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

1+1 Bed Condo for Sale in The Florence Residences

83 Hougang Avenue 2 538860, Kovan, North-east Region, Singapore

$925,000

Check loan eligibility est. S$ 3,312 / mo

Added 2 months ago

CondoFor sale

Beds: 1Baths: 1Area: 527 sqft

Market Price· Fairly priced

+8View all

Property Details

Property IDGw2zfP5zkzotMVDDB4ZWJG

PriceS$925,000

Property TypeCondo

StatusFor sale

Beds1

Baths1

Built Area527 sqft

PSF

S$1,755

Year Built2023

Furnished StatusFully furnished

Description

Features & Amenities

Hammocks

Karaoke

Library

Yoga corner

Jacuzzi

Gym

Lap pool

Hydrotherapy pool

Steam room

Pavilion

Balcony

Pond

Jogging track

Location

83 Hougang Avenue 2 538860, Kovan, North-east Region, Singapore

Loading map...

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 760 URA transactions · 10 outliers removed (IQR)

Fair Value

S$887,652

S$1,684 psf

Asking Price

S$925,000

S$1,755 psf

vs Market

+4.2%

Market Price

vs Last Done

-1.0%

Market Price

Tenure

96 yrs

99-year Leasehold · Balance remaining

Confidence

High

760 comps

High = 10+ comps

Medium = 5–9 comps

Low = <5 comps

Nearest MRT

Kovan

765m away · +1% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

760 comparable transactions

S$1,761

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.912

MRT Proximity

Within 500m / 1km

+1%

AI Condition Premium

HELIOS scan of listing description

Adjusted Fair Value PSF

S$1,684

Recent Comparable Transactions

10 shown · 760 total

Date	Block / Street	Area	Price	PSF	Tenure
Last DoneAug 2025	HOUGANG AVENUE 2 Floor 11-15	527sqft	S$935,000	▲S$1,773 +5.3% vs FV	99 yrs lease commencing from 2018
Aug 2025	HOUGANG AVENUE 2 Floor 11-15	527sqft	S$935,000	▲S$1,773 +5.3% vs FV	99 yrs lease commencing from 2018
Aug 2025	HOUGANG AVENUE 2 Floor 06-10	926sqft	S$1,818,000	▲S$1,964 +16.6% vs FV	99 yrs lease commencing from 2018
Aug 2025	HOUGANG AVENUE 2 Floor 06-10	635sqft	S$1,100,000	▲S$1,732 +2.9% vs FV	99 yrs lease commencing from 2018
Aug 2025	HOUGANG AVENUE 2 Floor 06-10	936sqft	S$1,550,000	▼S$1,655 -1.7% vs FV	99 yrs lease commencing from 2018
Jul 2025	HOUGANG AVENUE 2 Floor 11-15	990sqft	S$1,980,000	▲S$1,999 +18.7% vs FV	99 yrs lease commencing from 2018
Jul 2025	HOUGANG AVENUE 2 Floor 11-15	893sqft	S$1,770,000	▲S$1,981 +17.6% vs FV	99 yrs lease commencing from 2018
Jul 2025	HOUGANG AVENUE 2 Floor 01-05	667sqft	S$1,208,000	▲S$1,810 +7.5% vs FV	99 yrs lease commencing from 2018
Jul 2025	HOUGANG AVENUE 2 Floor 16-20	667sqft	S$1,302,888	▲S$1,952 +15.9% vs FV	99 yrs lease commencing from 2018
Jul 2025	HOUGANG AVENUE 2 Floor 11-15	484sqft	S$850,000	▲S$1,755 +4.2% vs FV	99 yrs lease commencing from 2018
Jul 2025	HOUGANG AVENUE 2 Floor 01-05	635sqft	S$1,125,000	▲S$1,771 +5.2% vs FV	99 yrs lease commencing from 2018

Last Done

HOUGANG AVENUE 2

Aug 2025 · Floor 11-15

▲S$1,773 psf

+5.3% vs FV

527 sqftS$935,00099 yrs lease commencing from 2018

HOUGANG AVENUE 2

Aug 2025 · Floor 11-15

▲S$1,773 psf

+5.3% vs FV

527 sqftS$935,00099 yrs lease commencing from 2018

HOUGANG AVENUE 2

Aug 2025 · Floor 06-10

▲S$1,964 psf

+16.6% vs FV

926 sqftS$1,818,00099 yrs lease commencing from 2018

HOUGANG AVENUE 2

Aug 2025 · Floor 06-10

▲S$1,732 psf

+2.9% vs FV

635 sqftS$1,100,00099 yrs lease commencing from 2018

HOUGANG AVENUE 2

Aug 2025 · Floor 06-10

▼S$1,655 psf

-1.7% vs FV

936 sqftS$1,550,00099 yrs lease commencing from 2018

HOUGANG AVENUE 2

Jul 2025 · Floor 11-15

▲S$1,999 psf

+18.7% vs FV

990 sqftS$1,980,00099 yrs lease commencing from 2018

HOUGANG AVENUE 2

Jul 2025 · Floor 11-15

▲S$1,981 psf

+17.6% vs FV

893 sqftS$1,770,00099 yrs lease commencing from 2018

HOUGANG AVENUE 2

Jul 2025 · Floor 01-05

▲S$1,810 psf

+7.5% vs FV

667 sqftS$1,208,00099 yrs lease commencing from 2018

HOUGANG AVENUE 2

Jul 2025 · Floor 16-20

▲S$1,952 psf

+15.9% vs FV

667 sqftS$1,302,88899 yrs lease commencing from 2018

HOUGANG AVENUE 2

Jul 2025 · Floor 11-15

▲S$1,755 psf

+4.2% vs FV

484 sqftS$850,00099 yrs lease commencing from 2018

HOUGANG AVENUE 2

Jul 2025 · Floor 01-05

▲S$1,771 psf

+5.2% vs FV

635 sqftS$1,125,00099 yrs lease commencing from 2018

Below Fair Value

Above Fair Value

FV: S$1,684 psf

HELIOS AI Analysis

Based on 760 URA transactions (10 outliers removed), adjusted for: Tenure decay (8.8% discount); MRT Kovan 765m away (+1%)

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

Calculating fair value from URA transaction data…

Troy Lee

License: L3008022J

Disclaimer: The information provided on Listings.sg is for general informational purposes only. While we strive to ensure the accuracy of property listings, they are subject to change. If you notice any inaccuracies, fraudulent activity, or issues with this listing, please report it to our support team.

1+1 Bed Condo for Sale in The Florence Residences

IMAGES GALLERY

Property Details

Description

Location

Mortgage Calculation

Mortgage calculation on 4% interest rate

Sales Timeline

Home Report · AVM Fair Value

Troy Lee

Similar Properties

Home Report · AVM Fair Value