Renovation proposal for the Arte S, Penang

For the Arte S, we are planning to make it to AirBnB (Homestay) business. Since it is 2 room type, the rental will be better compare to the normal Single room hotel rate.

Some quick flashback on the property details:

  • Size= 590 sqft
  • Price RM440,790
  • 2 Bed + 1 Car Park (free)
  • Free 2 Air-con

As such, below is the proposal from one of the ID and renovation contractor.

Renovation proposal 1 Renovation proposal 2 Renovation proposal 3

The renovation cost is about 7.5% of the property purchased price, which is reasonable.

 

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