District 9 homeowners spend most on renovations: Qanvast

PropertyGuru

4 February 2015 at 11:00 pm

It is almost impossible to skip renovation plans after getting a new home in Singapore, and Qanvast recently revealed the average spending on a home renovation to help homeowners with their budget.

It showed HDB flat owners spend an average of $56,000 on renovations, while condominium owners spend $80,000 on average in 2014.

Landed homes owners, on the other hand, spend more than twice as much on renovations with an average of $254,000.

Certain districts also tend to spend more on renovations as Qanvast observed. Homeowners of HDB and condo units in District 23 spend an average of $50,000 on renovations, while District 9 property owners spend an average of $129,000.

[caption id="attachment_82781" align="aligncenter" width="514"]

District 9 property owners spend most on renovations: Qanvast

Source: Qanvast[/caption]

Singaporeans preferred dcor theme is Modern at 35.4 percent while the Retro theme is favoured the least at 0.2 percent, according to findings from Qanvas.

Interestingly, areas with a higher count of new flats have a higher preference for Scandinavian and Eclectic dcor themes.

Qanvast is a mobile app which connects homeowners with over 100 interior designers and product merchants in Singapore.

Image source: Qanvast

Muneerah Bee, Senior Journalist at PropertyGuru, wrote this story. To contact her about this or other stories emailmuneerah@propertyguru.com.sg

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