{"id":57449,"date":"2023-07-31T17:40:01","date_gmt":"2023-07-31T09:40:01","guid":{"rendered":"http:\/\/wordpress-my-161844363.ap-southeast-1.elb.amazonaws.com\/articles\/?p=57449"},"modified":"2023-08-01T16:56:01","modified_gmt":"2023-08-01T08:56:01","slug":"smart-home-costs","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/smart-home-costs","title":{"rendered":"How Much Will It Cost To \u2018Smarten\u2019 Up Your Home?"},"content":{"rendered":"<p>Mention<span style=\"font-weight: 400;\"> a smart home and you\u2019re probably thinking of Iron Man\u2019s house. Snap your fingers to turn on the lights, TV turns on when you tell it to, and the air conditioning automatically cools the room to your preferred temperature.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In fact, the idea of turning your home into a smart home might have crossed your mind as well. But did you know that a smart home is more than just voice activated appliances? In this article, we\u2019re going to explore what a smart home truly is, and just how much does it cost to turn your house \u2018smart\u2019.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What-is-a-smart-home\"><\/span><b>What is a smart home?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">One thing that not many people know is that the \u2018smart\u2019 in smart home is actually an acronym. It stands for Self Monitoring And Responsive Technology.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What this means is that smart devices are home gadgets that are capable of monitoring their environment and reacting to it. For example, your air conditioning unit knows when you\u2019re home and sets the room temperature to exactly how you like it, or your lights turn on and off at specific times of day.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These devices are also often connected to the internet. Allowing you to control them from your phone or computer even if you\u2019re not around. It\u2019s very useful if you\u2019re the type to wonder if you forgot to turn the fan off before you went out.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What-are-the-advantages-of-a-smart-home\"><\/span><b>What are the advantages of a smart home?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Now that<span style=\"font-weight: 400;\"> we know what a smart home is, what\u2019s so great about it?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Well, here are the advantages of a smart home;<\/span><b><\/b><\/p>\n<ul>\n<li aria-level=\"1\"><b>Convenience<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">As you might already know, a smart home is very convenient. Having the ability to control almost all of your appliances through one device is very helpful, and smart home appliances will also allow you to get notifications from your device regarding any issues with your home.<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Energy efficient<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Most smart home appliances are designed with energy saving features, which makes it more energy efficient than normal appliances.<\/span><b><\/b><\/p>\n<ul>\n<li aria-level=\"1\"><b>Disabled and senior citizen friendly<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">With the convenience that smart home appliances bring, a smart home makes life a lot easier for people with disabilities or senior citizens. Most smart homes appliances are fully automated, which takes a major load off their shoulders.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Are-there-any-disadvantages-to-a-smart-home\"><\/span><b>Are there any disadvantages to a smart home?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Now that we know what are the advantages of smart homes, the question needs to be asked, do smart homes have any disadvantages?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are three major disadvantages of a smart home, which are;<\/span><\/p>\n<h3><b>Security concerns<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Due to the fact that in a smart home, all appliances including security cameras and door locks are controlled by one device and connected by a network, it means that it\u2019s susceptible to cyber attacks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In 2016, an infamous bot named <\/span><a href=\"https:\/\/blog.cloudflare.com\/inside-mirai-the-infamous-iot-botnet-a-retrospective-analysis\/\"><span style=\"font-weight: 400;\">Mirai Bot<\/span><\/a><span style=\"font-weight: 400;\"> gained access to interconnected devices of DVRs, cameras, and routers to bring down a host of major websites through a denial of service attack.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Hackings of home security camera systems are also quite common, so smart home owners might want to keep that in mind and <\/span><a href=\"https:\/\/www.cnet.com\/home\/security\/practical-ways-to-prevent-your-home-security-cameras-from-being-hacked\/\"><span style=\"font-weight: 400;\">protect themselves<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another security concern that you might want to consider is the fact that smart hubs are also listening and recording everything you say.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">True, this might be a feature, as the recordings are intended to help your devices learn your conversational tone to improve voice command functionality, it did land Amazon in a bit of a controversy when users started reporting that their Amazon Echo smart hubs can be heard randomly laughing. Now that\u2019s creepy.<\/span><\/p>\n<h3><b>Complexity<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Smart appliances might sound easy to set up (because they\u2019re supposed to be smart) but nothing could be further from the truth. Unless you\u2019re prepared to buy everything from a single brand, you will find that some devices just won\u2019t work with others.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unless you\u2019re very tech savvy, putting it all together and keeping it all working might be a bigger headache than it\u2019s all worth.<\/span><\/p>\n<h3><b>Cost<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Let\u2019s not sugarcoat things. Converting your house into a smart home will be expensive. It\u2019s a costly affair, and will probably set you back thousands, if not tens of thousands for the full smart home experience.