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A Guide To Modern Luxury Interior Design On Tight Budgets

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The demand for modern luxury interior design is rapidly on the rise amongst Singaporean homeowners who are increasingly looking for ways to transform their living spaces into stunning and sophisticated retreats. But what is modern luxury all about exactly?  

Modern luxury interior design involves the careful planning of your home’s aesthetic to achieve not just extreme comfort, but also designs that please the eye. Modern luxury interior design also draws heavily from your personal taste, down to your choices of decor, materials & more. 

Whether you’re revamping your existing home or moving into a new one, we break down the elements into what makes a modern luxe home and it can be achieved with a tighter budget.

1. Simplicity Meets Elegance

Modern luxury interior design blends contemporary aesthetics with affluence, creating spaces that are not only visually pleasing but also functional and comfortable. Modern luxury in Singapore often leans toward minimalism. 

Clean lines, neutral colour palettes, and open spaces form the canvas for luxurious accents and materials. At Reno Loft we love to pay homage to Singapore’s rich heritage and cultural diversity and incorporate it into our designs. Think Peranakan-inspired tiles, traditional woodwork, or even a touch of Feng Shui.

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Modern luxury interiors place emphasis on spaciousness, elegance, and comfort so there’s barely any room left for clutter! They disturb the clean and sleek lines of a luxe home. We suggest keeping things minimal and focusing on quality over quantity! If your family or spouse has many belongings, it may be time to finally start some spring cleaning. 

2. Building Your Luxury Colour Palette

Colours are essential when it comes to any form of interior design. They hold the power to visually impact your perception of space, influence your mood, and set the ambience. In a modern luxury palette, quintessential neutral colours like black and white, and metallic hues such as brass and rose gold are highly achievable without breaking the bank! 

Personalise your modern luxury colour scheme by choosing 2 to 3 of your preferred modern colours to form your basic colour palette. Next, choose another 1 to 2 luxurious colours to use as accents that flow throughout your home.

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If you’re more ‘low-key’ and prefer the subtleness of quiet luxury, soft muted shades have been recently adopted in the latest modern luxury interior designs too. They promote feelings of serenity and calmness, just like the Scandinavian concepts of hygge.

3. The Trick To Luxury Materials

In modern luxury, the choice of materials are key in achieving the luxury look of your preference (and of course, budget)

Silk, satin and linen are most popular in bedrooms for your ultimate comfort zone. The common living areas command a stronger, more daring approach, where we tend to see the use of natural materials like hardwood, stone, granite, and marble. These materials and fabrics are the go-to choices in modern luxury interior designs as they refine the look of your space. Furniture made from these materials are also timeless.

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Having said that, there are tricks in creating a luxe home without tearing a hole in the wallet. 

If premium materials are out of the question, we shift our approach and concentrate on the accents of your home with alternative materials that give off the same luxury aesthetics. A clever trick is to use subtle geometric motifs in accents such as your cushions, sofas, curtains and feature walls of the living areas. Further accentuate luxury with an outstanding rug of your choice to ground the elements in your living room. 

In the kitchen and dining area, cultured marble and kompacplus provides a clean classy look with the added bonus of being extremely durable and withstanding years of heavy use without showing wear and tear. 

4. Sleek Clean Furniture 

Furniture used in modern luxury interior design usually follows the same rules of minimalism. It usually features sleek and clean lines, often without much intricate details. 

But simplicity should not affect functionality.

Choose simple and functional furniture that fits into your home’s interior design. Purchasing top-of-the-shelf quality furniture is not a must, rather pieces with straight clean designs that fit your interior will get the job done. Many of these can be easily found with reasonable prices and great quality.

Living room 

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In the living room, make good use of the space available to customise the seating areas of your preference. This can range of a combination of armchairs with a fairly sizeable sofa (3 seater or more), or sectional sofas that are separate but make up an overall seating arrangement. Coffee tables are where you’ll be able to apply the luxury materials (mentioned earlier) to exude luxury while also serving as the centrepiece of your living room. A custom built TV console with built-in storage can serve as the entertainment centre while providing you storage space to showcase your personal collection but also keeping things organised.

Dining Area

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Dining tables often feature straight legs with high back dining chairs that are usually plain or upholstered. Modern or contemporary chairs are suitable as well as long as it fits the interior design and complements your colour palette.

Bedroom 

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In luxury bedrooms, headboards are either upholstered or fully built in with some reaching all the way to your ceilings, reminiscent of royalty bedrooms. A bedside table or two frames the sides of your bed, with full-length curtains. To amp up the luxurious look, rugs are commonly placed under the bed area.

5. Statement Lighting Pieces

Homes with modern luxury interior designs are never complete without its own set of grand lighting fixtures. We suggest to steer away from the typical lighting used in Singaporean homes and get unique interesting options.

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Commonly seen are large chandeliers and drop pendants that are straight-lined with elements that cross, join, separate or divide from one another to form an art piece of its own. This is achievable with multiple hanging lights that form a geometric shape that’s often sharp or angular. A popular example is the sputnik chandelier that features multiple light bulbs arms tied to a core. 


Don’t overlook the lighting’s temperature too. As modern luxury interiors are meant for relaxation and indulgence, choose lighting with productive temperatures. Warmer tones create a soothing and welcoming glow while cooler tones produce a more modern and clean feel. Warmer lights are typically preferred but it’s not a strict guideline to adhere to. You can always get a light dimmer to control the intensity and switch things up.

Modern luxury interior design is all about creating comfortable and sophisticated sanctuaries that reflect the homeowners’ tastes. Whether it’s a bolder or quieter luxury, we are committed to building your dream luxe home! With proper decision making and a dash of creativity, a luxurious interior is not too far away.

Build Your Modern Luxury Dream Home Without Breaking The Bank!

If you are looking to build your dream home, then look no further than us! With 10 years of experience under our belts, our designers are here to realise your dream home. 

Start your stress-free renovation journey with Renoloft today.

Head on to Our Portfolios to browse more of our proud work! 

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