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HomeBuyAll1RMD19 - Hougang / Punggol / Sengkang1 Bed Condo for Sale in The Florence Residences

1 Bed Condo for Sale in The Florence Residences

81 Hougang Avenue 2 538859, Kovan, North-east Region, Singapore

$849,999

Added 2 days ago
CondoFor sale
Beds: 1Baths: 1Area: 484 sqft
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IMAGES GALLERY

Property Details

Property IDFRtCRCN3pdsBmYjSHHWyDf
PriceS$849,999
Property TypeCondo
StatusFor sale
Beds1
Baths1
Built Area484 sqft
PSFS$1,756
Year Built2024
Furnished StatusUnknown

Description

- New Exclusive listing! - Estimated UOB valuation = 920k! - TOP in 2023 - 1 bed 1 bath at 484 sqft - High floor unit! Breezy with nice unblocked views - North-South orientation = No afternoon sun - High Rental Yield of 4%! - Currently tenanted until Dec 2026 TRANSPORT - Near Hougang & Kovan MRT - Bus stop and shuttle bus available MALLS / SUPERMARKET - Short distance to: Heartland Mall / Hougang Mall / Hougang 1 / Serangoon Gardens / NEX SCHOOLS (Within 1KM) - Xinmin Primary - Montfort Junior - Holy Innocents’ Primary Contact Exclusive Agent Brandon at 8099, 0669 for viewings!

Development Information

District & Area

D19 - Hougang

Nearest MRT

Kovan MRT

Tenure

99 years

TOP Date

30 March 2024

Project Size

Large (1410 units)

1410 units

Building Structure

10 Blocks, 18 Floors

Developer

Florence Development Pte. Ltd. (Logan Property (Singapore) Company Pte. Limited)

Unit Configuration
Bedroom Types1, 2, 3, 4, 5 Bedroom
Floor Plan Details

The Florence Residences has a total of 1410 units, from 1 Bed - 1 Bath to 5 Bed - 4 Bath units. There are 116 types of floor plans from 474 sqft to 1,916 sqft.

Site Plan

The Florence Residences has 10 blocks and up to 18 storeys.

Development Facilities
GymHammocksHydrotherapy PoolJacuzziJogging TrackKaraokeLap PoolLibraryPavilionPondReflective PoolSteam RoomYoga Corner

Loading Nearby Amenities...

Features & Amenities
Steam room
Yoga corner
Pond
Gym
Library
Pavilion
Jacuzzi
Hammocks
Hydrotherapy pool
Jogging track
Karaoke
Lap pool

Location

81 Hougang Avenue 2 538859, Kovan, North-east Region, Singapore

Loading map...

Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

338

Average Price

S1.3M

Total Value

S444.8M

Sales Timeline

Calculating fair value from URA transaction data…

Mindy Wong

Mindy Wong

PROPNEX REALTY PTE. LTD.

License: L3008022J

Similar Properties

Above Market· 5.6% above market

Home Report · AVM Fair Value

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

Fair Value

S$804,984

S$1,663 psf

Asking Price

S$849,999

S$1,756 psf

vs Market

+5.6%

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

0%

AI Condition Premium

HELIOS scan of listing description

+4%

Adjusted Fair Value PSF

S$1,663

Recent Comparable Transactions

DateBlock / StreetArea (sqft)PricePSF
2025-08ROBEY CRESCENT517S$795,000S$1,539
2025-08LORONG 1 REALTY PARK1,874S$4,150,000S$2,214
2025-08PARK VILLAS GREEN3,142S$3,600,000S$1,146
2025-08LORONG 1 REALTY PARK4,510S$3,700,000S$820
2025-08LORONG 1 REALTY PARK4,510S$4,018,000S$891

Showing 5 most recent transactions from 2028 total comparables used in valuation.

HELIOS AI-Detected Boosters

high floorunblocked views

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.