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But just how much will it cost? Let\u2019s have a look.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"So-how-much-does-a-smart-home-cost\"><\/span><b>So how much does a smart home cost?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Now that you\u2019ve learned what a smart home is and its advantages and disadvantages, and you\u2019re still interested in installing a smart home system system in your home, let\u2019s move on to the next question; just how much will it cost?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Before we can answer this question however, there\u2019s one important thing for you to decide on; the ecosystem.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Choosing-an-ecosystem\"><\/span><b>Choosing an ecosystem<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">An ecosystem is the main network in which all your appliances will be connected to. In general, there are four main ecosystems that you should be choosing from; Google Home, Amazon Alexa, Apple Homekit, and Xiaomi.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The idea is that you will be able to control your entire household from a single app. Allowing you to centralise everything and not have to worry about having different systems for every single lightbulb in your house.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is likely to be the biggest challenge you will face when setting up your smart home. So before you start shopping for any device, you should check if your products can be integrated with the ecosystem you\u2019ve chosen.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, don\u2019t worry. Most products from major brands offer integration support with major ecosystems, so you don\u2019t need to worry about pigeonholing yourself into one brand\u2019s products. That said, they have many degrees of integration and some brands may be easier to get working than others.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What-do-you-need-for-a-smart-home\"><\/span><b>What do you need for a smart home?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Here are the appliances that are typically included in a smart home system.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Air-conditioning and heaters<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Wireless home entertainment systems\/smart home hubs<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">CCTVs<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Lighting<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Locks<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Refrigerators<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Robots<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">So let\u2019s have a look at the costs of all these items;<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Wireless-home-entertainment-systemssmart-home-hub\"><\/span><b>Wireless home entertainment systems\/smart home hub<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In a smart home, the wireless home entertainment system often doubles up as the hub for the smart home appliances, like how the Amazon Echo Dot 4 which is powered by the Alexa AI or the Apple Homepod.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to a search on <\/span><a href=\"https:\/\/invol.co\/cljdlje\"><span style=\"font-weight: 400;\">Lazada<\/span><\/a><span style=\"font-weight: 400;\">, one of the most popular smart home hubs, the Amazon Echo Dot 4 will cost anywhere from RM169 &#8211; RM259, depending on if you choose the version with a clock or no clock.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you like Apple products, then I have bad news for you. Apple\u2019s smart home hub, the <a href=\"https:\/\/invl.io\/cljdlk9\">Apple Homepod<\/a> is not officially available in Malaysia. You can get it from a third party seller, and this will cost you around RM1,799 and as you are buying it from a third party retailer, caution is needed.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you don\u2019t fancy using voice commands for your smart home, you can also get a smart display instead, like the Amazon Echo Show.\u00a0<\/span><\/p>\n<h3><b>Air conditioning and heaters<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">In Malaysia, thanks to our weather a heater is largely not needed, so let\u2019s explore just how much a \u2018smart\u2019 air conditioner costs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">From a search in Lazada, the <\/span><a href=\"https:\/\/invol.co\/cljdlfo\"><span style=\"font-weight: 400;\">Hisense R32 Inverter Aircond<\/span><\/a><span style=\"font-weight: 400;\"> will set you back anywhere from RM975 to RM2185. This specific air conditioner allows you to opt in to the app control functionality.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">An alternative to this will be the <\/span><a href=\"https:\/\/invol.co\/cljdldu\"><span style=\"font-weight: 400;\">Daikin Aircond Inverter R32<\/span><\/a><span style=\"font-weight: 400;\">, which also allows you to control your aircon using an app.<\/span><\/p>\n<h3><b>Security cameras<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Another main component of a smart home, the security cameras. As important as the security cameras are, it is one of the <\/span><a href=\"https:\/\/invol.co\/cljdlfu\"><span style=\"font-weight: 400;\">cheaper things<\/span><\/a><span style=\"font-weight: 400;\"> in smart home systems.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A security camera can cost you anywhere from a RM65-RM329.<\/span><\/p>\n<h3><b>Lighting<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">As complicated as a wifi connected lighting can sound, it\u2019s actually as simple as changing the lightbulbs. A wifi capable <\/span><a href=\"https:\/\/invl.io\/cljdlgk\"><span style=\"font-weight: 400;\">lightbulb<\/span><\/a><span style=\"font-weight: 400;\"> can cost you around RM25 to RM45 per lightbulb.