A Singapore family that had planned a five-figure renovation ended up facing a bill of S$216,000, and the contractor has gone missing, CNA reported on Friday.
According to CNA, the project's cost grew well past the budget the family had set, eventually reaching the six-figure sum. The contractor could no longer be located after the work, CNA reported.
The case points to the financial risk homeowners carry when renovation spending climbs beyond the agreed scope. CNA's report does not detail how the costs accumulated or how long the project ran.
What to watch next: whether the family takes legal action and whether authorities respond to the missing contractor.