The Florence Residences

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  See All 5 Photos

Sale Price *

Average
S$ 1,730 psf
Range
S$ 1,365 - 2,106 psf

Amenities

3.3
3.3

Convenience

3.7
3.7

Connectivity

Details

No Data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
No Data
Description
The Florence Residences is a leasehold (99 yrs from 2018) apartment. It is developed by FLORENCE DEVELOPMENT PTE LTD. The development occupies a land area of 36,150 sqm. It consists of 1410 units. According to records, buyers of this development are Singaporean 87.5%, PR 11.6%, Foreigner 0.9%, Company 0.0%.

THE FLORENCE RESIDENCES is located along Hougang Avenue 2 in Hougang, in District 19. It is accessible through the nearest MRTs including Kovan NE13 and Hougang NE14. The nearest schools are SERANGOON JUNIOR COLLEGE and HOLY INNOCENTS' PRIMARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,365 psf to S$ 2,106 psf at an average of S$ 1,730 psf. Its highest recorded transaction was S$ 2,106 psf in Jul 2022 for a 527-sqft unit. Its lowest recorded transaction was S$ 1,218 psf in Aug 2019 for a 1,044-sqft unit.

Other nearby amenities include: 3 Childcare Centre(s): LITTLE PADDINGTON PRESCHOOL SERANGOON PTE. LTD., THE SINGAPORE TEACHERS' CO-OP CHILD CARE CENTRE, PAT'S SCHOOLHOUSE PTE LTD, and 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Kindergarten(s): JENIUS Kindergarten, PCF SPARKLETOTS PRESCHOOL @ PAYA LEBAR Blk 23 (KN), PCF SPARKLETOTS PRESCHOOL @ ANG MO KIO-HOUGANG Blk 632 (KN), and 1 Shopping Mall: HEARTLAND MALL.

Buyers and tenants are attracted to District 19, which is comprised of Hougang, Punggol, Sengkang and Serangoon Gardens. These four areas are mostly residential with recreational and commercial amenities. Hougang is the largest HDB town in Singapore based on land area. Private houses can be found in the Lorong Ah Soo and Rosyth areas. Originally comprised of forests and pig-rearing farms, Hougang has evolved into a vibrant residential area with a wide array of amenities. These include a number of shopping malls, Hougang Sports Hall, and a bus interchange with a range of bus services to other parts of Singapore. Punggol is a relatively new residential estate in Singapore's North-East Region. Historically a fishing village resided by Malay settlers, Punggol is now a vibrant mix of residential developments and nature. Residents can leisurely cycle along the 4.2km-long Punggol Waterway or head to Coney Island, a 133ha island popular for jet skiing and camping. Sengkang has experienced rapid development since its early days as a fishing village. It is now a satellite residential town with a well-developed LRT system offering access to different parts of Sengkang. Sengkang also offers a wide array of work and play amenities, with the main shopping mall Compass One being Singapore's first thematic shopping centre based on the theme of learning.

The North-East Region is the second largest and most densely populated of the five regions in Singapore, with Sengkang being its most populous town. Spanning 13,810ha, the North-East Region is mainly a residential region and housing estate largely comprised of HDB flats. In addition to a myriad of amenities including hospitals, parks, schools and transport options, the region is also home to a few tourist attractions such as Pulau Ubin and Coney Island. Seletar Aerospace Park, which comprises of several aviation manufacturing and research facilities by companies such Rolls-Royce and Singapore Technologies Aerospace, provide employment opportunities to residents both within and beyond the region. Sengkang General Hospital, a 1000-bed hospital, is the largest in the region and is built to further the government's efforts to provide quality and accessible healthcare to all Singaporeans.
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What they say
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5
"Located in mature estate with nice amenities around the condo"
J****** T*
Google Review     |   02 Jul 2022
3
"hellloooo dont move here stay where you are now :"
O*******
Google Review     |   03 May 2022
5
"I'm working come fast 2018 now 2022. 4yeah I working here very good place"
M* M********
Google Review     |   22 Apr 2022
5
"Big development with many appealing facilities. Close proximity to Hougang MRT Station"
W***** T**
Google Review     |   11 Mar 2022
1
"Dont really want to post 1-star but the marketing for this condo is bordering on lying. The condo is not close to any MRT at all! At least a 12-min brisk walk to either Hougang or Kovan MRT with no shelter. And it is not located in Kovan estate also. Kovan market is 20 minutes walk away. Sometimes you really wish developers are more honest"
D**** A**
Google Review     |   21 Jan 2022
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Floor Plans
81
1
1

