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Renovations renovation cost

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hoera75
post May 27 2012, 11:37 AM

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Hi all,

Do you know for the last 2 years how much price increase is it in the market to do renovation, e.g. doing carpentry work for kitchen cabinet & wardrobe, M&E work, etc..
The reason I am asking this is because I have done renovation 2 years ago, now I want to engage ID to do design and build for my new condo. They said that the price has increased A LOT ( they mentioned that 2 years ago with 100k they could do a lot of things, now only basic things).
Would appreciate if someone could give very rough figure on this....:-)

hoera75
post May 28 2012, 08:29 PM

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QUOTE(weikee @ May 27 2012, 12:51 PM)
Nothing is cheap now. What rough figure you need? our currency is weak, and many raw material are traded in international market price sure following market rate.
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Hi weikee,

Rough figure in the sense that suppose you do renovation (mostly carpentry work) 2 years ago, it costs let's say 50K. For the same scope of work, how much will it cost now approximately? Will it be 75K (50% increase), 60K (20% increase)?


 

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