There are about four to five banks in Singapore that provide loans for renovation projects. However, if you choose to avail Livspace services for your kitchen renovation, we have a tie-up with Maybank, which provides a 0% interest-free loan. This could be especially helpful in determining how much you can afford to spend for your kitchen renovation cost. Minor updates shouldn’t be confused with major kitchen upgrades, which can involve replacing all appliances, the sink, the countertops, the flooring and vents and adding an island. Such major overhauls can cost up to six figures for some upscale kitchens, says Peter Grabel, managing director of Luxury Mortgage Corp. in Stamford, Conn. Whether you choose a DIY kitchen remodel or opt to bring in the professionals, there are always modernize cabinets ways to save on a kitchen renovation. Enlist family and friends to help with demo or installation to avoid labor costs. Look for product rebates on everything from flooring to appliances.