THE FLORENCE RESIDENCES - 81 - 1 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
No Data
Unit Mix
Bedroom Type
1BR
Area
474 - 667 sqft
No. of Units
288
Bedroom Type
2BR
Area
624 - 926 sqft
No. of Units
608
Bedroom Type
3BR
Area
893 - 1281 sqft
No. of Units
386
Bedroom Type
4BR
Area
1270 - 1701 sqft
No. of Units
80
Bedroom Type
5BR
Area
1668 - 1916 sqft
No. of Units
48

Sales Transaction of THE FLORENCE RESIDENCES (Limited to 10)

Unit Search
#
There are 1401 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

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

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

Developer's Sales

Note: Based on developer's monthly submission to URA

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

Price Trends

Volume Trends

No Data
Rental Transactions of THE FLORENCE RESIDENCES
There are 0 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
No Data
Historical Quarterly Rental
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.

Graph Data

Table Data

PeriodRental 25th (S$ psf pm)Median Rental (S$ psf pm)Rental 75th (S$ psf pm)Contacts Signed
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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On SEP 2021
Fortune Park (Enbloc)
Site Use
Residential
Tenure
fh
Plot Ratio
2.1
Site Area (sqm)
4,169
Site GFA (sqm)
8,756
Highest Bid ($M)
115.0
Highest Bid ($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)
1,954

Listings

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thumb-images
8
$1,191,000

    • 1 bed
    • 1 bath
    • Condominium
    • D19
    • Uncompleted
    • 99 years
    • S$ 1,790 psf
    • 667 sqft
    • Hougang Avenue 2
    Jerine Teo
    send_enquiry
    thumb-images
    8
    $1,191,000

      • 1 bed
      • 1 bath
      • Condominium
      • D19
      • Uncompleted
      • 99 years
      • S$ 1,790 psf
      • 667 sqft
      • Hougang Avenue 2
      Colin Choo
      send_enquiry
      thumb-images
      11
      $1,280,000

        • 2 beds
        • 1 bath
        • Condominium
        • D19
        • Uncompleted
        • 99 years
        • S$ 2,020 psf
        • 99 Hougang Avenue 2
        Eugene Ow Boon Teck
        send_enquiry
        thumb-images
        11
        View to Offer

          • 2 beds
          • 2 baths
          • Condominium
          • D19
          • Uncompleted
          • 99 years
          • S$ 1,800 psf
          • 91 Hougang Avenue 2
          Ng Lee Ching
          send_enquiry
          thumb-images
          11
          $1,044,000

            • 1 bed
            • 1 bath
            • Condominium
            • D19
            • Uncompleted
            • 99 years
            • S$ 1,730 psf
            • 81 Hougang Avenue 2
            Max Poh
            send_enquiry
            thumb-images
            11
            View to Offer

              • 2 beds
              • 1 bath
              • Condominium
              • D19
              • Uncompleted
              • 99 years
              • S$ 1,800 psf
              • 718 Hougang Avenue 2
              Yian Wong
              send_enquiry
              thumb-images
              11
              $1,300,000

                • 2 beds
                • 1 bath
                • Condominium
                • D19
                • Uncompleted
                • 99 years
                • S$ 1,700 psf
                • 97 Hougang Avenue 2
                Anthony Lim
                send_enquiry
                thumb-images
                11
                $1,047,000

                  • 1 bed
                  • 1 bath
                  • Condominium
                  • D19
                  • Uncompleted
                  • 99 years
                  • S$ 1,740 psf
                  • 81 Hougang Avenue 2
                  Matthew Xu WeiXiang
                  send_enquiry
                  thumb-images
                  11
                  $1,347,000

                    • 2 beds
                    • 1 bath
                    • Condominium
                    • D19
                    • Uncompleted
                    • 99 years
                    • S$ 1,690 psf
                    • 81 Hougang Avenue 2
                    Matthew Xu WeiXiang
                    send_enquiry
                    thumb-images
                    8
                    $1,191,000

                      • 1 bed
                      • 1 bath
                      • Condominium
                      • D19
                      • Uncompleted
                      • 99 years
                      • S$ 1,790 psf
                      • 667 sqft
                      • Hougang Avenue 2
                      Max Poh
                      send_enquiry

                      View More
                      Property News

                      The Florence Residences hits new high of $2,006 psf

                      Property News

                      December sales at 1,217 units, highest since 2012

                      Property News

                      2020: A year of contrasts

                      Property News

                      November new home sales up by 18.9% m-o-m

                      Property News

                      1,080 private new homes sold in July, highest in 2020

                      FAQs about THE FLORENCE RESIDENCES