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GroundVision Score:
Overall property rating
1
5
10

Layers

THE FLORENCE RESIDENCES

condominium
hougang avenue 2

GV Score

Total score of a project calculated from its individual components.

7/10

About

Name
THE FLORENCE RESIDENCES
Developer
Florence Development Pte. Ltd. (Logan Property (Singapore) Company Pte. Limited)
Lease Type
99-year leasehold
Built Year
2023
Status
completed
Floors
18
Total Units
1410
The Florence Residences is a 99-year leasehold development by Florence Development Pte. Limited (Logan Property), completed in 2023. This large-scale project comprises 1,410 units spread across 9 blocks of 18 storeys each. Unit types range from 1-bedroom to 5-bedroom configurations, catering to various family sizes. Residents enjoy an extensive array of facilities including an 80m lap pool, wellness salt pool, tennis court, bouldering wall, and multiple leisure pavilions. The development features family-friendly amenities like kids' playgrounds and pools, along with lifestyle facilities such as a jamming studio and theatrette. With its comprehensive facilities and strategic location in Hougang, The Florence Residences offers a complete residential package for families.
Swimming PoolGymnasiumBBQ PavilionFunction RoomClubhouse

Location

Country
singapore
Region
north-east region
Planning Area
hougang
Subzone
kovan

Development Profitability

Win Rate
98.1% (355/362)
Median Profit
SGD 201,500 (+19.3%)
Average Holding Years
4.2 years
Timing Score
27.9

PSF Distribution

Current
SGD 1,858
25th percentile
SGD 1,476
50th percentile
SGD 1,575
75th percentile
SGD 1,730

District Profitability

Win Rate
92.9% (14.8K/16K)
Median Profit
SGD 282,000 (+33.0%)
Average Holding Years
7.4 years
Timing Score
46.3

PSF Distribution

Current
SGD 1,584
25th percentile
SGD 728
50th percentile
SGD 900
75th percentile
SGD 1,168

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