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$50,000 Deposit Guarantee
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When you enter a contract with a designer through The Happitat, you are automatically covered by our Deposit Guarantee, which covers your first 10% deposit amount, up to $50,000, protecting you against a designer’s insolvency.
Assuming all criteria for a claim are met:
Contract value: S$120,000
Milestone 1: Payment of 10% made in January 2021 - $12,000
In March 2021, the designer has become insolvent and no renovation was done.
Contract value: S$120,000
Milestone 1: Payment of 10% made in January 2021 -
$12,000
In June 2021, the designer has become insolvent and no renovation was done.
Contract value: S$120,000
Milestone 1: Payment of 10% made in January 2021 - $12,000
In July 2021, the designer has become insolvent and no renovation was done.
Contract value: S$120,000
Milestone 1: Payment of 10% made in January 2021 -
$12,000
March 2021, renovation works has begun
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Once the designer you have decided to engage sent you the final quotation, they will indicate the details of the first 10% payment to The Happitat under their Terms of Payment. We will send you your payment receipt via email, Whatsapp or SMS, once you transfer the payment to us.
Bank transfers can be made to The Happitat Pte Ltd for DBS Bank Ltd account number 0720407342.
Paynow is also accepted as a payment method. Please make payment via Paynow to our Paynow registered proxy, UEN 202110301E, or you may scan the QR code below via your iBanking application.
Email help@thehappitat.com a screenshot of the successful payment transaction, along with your name and mobile number for us to verify your payment.
Currently we only accept bank transfers from local banks.
By paying The Happitat the first 10% deposit, we give you a peace of mind by assuring you the deposit is safe till the designer starts any renovation work for you. You will automatically be covered under the Deposit Guarantee where we protect you and ensure that you will get your first 10% deposit back if the designer goes insolvent.
1) When renovation works has started within 6 months after the first 10% deposit has been made
2) When the first 10% deposit was not paid through The Happitat
3) Termination or breach of Contract initiated by a homeowner
Refer to the full terms and conditions here.
No, this Deposit Guarantee safeguard the 10% deposit that you paid through The Happitat, in case the designer does not start any renovation work and goes insolvent. Any payment directly to the designer will not be covered.
You should follow the milestone payment structure based on the quotation given by the designer and make payment directly to them.
You would be covered under our Deposit Guarantee if you are within the Terms and Conditions to claim back your deposit.
Kindly reach out to help@thehappitat.com for us to assist and advise you.
You will receive a personal login only after you have
submitted a designers shortlist.