Official reference data
Singapore Home Replacement Cost & Contents Planning
A release-controlled reference for the Interest.sg Home & Contents Sum Insured Calculator. It documents the verified landed replacement-cost method, HDB and strata responsibility boundaries, GST treatment and inventory categories without estimating a premium or judging coverage suitability.
Source date: · Last successful check:
GIA landed-property replacement-cost method
| Planning step | Official context | Calculator treatment |
|---|---|---|
| Construction cost | Construction Floor Area (CFA) multiplied by an appropriate unit construction cost | Uses only the floor area and unit reconstruction cost entered by the user; never uses purchase price or market value |
| Building fixtures and fittings | Owner-estimated built-in furniture, fixtures, light and electrical fittings are added to construction cost | Kept inside the landed building calculation and separate from home renovations and movable contents |
| Professional fees | GIA's simplified example assumes 10% of construction plus building fixtures | Starts at the source-controlled 10% assumption and remains visible and editable |
| Demolition and debris removal | GIA's simplified example assumes 5% of construction plus building fixtures | Starts at the source-controlled 5% assumption and remains visible and editable |
| GST | GIA applies GST after construction, fixtures, professional fees and debris removal; IRAS states the current rate is 9% from 1 January 2024 | Applies the release-controlled 9% rate after the listed amounts |
The GIA page shows no publication date. It was live-verified on 4 September 2026; the IRAS GST page was last updated 13 June 2025. GIA calls the worked method a simplified general example and recommends a qualified property valuer or quantity surveyor for a more accurate assessment.
HDB and strata building responsibilities
| Home type | Official context | Calculator treatment |
|---|---|---|
| HDB flat | HDB says its fire scheme covers reinstatement of internal structures, fixtures and areas built and provided by HDB, but not furniture, renovations or personal belongings | Building reconstruction is excluded unless the user separately confirms responsibility and enters a building amount |
| Condominium / strata lot | GIA states strata-titled property damage must be insured by the MCST; BCA regulations show owner improvements or fixtures may be excluded unless notified and any additional premium paid | MCST building cover is never assumed to include owner improvements; building reconstruction is excluded unless responsibility is separately confirmed |
| Tenant | Building responsibility depends on the tenancy and responsible owner or management party | The calculator excludes building reconstruction in tenant mode and estimates only user-entered renovations, contents and belongings |
The HDB page was live-verified on 4 September 2026; its displayed appointed-insurer period runs from 16 August 2024 to 15 August 2029. The BCA regulations date from 2005 and were live-verified on 4 September 2026. Check the actual HDB, MCST, owner, tenancy and policy documents before avoiding or adding any amount.
Inventory categories and privacy boundary
| Included | Kept separate | Not included |
|---|---|---|
| User-entered replacement amounts for furniture, appliances, electronics, clothing, kitchen and household items, personal belongings, renovations, fixtures and optional named categories | Building reconstruction, renovations and fixtures, movable contents, personal belongings and confirmed existing sum insured | Market value, insurer quotes, policy recommendations, product rankings, claim prediction or a judgment that any entered sum is underinsured, overinsured, suitable or unsuitable |
Profile save-back offers aggregate amounts and a review date only. Named inventory categories and item-level possession details are not proposed for the Financial Profile.
Related calculators
Official sources
- GIA — How to Estimate the Property Sum InsuredGeneral Insurance Association of Singapore · verified 2026-09-04
- HDB — Fire Insurance ScopeHousing & Development Board · verified 2026-09-04
- BCA — Building Maintenance (Strata Management) Regulations 2005, Part VBuilding and Construction Authority · verified 2026-09-04
- IRAS — Current GST RatesInland Revenue Authority of Singapore · verified 2026-09-04
Official data can change. Open the sources above to confirm the latest rules before acting; Interest.sg never estimates missing official values.
Suggested citation: Interest.sg, “Singapore Home Replacement Cost & Contents Planning”, source date 2026-09-04, last successful check 4 Sept 2026.