Name: THE FLORENCE RESIDENCES
Brand: THE FLORENCE RESIDENCES
SKU: THE FLORENCE RESIDENCES
Price: 2028-09-15 SGD
Availability: InStock
Rating: 5 (5 reviews)

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The Florence Residences

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Sale Price

Average

S$ 1,678 psf

Range

S$ 1,355 - 1,947 psf

Amenities

3.3

Convenience

3.7

Connectivity

Details

No Data

Note: *Based on transactions in the last 12 months. #Based on the street rental data in the last 12 months, may not be representative.

Description

The Florence Residences is developed by FLORENCE DEVELOPMENT PTE LTD. Occupying a land size of 36,150 sqm. it is a leasehold (99 yrs from 2018) apartment property located at D19 / Hougang.

This development is uncompleted and has 1,410 units.

Based on past property transactions, it is currently sold at a price range of S$ 1,355 - S$ 1,947 for an average of S$ 1,678 psf. Its highest recorded transaction was S$ 1,947 psf in Nov 2021 for a 484-sqft unit and its lowest recorded transaction was S$ 1,218 psf in Aug 2019 for a 1,044-sqft unit. Based on records, buyers of this development are Singaporean 87.6%, PR 11.5%, Foreigner 0.8%, Company 0.1%.

The following are amenities within 500m of The Florence Residences: 3 Childcare Centre(s), THE PRE-SCHOOLERS LEARNING CENTRE PTE LTD, THE SINGAPORE TEACHERS' CO-OP CHILD CARE CENTRE, PAT'S SCHOOLHOUSE PTE LTD. 1 School, SERANGOON JUNIOR COLLEGE.

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Floor Plans

By UnitBy Bed

Block

Floor

Unit Number

THE FLORENCE RESIDENCES - 81 - 1 - 1

Sales Transaction of THE FLORENCE RESIDENCES (Limited to 10)

Source: URA, https://www.edgeprop.sg

Unit Search

ALL SALES TRANSACTION (1286)

PROFITABLE SALES (3)

UNPROFITABLE SALES (6)

ALL ABORTED TRANSACTION (54)

There are 1276 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date	Area(sqft)	Price(S$ psf)	Price (S$)	Type of Sale	Address	Type of Area	Purchaser Address	Source

No Data

1
2
3
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129
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Rental Trends

Source: URA, https://www.edgeprop.sg

Historical Rental Along Hougang Avenue 2

Source: URA, https://www.edgeprop.sg

Month	Street	Type	Lowest Rental (S$ PSF PM)	Rental 25th (S$ PSF PM)	Median Rental (S$ PSF PM)	Rental 75th (S$ PSF PM)	Highest Rental (S$ PSF PM)	Contracts

No Data

Historical Quarterly Rental

Source: URA, https://www.edgeprop.sg

Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.

Source: URA, https://www.edgeprop.sg

Graph Data

Table Data

Period	Rental 25th (S$ psf pm)	Median Rental (S$ psf pm)	Rental 75th (S$ psf pm)	Contacts Signed

No Data

Estimated Unit Size Distribution

Source: URA, https://www.edgeprop.sg

Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.

Source: URA, https://www.edgeprop.sg

Graph Data

Table Data

Unit Size (sqft)	Estimated Units	Percentage of Total

No Data

Unit Mix

Bedroom Type

1BR

Area

474 - 667 sqft

No. of Units

725

Bedroom Type

2BR

Area

603 - 990 sqft

No. of Units

1010

Bedroom Type

3BR

Area

893 - 1281 sqft

No. of Units

749

Bedroom Type

4BR

Area

1270 - 1701 sqft

No. of Units

115

Bedroom Type

5BR

Area

1668 - 1916 sqft

No. of Units

Nearby Land Sales

Status	Street Name	Location	Land Attributes	Estimated Breakeven
Sold On SEP 2021	Fortune Park (Enbloc)		Site Use Residential Tenure fh Site Area (sqm) 4,169 Site GFA (sqm) 8,756 Highest Bid ($M) 115000000 Highest Bid ($PSF) 1140 Number of BIDS -	Land ($M) 115 Construction ($M) 31.1 Land Financing ($M) 10.1 Profesional / Legal / Taxes ($M) 17.5 Marketing / Others ($M) 10.4 Estimated Total Cost ($M) 184.12 Estimated Breakeven ($psf ppr) 1,953.60