Home Buy All 1RM D19 - Hougang / Punggol / Sengkang1 Bed Condo for Sale in The Florence Residences

1 Bed Condo for Sale in The Florence Residences

85 Hougang Avenue 2 538861, Kovan, North-east Region, Singapore

$840,000

Added 4 months ago

CondoFor sale

Beds: 1Baths: 1Area: 484 sqft

Above Market· 8.5% above market

+12View all

Property Details

Property IDW8WmYvG2Quy7qLcgGiiH5o

PriceS$840,000

Property TypeCondo

StatusFor sale

Beds1

Baths1

Built Area484 sqft

PSFS$1,736

Year Built2024

Furnished StatusFully furnished

Description

Features & Amenities

Gym

Jacuzzi

Lap pool

Hydrotherapy pool

Yoga corner

Karaoke

Library

Steam room

Pond

Pavilion

Hammocks

Jogging track

Location

85 Hougang Avenue 2 538861, Kovan, North-east Region, Singapore

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Mortgage Calculation

Price

Tenure (yrs)20 yrs

410203035

Loan (%)75 %

1020406075

Interest (%)4 %

0.1123456

Mortgage calculation on 4% interest rate

S$ 0

Loan Amount (75%)

Downpayment (25%)

S$ 0

/month

Principal

S$ 0

Interest

S$ 0

Total Transactions

338

Average Price

S1.3M

Total Value

S444.8M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 2028 URA transactions · 63 outliers removed (IQR)

Fair Value

S$774,023

S$1,599 psf

Asking Price

S$840,000

S$1,736 psf

vs Market

+8.5%

Above Market

Confidence

High

2028 comps

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

2028 comparable transactions

S$1,599

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×1.000

MRT Proximity

Within 500m / 1km

AI Condition Premium

HELIOS scan of listing description

Adjusted Fair Value PSF

S$1,599

Recent Comparable Transactions

Date	Block / Street	Area (sqft)	Price	PSF
2025-08	ROBEY CRESCENT	517	S$795,000	S$1,539
2025-08	LORONG 1 REALTY PARK	1,874	S$4,150,000	S$2,214
2025-08	PARK VILLAS GREEN	3,142	S$3,600,000	S$1,146
2025-08	LORONG 1 REALTY PARK	4,510	S$3,700,000	S$820
2025-08	LORONG 1 REALTY PARK	4,510	S$4,018,000	S$891