Home Buy Landed Corner Terrace 6RM D19 - Hougang / Punggol / Sengkang6 Bed Corner Terrace (Landed) for Sale in The Florence Residences

6 Bed Corner Terrace (Landed) for Sale in The Florence Residences

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

$7,800,000

Added 4 months ago

Corner TerraceFor sale

Beds: 6Baths: 6Area: 6814 sqft

Good Deal· 32.7% below market

+15View all

Property Details

Property IDjN4oKwjCqEG6Tvm98LYwrc

PriceS$7,800,000

Property TypeCorner Terrace

StatusFor sale

Beds6

Baths6

Built Area6814 sqft

PSF

S$2,223

Year Built2024

Furnished StatusUnknown

Description

Features & Amenities

Jogging track

Lap pool

Pavilion

Karaoke

Hydrotherapy pool

Jacuzzi

Gym

Yoga corner

Library

Pond

Steam room

Hammocks

Location

Hougang Avenue 2, 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 335 URA transactions · 8 outliers removed (IQR)

Fair Value

S$11.60M

S$1,702 psf

Asking Price

S$7.80M

S$2,223 psf

vs Market

-32.7%

Good Deal

vs Last Done

+76.7%

Above Market

Tenure

Freehold

No lease decay

Confidence

High

335 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

335 comparable transactions

S$1,685

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×1.000

MRT Proximity

Within 500m / 1km

+1%

AI Condition Premium

HELIOS scan of listing description

Adjusted Fair Value PSF

S$1,702

Recent Comparable Transactions

10 shown · 335 total

Date	Block / Street	Area	Price	PSF	Tenure
Last DoneAug 2025	RICHARDS PLACE Floor -	3,379sqft	S$4,250,000	▼S$1,258 -26.1% vs FV	Freehold
Aug 2025	RICHARDS PLACE Floor -	3,379sqft	S$4,250,000	▼S$1,258 -26.1% vs FV	Freehold
Aug 2025	RICHARDS PLACE Floor -	3,379sqft	S$4,250,000	▼S$1,258 -26.1% vs FV	Freehold
Aug 2025	SIMON WALK Floor -	1,717sqft	S$4,298,000	▲S$2,503 +47.1% vs FV	Freehold
Jul 2025	RICHARDS PLACE Floor -	2,232sqft	S$4,900,000	▲S$2,195 +29.0% vs FV	Freehold
Jul 2025	RICHARDS PLACE Floor -	2,232sqft	S$4,900,000	▲S$2,195 +29.0% vs FV	Freehold
Jul 2025	TAMPINES ROAD Floor -	3,074sqft	S$5,300,000	▲S$1,724 +1.3% vs FV	Freehold
Jul 2025	TAMPINES ROAD Floor -	3,074sqft	S$5,300,000	▲S$1,724 +1.3% vs FV	Freehold
Jun 2025	GLASGOW ROAD Floor -	4,476sqft	S$6,500,000	▼S$1,452 -14.7% vs FV	999 yrs lease commencing from 1876
Jun 2025	GLASGOW ROAD Floor -	4,789sqft	S$6,500,000	▼S$1,357 -20.3% vs FV	999 yrs lease commencing from 1876
Jun 2025	GLASGOW ROAD Floor -	4,476sqft	S$6,500,000	▼S$1,452 -14.7% vs FV	999 yrs lease commencing from 1876

Last Done

RICHARDS PLACE

Aug 2025 · Floor -

▼S$1,258 psf

-26.1% vs FV

3,379 sqftS$4,250,000Freehold

RICHARDS PLACE

Aug 2025 · Floor -

▼S$1,258 psf

-26.1% vs FV

3,379 sqftS$4,250,000Freehold

RICHARDS PLACE

Aug 2025 · Floor -

▼S$1,258 psf

-26.1% vs FV

3,379 sqftS$4,250,000Freehold

SIMON WALK

Aug 2025 · Floor -

▲S$2,503 psf

+47.1% vs FV

1,717 sqftS$4,298,000Freehold

RICHARDS PLACE

Jul 2025 · Floor -

▲S$2,195 psf

+29.0% vs FV

2,232 sqftS$4,900,000Freehold

RICHARDS PLACE

Jul 2025 · Floor -

▲S$2,195 psf

+29.0% vs FV

2,232 sqftS$4,900,000Freehold

TAMPINES ROAD

Jul 2025 · Floor -

▲S$1,724 psf

+1.3% vs FV

3,074 sqftS$5,300,000Freehold

TAMPINES ROAD

Jul 2025 · Floor -

▲S$1,724 psf

+1.3% vs FV

3,074 sqftS$5,300,000Freehold

GLASGOW ROAD

Jun 2025 · Floor -

▼S$1,452 psf

-14.7% vs FV

4,476 sqftS$6,500,000999 yrs lease commencing from 1876

GLASGOW ROAD

Jun 2025 · Floor -

▼S$1,357 psf

-20.3% vs FV

4,789 sqftS$6,500,000999 yrs lease commencing from 1876

GLASGOW ROAD

Jun 2025 · Floor -

▼S$1,452 psf

-14.7% vs FV

4,476 sqftS$6,500,000999 yrs lease commencing from 1876

Below Fair Value

Above Fair Value

FV: S$1,702 psf

HELIOS AI Analysis

Based on 335 URA transactions (8 outliers removed), adjusted for: 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…

Jenice Tan

6 Bed Corner Terrace (Landed) 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

Jenice Tan

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Home Report · AVM Fair Value