{"id":43043,"date":"2023-09-29T10:00:00","date_gmt":"2023-09-29T02:00:00","guid":{"rendered":"https:\/\/speedhome.com\/blog\/?p=43043"},"modified":"2026-04-28T22:09:37","modified_gmt":"2026-04-28T14:09:37","slug":"fully-furnishing-do-it-yourself-diy-or-renovation-package","status":"publish","type":"post","link":"https:\/\/speedhome.com\/blog\/fully-furnishing-do-it-yourself-diy-or-renovation-package\/","title":{"rendered":"Fully Furnishing: Do-It-Yourself (DIY) or Renovation Package?"},"content":{"rendered":"\n\n\n\n\n\n\n

Having a furnished rental can be a win-win for both the landlord<\/a> and the renter. Think about it. Moving furniture is inconvenient for tenant<\/a>s and may not be an option, particularly for students and expats. On the other hand, with useful furniture or even simple cosmetic ones, the landlord can charge a higher rent and earn at least 10 \u2013 30% more. <\/p>\n\n\n\n

But fully furnishing an apartment takes a lot more effort than you might think, especially if you\u2019re assuming that the developer\u2019s fully furnished package will be move-in ready. If you\u2019re not prepared to properly furnish your unit, any delays will be months of missed rent that you could\u2019ve been making. <\/p>\n\n\n\n

So let\u2019s consider a few things first.

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Your Target Tenant<\/h2>\n\n\n\n

The value of each item is also influenced by a household\u2019s income level. Because you are renting out the property, you are unlikely to know the possible tenant\u2019s decor taste or income level. This means buying high-end furniture will be a big risk for you, because a house with a high rent isn\u2019t going to appeal to the average person. Unless, of course, you\u2019re aiming for high-end and luxury tenants.<\/p>\n\n\n\n

Let\u2019s assume, for the rest of this article, that you\u2019re appealing to regular, mid-ranged tenants who need strictly practical and long-lasting furniture. How can you maximise your return on investment and stay on budget?

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The Range of What You\u2019re Paying For<\/h2>\n\n\n\n

The cost factors to consider when furnishing an apartment includes the furniture footprint, the quality and materials, and the inclusion of appliances.<\/p>\n\n\n\n

To determine your furniture footprint, the first step is to split the apartment into different functional areas \u2013 generally the living room, dining room, bedroom and home office area. These four core areas serve the basic functions of a home. As a summary, the table below shows the range of cost of furnishing an apartment from a studio unit to a three-bedroom home.<\/p>\n\n\n\n

For example, a one-bedroom apartment typically includes a living room, a dining area for two to four people, a bedroom and a small home office. With this, you can come up with a range estimating the cost of furnishing.

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Apartment Types<\/td>Cost Range (RM)<\/td>Included Functional Areas<\/td><\/tr>
Studio Apartment<\/td>RM12\u2019000 – RM20\u2019000<\/td>A studio apartment typically can have a living area, a bedroom and a dining area or workspace. There is usually a kitchen or small dining area that fits a table and two chairs.<\/td><\/tr>
One-Bedroom Apartment<\/td>RM15\u2019000 – RM22\u2019000<\/td>A one-bedroom apartment often is for one person or a couple. It typically Includes a living room, dining room for two, a bedroom, and a small workstation.<\/td><\/tr>
Two-Bedroom Apartment<\/td>RM20\u2019000 – RM30\u2019000<\/td>A typical two-bedroom apartment is usually used by a couple, a young family or two roommates. It typically includes a living room, dining room for four, master bedroom, home office \/ guest bedroom.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

However, most renovation packages from third parties aren\u2019t made for landlords\u2014 they\u2019re made for homeowners who would want to spend the best money for their dream interior. For the purposes of your investment, it might not be the perfect fit.<\/p>\n\n\n\n

Maybe it\u2019s better to do it yourself?

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Spending More Than Money\u2013 Costing You Time<\/h2>\n\n\n\n
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Even beyond the monetary cost of all the furniture, you will have to spend your precious time as a landlord to contact the companies, arrange the deliveries, wait for them to arrive one by one, take out the boxes and assemble them yourself. If you\u2019re familiar or strong enough for DIY work, this can be particularly difficult and time-consuming.<\/p>\n\n\n\n

All of these tasks not only eat into your valuable time but also need a fair deal of patience and organisational skills. There\u2019s unavoidable problems whether you order from a showroom or order online. You need to be ready to make numerous calls, emails, and perhaps even some back-and-forth returns and exchanges if the quality of the delivered items isn\u2019t up to standard. 

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A Package Made by Landlords, For Landlords<\/h2>\n\n\n\n

By combining market knowledge with practical, modular furniture and price tag suitable for your ROI is a renovation package specifically designed for landlords. Everything you need without the bloated renovation of third party packages, while making sure furniture is sourced for quality and delivered within the week. The furniture is also researched for your tenant target market.<\/p>\n\n\n\n

SPEEDRENO\u2019s fully furnished renovation package<\/a> is customisable and available for all bedroom unit types, from studio to three bedroom apartments. We keep prices affordable by sourcing and delivering straight from manufacturers, with no showroom costs and no personal assembly required.
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Package<\/td>Price<\/td><\/tr>
1 Bedroom Unit<\/td>RM4739<\/td><\/tr>
2 Bedroom Unit<\/td>RM8879<\/td><\/tr>
3 Bedroom Unit<\/td>RM11,369<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Learn more about maximising your ROI with our free webinar.<\/p>\n\n\n

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\n\t\t\t\t\tList your units with SPEEDHOME now!<\/strong><\/span>\n\t\t\t\t<\/div>\n\t\t\t<\/a>\n\t\t<\/div><\/div>\n\n\n
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Related guides<\/h2>\n\n\n