\u00a0<\/span><\/p>\n<h3><b>Smart locks<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Perhaps the most important parts of a smart home system, the smart lock is quite expensive in its own right. A very popular and trusted smart lock system, the ULTRALOQ U-Bolt Pro WiFi Smart Door Lock will cost you around RM865 according to <\/span><a href=\"https:\/\/invol.co\/cljdlgw\"><span style=\"font-weight: 400;\">Lazada<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">An alternative to that is the <\/span><a href=\"https:\/\/invl.io\/cljdlh4\"><span style=\"font-weight: 400;\">Novalock NNM 9816 PRO+<\/span><\/a><span style=\"font-weight: 400;\">, however it\u2019s a lot more expensive.<\/span><\/p>\n<h3><b>Refrigerators<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Although a smart refrigerator can sound a bit overkill, why not go all the way right?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A smart wifi capable refrigerator is quite expensive however, such as the <\/span><a href=\"https:\/\/invl.io\/cljdlh9\"><span style=\"font-weight: 400;\">Samsung RS62T5F01B4 660L Family Hub Smart View<\/span><\/a><span style=\"font-weight: 400;\"> costing RM7599.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another alternative to that is the <\/span><a href=\"https:\/\/invl.io\/cljdlhl\"><span style=\"font-weight: 400;\">674L LG Side-by-Side Fridge<\/span><\/a><span style=\"font-weight: 400;\">, which costs you from RM6,499.29 &#8211; RM6,999.38<\/span><\/p>\n<h3><b>Robots<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">And finally, the robots. Most typically, the robots used in a smart home system are the robot vacuums.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For this, the<\/span><a href=\"https:\/\/invl.io\/cljdlhz\"><span style=\"font-weight: 400;\"> Xiaomi Robot Vacuum<\/span><\/a><span style=\"font-weight: 400;\"> is priced at RM879 on Shopee. Another alternative to this is the <\/span><a href=\"https:\/\/shopee.com.my\/Panasonic-X6-PRO-Robot-Vacuum-Cleaner-Vacuum-Mop-TrueDetect-3D-TrueMapping-Technology-dToF-Detection-i.833800656.21250623219?sp_atk=a02e7924-a7aa-4483-a255-dac927aa2df1&amp;xptdk=a02e7924-a7aa-4483-a255-dac927aa2df1\"><span style=\"font-weight: 400;\">Panasonic X6 PRO Robot Vacuum Cleaner<\/span><\/a><span style=\"font-weight: 400;\">, which can cost you around RM599.00 &#8211; RM799.00.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How-about-hiring-an-expert\"><\/span><b>How about hiring an expert?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">But what if you don\u2019t want to go through buying and installing each single component, and want to hire someone to just do it for you? Well the good news is, you can.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The bad news is that it costs significantly more. Depending on the type and brand of systems you choose, you should expect to pay about<\/span><a href=\"https:\/\/www.propertyguru.com.my\/property-guides\/what-is-smart-home-how-to-turn-your-home-into-one-16388\"><span style=\"font-weight: 400;\"> RM6000 just for the installation alone<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So in total how much will it cost to fully make a starter house with three bedrooms and 2 bathrooms a smart home? Here\u2019s a breakdown.<\/span><\/p>\n\n<table id=\"tablepress-1873\" class=\"tablepress tablepress-id-1873\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Product Name<\/th><th class=\"column-2\">Price (RM)<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Amazon Echo Dot 4<\/td><td class=\"column-2\">169<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Daikin Aircond Inverter R32 1.0HP (with installation)<\/td><td class=\"column-2\">1789<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Xiaomi Mi Wireless Outdoor Security Camera<\/td><td class=\"column-2\">359<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">Mi Smart LED Bulb<\/td><td class=\"column-2\">36.90 X 5 = RM184.50<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">ULTRALOQ U-Bolt Pro WiFi Smart Door Lock<\/td><td class=\"column-2\">865<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">Samsung RS62T5F01B4 660L Family Hub<\/td><td class=\"column-2\">7559<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">Xiaomi Robot Vacuum<\/td><td class=\"column-2\">879<\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\"><strong>Total<\/strong><\/td><td class=\"column-2\"><strong>RM11,804.50<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-1873 from cache -->\n<p><i><span style=\"font-weight: 400;\">*Disclaimer, unfortunately LED Smart Tubes are not available in Malaysia, so the smart lights functionality for this house is restricted to only the rooms.<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Sure, the final figure might be a little daunting, but the best thing about a smart home is this; you don\u2019t have to change everything at one go.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you want the full experience, sure go for a smart everything. But if you\u2019re working with a smaller budget, start with the smaller purchases. A smart fridge is nice to have, but not entirely necessary for a home to function.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Should-you-make-the-%E2%80%98smart-move\"><\/span><b>Should you make the \u2018smart\u2019 move?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If you\u2019re thinking about replacing some appliances in your home, then gradually shifting to a smart home system might be the smart option. However, you should also remember that using smart home systems comes with a steep learning curve, so ultimately you will need to take the time to carefully learn the system.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A smart home might be super functional and convenient, but how much does it cost?<\/p>\n","protected":false},"author":51,"featured_media":57489,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[256,218],"tags":[1159,1158],"class_list":["post-57449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle","category-money-management","tag-homeowner","tag-smart-home"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Cost Of A Smart Home<\/title>\n<meta name=\"description\" content=\"The idea of a smart home might sound very convenient and cool as well, but how much will it cost? 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