No better year to renovate

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Many Malaysian homes use a combination of ambient, task and accent lighting to create a warm and inviting atmosphere.

Many Malaysian homes use a combination of ambient, task and accent lighting to create a warm and inviting atmosphere.

2025 is here and for homeowners who want to add value to their homes and maybe sell them, this is the year to make it happen. The year has been transformative for Malaysia’s real estate sector with strong demand, innovative developments and supportive economic trends. It is time to pull on those gloves, gather the paintbrushes and most importantly, wear a respiratory mask to protect against inhaling chemicals and hazardous dust from all that scraping and painting. Property beautification will be your biggest project this year.

A fresh lick of paint here, a coating there. Is the front of the home pretty again yet? It might be but what about the interior? Most prospective homebuyers today would probably say no to much older homes. The reasons behind the rejection could be anything from hefty renovation costs due to outdated wiring, piping issues and plumbing problems.

Typical renovation costs

When it comes to home renovations, there is more to it than design and labour. From the types of renovations the homeowner will undertake to the choice of materials, every single decision will come with its individual price tag. 

Real estate investment firm DWG Global shared typical renovation costs of Malaysian homes in their blog. A low-budget renovation can cost anywhere from RM20,000 to RM30,000. A high-budget renovation would cost around RM60,000 and above. However, the average 'srenovation cost in Malaysian households ranges from RM31,000 to RM60,000.

Updating the essentials

Outdated wiring and plumbing are not just eyesores. They pose serious safety hazards. Faulty wiring can increase the risk of electrical fires while old pipes may leak, causing water damage and even contamination. Consider replacing old wiring with modern, energy-efficient options and installing a robust electrical panel. Choosing properly sized wires for high-power appliances enhances efficiency and reduces electricity costs. Conversely, undersized wires increase resistance, leading to excessive heat buildup, energy loss and higher utility bills. Similarly, upgrading plumbing systems with modern materials like polyvinyl chloride (PVC) or copper can improve water flow, reduce leaks and enhance the overall efficiency and longevity of the property. Upgrading these systems is crucial for both safety and increasing property value.

Not only does lighting enhance the aesthetics of a home but it also significantly impacts the vibes and functionality of different spaces. Consider incorporating a mix of natural and artificial lighting. Maximise natural light by installing larger windows or skylights where possible. For artificial lighting, incorporating energy-efficient bulbs or a layered lighting approach gets the job done too. Many Malaysian homes use a combination of ambient, task and accent lighting to create a warm and inviting atmosphere.

Embracing green features

In today's environmentally conscious world, green features are highly sought-after by homebuyers. Installing eco-friendly elements not only enhances the property's value but also reduces its environmental impact. Fortunately, the growing green trend has introduced more green suppliers to the market, offering relatively competitive rates compared to before. That is why this is a great time to consider installing solar panels to harness renewable energy and reduce carbon footprint. Rainwater harvesting systems can be used to collect and utilise rainwater for gardening and other household purposes, further conserving water resources.

Investing in energy-efficient appliances, such as energy-star-rated refrigerators, washing machines and air conditioners, can significantly reduce energy consumption and lower utility bills. Installing high-performance windows and doors with improved insulation can help battle Malaysia’s perpetually blistering summer, further enhancing energy efficiency.   

Transforming the garden

If the property has a garden, it is well known that a well-maintained garden can significantly enhance the curb appeal and overall value of a property. Start by clearing away any debris and weeds. Consider adding a fresh layer of mulch to suppress weeds and retain moisture. Invest in attractive landscaping features, such as colourful flower beds, cute ornamental shrubs and a well-manicured lawn.

If space permits, consider adding a patio or deck for outdoor entertaining. A water feature, such as a small pond or fountain, can lead to cosy and relaxing evenings listening to the water flow. Outdoor lightings make all the difference too, as long as the bugs don’t go crazy around it.

Extensions and makeovers

When homeowners think about adding an extension to their property, they often realise it can boost both space and value. Whether it is a new bedroom, bathroom, home office or a spacious family room, these additions provide not just extra square footage but also make the home more functional. A thoughtfully designed extension can blend nicely with the existing style of the house, creating a cohesive look.

Upgrading the kitchen and bathroom is particularly effective for increasing property value since these are the rooms that everyone uses the most. Simple changes like new countertops, cabinets and appliances in the kitchen, can make a huge difference. In the bathroom, fresh fixtures, stylish tiles and a chic vanity can transform the space. For guys who don't want things chic, maybe something manly?

Exciting exteriors

First impressions hold significant weight and the exterior of a home is usually the first aspect that catches a potential buyer's eye. Therefore, homeowners should prioritise enhancing their home's curb appeal to maximise their chances of drawing the right attention.

The surefire way is to apply a fresh coat of paint to the exterior. Choosing a colour that aligns with current trends or complements the neighbourhood can instantly rejuvenate the property, making it appear more inviting and well-maintained. Malaysian Feng Shui shop World of Feng Shui states that reds, purples, maroons and oranges will enhance asset accumulation luck, so why not?

Additionally, the front door serves as a focal point and updating it with a stylish design or vibrant colour can create a dramatic impact.

Incorporating attractive landscaping elements can further elevate the welcoming vibe of the home. Consider adding a variety of plants, flowers and fat decorative shrubs to the front yard. Utilising seasonal blooms can keep the landscape dynamic throughout the year, while strategically placed planters or decorative rocks can add character and charm.

Moreover, it is essential to possess a balanced and holistic approach when planning renovations. Homeowners should keep in mind the balance between safety, energy efficiency and curb appeal during their updates. This can include ensuring pathways are clear and well-lit for safety, as well as upgrading windows or doors for better energy efficiency, which also enhances the home's value. 

By undertaking these updates and renovations thoughtfully, homeowners not only contribute to increasing their property’s market value but also create a more enjoyable and inviting living space for themselves and their guests. With some careful planning and dedicated effort, transforming a home into a valuable asset can become a rewarding endeavour, benefitting the homeowner for years to come.

This article was first published in Starbiz7.


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