With the Singapore property resale market booming and HDB resale prices at its highest since 2010, many sellers would be thinking of ways to improve the resale value, fetch a higher price and also increase buyers’ interest.
In today’s article, we look at 5 tips on how to do just that!
Tip 1 - Embracing a smart home
Smart homes are all the rage nowadays.
Many developers of new launch projects are touting their condos as smart homes and it is little wonder that a smart home will increase buyer interest and add more value when you are selling your home.
Can you just imagine buying a home that unlocks automatically when you reach the front door, with the air conditioning switched on to your preferred temperature?
That is what a smart home is all about.
A smart home that comes equipped with smart devices connected to the internet and allows you to control them remotely definitely adds to the resale value.
Other smart devices that will attract buyer interest include smart security cameras, doorbells and locks.
Tip 2 - Better efficiency home
Another way to improve resale value is to have an energy-efficient home.
The Singapore government has a plan to transform the country into a greener and more sustainable one by 2030 and we can all play our part.
When renovating your home in anticipation of home selling, you can install energy-efficient switches, LED lights, appliances and air-conditioners with smart thermostats etc. They not only are cool and hip but they also look good and save you a ton of money in energy bills.
Having a smart with energy-efficient appliances definitely make your unit more appealing to potential home buyers and increase resale value.
Tip 3 - Redo the kitchen
Most people go house hunting as a couple or family and the best way to attract buyer interest is to have a beautiful kitchen.
Make sure that the kitchen is neat, oil and odour free and bright. Nobody likes a dark mouldy kitchen that smells of stale oil.
Invest in the latest energy-efficient appliances such as refrigerators, dishwashers and stoves.
Not only do they come in stylish designs and they add a touch of class to the overall look and feel, but they also save you money.
Tip 4 - Keep all bathrooms clean
The second most important part of the house after the kitchen is the bathrooms.
Everyone wants a clean and hygienic bathroom and not one with a slimy floor, stained walls and a cracked shower screen.
Be sure to ensure that the bathrooms in the unit you are selling have none of the above-mentioned.
Give the wall a fresh coat of off-white paint as white is always fresh and clean. Ensure that there are no leaking taps and showerheads and the toilet flush working.
Tip 5 - Don't forget to declutter
Lastly, declutter your home!
You cannot have enough space in Singapore and decluttering will create a sense of spaciousness.
Decluttering helps you get rid of unwanted stuff and it will also make it easier when you pack and move into your new home. Decluttering also allows more light into the unit, making it bright and breezy, which is always more appealing to potential home buyers.
For more property news, resources and useful content like this article, check out Mogul.sg blog here.
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