Home Renovation Loan

Quick cash disbursement. Customised packages. Versatile uses.

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GS Credit - Home Renovation Loan

What Is A Home Renovation Loan?

A home renovation loan is specifically used to fund your home remodels and renovations. Most of us might have exhausted most of our savings on the purchase of the property. This is why a home renovation can help to make up for the deficit in funds required to model your dream home. Whether you are renovating your home to make way for your growing family, improve the look and feel of your home, or to simply touch up certain areas of your abode, a home renovation loan might just be what you need. This is why it is essential to choose the right moneylender for your needs. GS Credit has crafted unique home renovation loans with attractive rates and quick disbursements for all your needs.

5 Uses Of A Home Renovation Loan

Personal loans are unsecured loans with no requirements. Those looking for a quick personal loan can apply with us at GS Credit, and we will get back to you within the hour. Quick approval personal loans are essential if you need to:

External works

You may want to arrange a small balcony to enjoy your morning coffee and relax before work. Or, you may need to repair your roof before the next storm hits. We have prepared top solutions for all these issues, with affordable instalments and flexible tenures.

Flooring and tiling

Choose the best types of floors for your home, considering any babies, pets, or elderly living with you. It pays to not settle on cheap, dangerous floors. If such flooring is over your budget, GS Credit will help with personalized home renovation loan packages, affordable rates, and quick cash transfers.

Painting and redecorating

Beautiful and functional living quarters improve your mood, help you unwind, and spark creativity. GS Credit enables you to pass on compromises with an attractive renovation loan package that features attractive and affordable interest rates.

Carpentry works

Smart carpentry works such as built-in cabinets optimize your space so that you have more room for yourself. Optimizing your living area is also crucial if you have babies or elderly relatives in the house. If you wish to avoid accidents, enjoy more space, and have things within reach, a home renovation loan can help.

Electrical and wiring works

Professionals that do top electrical and wiring jobs ensure your safety, while also helping you save on utility bills. It is never a good idea to compromise on your wiring works. This is why you should get a customized, affordable home renovation loan to help with that.

3 Simple Steps

To Receive Your Loan Now!

steps-img Submit our online application form. It only takes 3 minutes!
steps-img Receive your application results from our loan officers within the hour.
steps-img Head down to our office premise, sign the loan contract and receive your loan instantly.
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What our clients say about us


Candy and JJ have been professional in delivery their service. Have always trusted the company.

Siti Hawa

Siti Hawa


The staffs here are really friendly and very approachable, and also really helpful. I was nervous when i was coming here for the first time but the way the staffs treat their customers and care and concern made me feel at ease. Thank you for your great service!

Shiva Ranjani

Shiva Ranjani


Fast and reliable. Thank you

Nabil Jawahir

Nabil Jawahir


Mr JJ Loi try to solve my financial problem when I’m in need, much appreciated to him and also the company to help me out during my hard times.

Zhi Yuan Tee

Zhi Yuan Tee


Friendly and good service, manager JJ is very informative about the loans and has helped me with my financial needs.

Zhi Lin Lolz

Zhi Lin Lolz


One of the best money lender,,they are professional and fast,,understand customer need and clear explanations given,, thanks candy and jj

Sha Ally

Sha Ally

Frequently Asked Questions

Some common questions about GS Credit

What can I use the GS Credit home renovation loan for?

With a home renovation loan from GS Credit, you will be able to cover for:

  • • Electrical and wiring works
  • • Painting and redecorating works (e.g., papering walls)
  • • Flooring and tiling
  • • Structural alteration
  • • Basic bathroom fittings (e.g., bathroom heaters)
  • • External works (e.g., roof / fences)
  • • Carpentry (e.g., built in cabinets / cupboards)
  • • Furniture / electrical appliances

How much can I borrow from a home renovation loan? Is there a borrowing limit?

Up to 6x your monthly income.

What is the average cost of a home renovation cost in Singapore?

This will depend on your type of home. Below is an estimate of how much you can expect to spend on your home renovation:

New flats:

  • • 3-room (60 – 65 sqm): $32,000
  • • 4-room (90 sqm): $42,600
  • • 5-room (110 sqm): $52,100

Resale flats:

  • • 3-room (60 – 65 sqm): $42,600
  • • 4-room (90 sqm): $58,500
  • • 5-room (110 sqm): $65,200

Executive Condominiums:

  • • $20,000 and up

Can I use a home renovation loan to purchase furniture and electrical appliances?

Yes, you can!

Our home renovation is not only used to cover all aspects of your renovation, but can also be used to purchase furniture and appliances to ensure that you have a comfortable and fully functioning home to move into.

I have a poor credit score. Do you provide loans to those with bad credit?

Yes, we do!

At GS Credit, we believe that everyone should have equal access to credit. This is why we do not turn
away borrowers with poor credit.

What kind of loan tenures do you offer?

We offer loan tenures up to 36 months, to ensure comfortable repayment for all our borrowers.

Do you charge any loan upfront fees?

Absolutely not!

We do not charge any upfront fees. If there are instances where additional fees are required, they will
all be made known to you.

What are loan scams? How do you identify them and what are the examples?

Loan scams occur when unlicensed moneylenders offer victims loans through SMSes, calls, texts, or WhatsApp messages.

They may claim to be staff from a licensed financial institution.

Interested parties are then required to transfer a certain deposit to them before the funds can be disbursed into your account. After which, these scammers will then be uncontactable.

They will also ask for your personal information such as your NRIC, SingPass login details, and bank account numbers. Upon doing so, they will use such sensitive information to harass or threaten their victims for payment.

What should I consider before taking up a loan with GS Credit?

Taking up a loan is a form of commitment and requires discipline to ensure that you do not fall behind
your monthly repayments and incur additional fees.

You should:

    • • Ensure that you are clear of all the details on your loan contract before you sign on it. Once you have
      signed the contract, you will be legally obliged to fulfil the loan contract that you have entered into
      with the moneylender.


    • • Evaluate your financial situation to ascertain whether you are able to handle the loan and work out a
      concise plan on how you will be able to afford the monthly repayments.
      Understand that late payment fees and interest will be charged should you fail to make timely


    • • Fully understand the terms & conditions stipulated in the loan contract, especially your repayment
      schedule, interest rate charged and any additional fees applicable.


  • • Look around for a moneylender that suits your needs best and can afford you a comfortable loan tenure
    with manageable monthly repayments.

How do I make payment for my loan?

You can make your loan repayments via GIRO, bank transfer, or visit us at our office.

Reach Us Now


Sometimes it’s nice to talk to a real person. Feel free to contact us during Monday to Saturday, 11.00 am - 8.00 pm, we are always here to help.

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