PM) ic ... meaning we can even pay them by installment? wardrobe and kitchen you can go furniture shop or specialty shop and they would do for you once you buy the set. Some would also offer installment payment via CC.btw, normally how long it would take for renovation? Let say i only do the wardrobe and kitchen cabinet? how much would it take? p/s: my question will sound dump but i just need a rough figure .. doing some rough calculation ... lol ... thanks all |
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Dec 25 2007, 11:31 PM
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#7
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QUOTE(b00n @ Dec 25 2007, 06:17 PM) wardrobe and kitchen you can go furniture shop or specialty shop and they would do for you once you buy the set. Some would also offer installment payment via CC. if we go those shop ... will it be custom made? i think can also one rite? i m kinda asking a lot of stupid questions ... zzz ... |
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Dec 26 2007, 01:41 AM
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#8
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QUOTE(jootat @ Dec 25 2007, 05:02 PM) ic ... meaning we can even pay them by installment? Depending on how much work you're doing. And whether the unit is vacant.btw, normally how long it would take for renovation? Let say i only do the wardrobe and kitchen cabinet? how much would it take? Kitchen cabinet cost count by ft run. While wardrobe, normal double door type around RM800-1000. If sliding door type RM1500-2000. All price quoted is using ABS. |
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Dec 26 2007, 02:15 AM
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#9
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QUOTE(jootat @ Dec 25 2007, 11:31 PM) if we go those shop ... will it be custom made? i think can also one rite? i m kinda asking a lot of stupid questions ... zzz ... You can design yourself too. Even Ikea has those sort of mix and match concepts. After you have chosen, they would basically come to your house and install.But obviously you need to get your measurements correct. |
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Dec 29 2007, 04:36 PM
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Well accually it also depends on the contractor. Small time contractors will require partial payment or in other words down payment. This is very important for most contractors because customers tends to change their mind often and after installing the stuff not willing to pay.
Therefore most contractors will collect payment by stages to ensure they get their money. Also they will have to pay their suppliers and all. |
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Dec 30 2007, 02:36 PM
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QUOTE(scorgio @ Dec 26 2007, 01:41 AM) Depending on how much work you're doing. And whether the unit is vacant. ohh ... okok ... thanks man ... btw ... what is qouted using ABS?Kitchen cabinet cost count by ft run. While wardrobe, normal double door type around RM800-1000. If sliding door type RM1500-2000. All price quoted is using ABS. QUOTE(philyong @ Dec 29 2007, 04:36 PM) Well accually it also depends on the contractor. Small time contractors will require partial payment or in other words down payment. This is very important for most contractors because customers tends to change their mind often and after installing the stuff not willing to pay. ic ic .... sigh ... donno whether to go ahead with the plan or not ... still considering whether to buy that house. can't decideTherefore most contractors will collect payment by stages to ensure they get their money. Also they will have to pay their suppliers and all. |
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Dec 30 2007, 06:58 PM
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Anyone has any contact of kitchen cabinet contractor with sample workdone? planning to renovate my condo soon...
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Jan 2 2008, 10:34 AM
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1,979 posts Joined: Jan 2003 From: Kuala Lumpur |
Just to share how I paid my contractor, I paid 20% as down-payment and my aunt paid 35% for down-payment. (I paid less for deposit because my renovation cost is substantially less)
After the work is done we settled the full amount and we paid using Credit Card. We also had the walk-in wardrobe and cabinets done by my aunt for her house, by the same contractor and paid using CC. We shopped around to compare prices for cabinet and walk-in wardrobe but had everything done by our contractor for much cheaper. This post has been edited by aaronpang: Jan 2 2008, 10:35 AM |
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Jan 2 2008, 10:51 AM
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1,658 posts Joined: Jul 2006 From: Spion Kop |
One important thingy to take into consideration.
- The price for minor & major renovation works differ even for the same item/work. |
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