As your commercial lease agreement ends, it is almost always required to conduct reinstatement works in Singapore. These works involve restoring the property to its original condition before the next lease term starts. Whether to tackle the task yourself or to bring in a professional can be a challenging decision to make. In this article, we weigh the pros and cons of each approach to help you make an informed decision.
The DIY Approach
Pros
Cost Savings
One of the primary benefits of a DIY approach is the potential for cost savings. Hiring professionals for reinstatement works can be expensive, and some may see this as an opportunity to save.
Control Over the Project
Doing it yourself means you have complete control over the project, including the materials used and the timeline for completion.
Learning Experience
If you have a smaller space and less complicated reinstatement requirements, taking the DIY route can be a valuable learning experience, helping you understand the intricacies involved in property management.
Cons
Time-Consuming
Reinstatement works are often more complex than they initially seem. What you anticipate taking a weekend might stretch into weeks, causing stress and a potential breach of contract with your landlord.
Lack of Expertise
Unless you have a background in construction or interior renovation, there’s a good chance that the final result might not meet the standards expected by the landlord, leading to additional work and costs.
Unforeseen Challenges
Without professional guidance, unforeseen issues, such as electrical faults or plumbing troubles, could complicate the reinstatement works.
Hiring a Professional
Pros
Quality Assurance
A professional contractor brings a wealth of experience and is likely to complete the job to a higher standard, ensuring it meets all requirements in your lease agreement.
Speed and Efficiency
Professionals will complete the project more quickly and efficiently, freeing you to focus on other tasks, such as the move or your ongoing business operations.
Legal Compliance
Professionals are well-versed in the local building codes and regulations, ensuring that the reinstatement works comply with Singapore’s stringent standards.
Cons
Cost
Professional services come with a higher upfront cost. However, consider this against potential penalties for failing to meet the requirements of your lease.
Less Personal Oversight
While you’ll still be involved in the project, the reins are effectively handed over to the contractor, meaning less direct control for you.
Availability
Quality contractors can be booked well in advance, especially in bustling markets like Singapore. You may need to plan far ahead to secure the services of a reputable contractor.
Conclusion
While the DIY route may initially seem more cost-effective, reinstatement work complexity often requires expertise and experience that only a professional can provide. Hiring a professional contractor will likely be the most effective and stress-free approach for most tenants, where compliance with local regulations is crucial. Make sure to weigh the pros and cons carefully, considering the immediate cost and the potential for long-term savings and peace of mind.
