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HomeBuyCondominiumApartment2RMD19 - Hougang / Punggol / Sengkang2 Bed Apartment (Condo) for Sale in The Florence Residences

2 Bed Apartment (Condo) for Sale in The Florence Residences

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

$1,320,000

Check loan eligibility est. S$ 4,726 / mo
Added 7 months ago
ApartmentFor sale
Beds: 2Baths: 1Area: 764 sqft
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IMAGES GALLERY

Property Details

Property IDUnKM4UZmF3LrQUcvzQ6Uor
PriceS$1,320,000
Property TypeApartment
StatusFor sale
Beds2
Baths1
Built Area764 sqft
PSF
S$1,728
Year Built2024
Furnished StatusUnfurnished

Description

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
Pavilion
High ceiling
Jacuzzi
Library
Hammocks
Hydrotherapy pool
Jogging track
Renovated
Steam room
Yoga corner
Balcony
Karaoke
Gym
Pond
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…

Benson Ting

Benson Ting

PROPNEX REALTY PTE. LTD.

License: L3008022J

+65 8800 xxxx
Get a Free Home Valuation
Find out your property value today

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.

Similar Properties

Market Price· Fairly priced

Home Report · AVM Fair Value

Automated Valuation based on 733 URA transactions · 9 outliers removed (IQR)

Fair Value

S$1.29M

S$1,684 psf

Asking Price

S$1.32M

S$1,728 psf

vs Market

+2.6%

Market Price

vs Last Done

-2.5%

Market Price

Tenure

97 yrs

99-year Leasehold · Balance remaining

Confidence

High

733 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

733 comparable transactions

S$1,762

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.941

MRT Proximity

Within 500m / 1km

+1%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$1,684

Recent Comparable Transactions

10 shown · 733 total
DateBlock / StreetAreaPricePSFTenure
Last DoneAug 2025

HOUGANG AVENUE 2

Floor 11-15

527sqftS$935,000
▲S$1,773
+5.3% vs FV
99 yrs lease commencing from 2018
Aug 2025

HOUGANG AVENUE 2

Floor 11-15

527sqftS$935,000
▲S$1,773
+5.3% vs FV
99 yrs lease commencing from 2018
Aug 2025

HOUGANG AVENUE 2

Floor 06-10

926sqftS$1,818,000
▲S$1,964
+16.6% vs FV
99 yrs lease commencing from 2018
Aug 2025

HOUGANG AVENUE 2

Floor 06-10

635sqftS$1,100,000
▲S$1,732
+2.9% vs FV
99 yrs lease commencing from 2018
Aug 2025

HOUGANG AVENUE 2

Floor 06-10

936sqftS$1,550,000
▼S$1,655
-1.7% vs FV
99 yrs lease commencing from 2018
Jul 2025

HOUGANG AVENUE 2

Floor 11-15

990sqftS$1,980,000
▲S$1,999
+18.7% vs FV
99 yrs lease commencing from 2018
Jul 2025

HOUGANG AVENUE 2

Floor 11-15

893sqftS$1,770,000
▲S$1,981
+17.6% vs FV
99 yrs lease commencing from 2018
Jul 2025

HOUGANG AVENUE 2

Floor 01-05

667sqftS$1,208,000
▲S$1,810
+7.5% vs FV
99 yrs lease commencing from 2018
Jul 2025

HOUGANG AVENUE 2

Floor 16-20

667sqftS$1,302,888
▲S$1,952
+15.9% vs FV
99 yrs lease commencing from 2018
Jul 2025

HOUGANG AVENUE 2

Floor 11-15

484sqftS$850,000
▲S$1,755
+4.2% vs FV
99 yrs lease commencing from 2018
Jul 2025

HOUGANG AVENUE 2

Floor 01-05

635sqftS$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 733 URA transactions (9 outliers removed), adjusted for: Tenure decay (5.9% 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.