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HomeRentApartment Whole Unit2RMD19 - Hougang / Punggol / Sengkang2 Bed Apartment (Condo) for Rent in The Florence Residences

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

87 Hougang Avenue 2 538862, Kovan, North-east Region, Singapore

$3,500 /month

Let us match your requirements
Added 7 months ago
Apartment Whole UnitFor rent
Beds: 2Baths: 2Area: 667 sqft
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IMAGES GALLERY

Property Details

Property IDdFUFm4TWUYXifJw74HRaRW
PriceS$3,500
Property TypeApartment Whole Unit
StatusFor rent
Beds2
Baths2
Built Area667 sqft
PSF
S$6
Year Built2024
Furnished StatusFully furnished

Description

Looking for resort-style living in the heart of Hougang? Welcome to The Florence Residences — a stunning 99-year leasehold development by Logan Property. With 1,410 units spread across 9 towers, this condo blends luxury and convenience like no other. You’ll enjoy 128 amazing facilities, from a 80-meter lap pool to karaoke rooms, a gourmet club, and even a sparring ring for boxing enthusiasts. It’s like living in a private country club — every single day. Location-wise, it’s just a short walk to Kovan MRT, near popular schools like Holy Innocents’ and Xinmin Primary, plus quick access to major expressways like the CTE and KPE. Whether you're a family, investor, or young professional, The Florence Residences offers great value, stylish design, and unmatched lifestyle perks in Singapore’s vibrant District 19. Why settle for less when you can live like you're always on vacation? Let me know if you want it tailored for a particular audience — like investors, home buyers, or renters.

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

Location

87 Hougang Avenue 2 538862, Kovan, North-east Region, Singapore

Loading map...

Total Transactions

338

Average Price

S1.3M

Total Value

S444.8M

Sales Timeline

Calculating fair value from URA transaction data…

Sanie Chen

Sanie Chen

PROPNEX REALTY PTE. LTD.

CEA: L3008022J

+65 8900 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

Property Value Estimate

Estimated sale value based on 707 URA transactions · 9 outliers removed (IQR)

Fair Value

S$1.12M

S$1,675 psf

Asking Price

S$3,500

S$6 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

Not applicable

Cannot compare rent to sale psf

Tenure

97 yrs

99-year Leasehold · Balance remaining

Confidence

High

707 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

707 comparable transactions

S$1,763

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$1,675

Recent Comparable Transactions

10 shown · 707 total
DateBlock / StreetAreaPricePSFTenure
Last DoneAug 2025

HOUGANG AVENUE 2

Floor 11-15

527sqftS$935,000
▲S$1,773
+5.9% vs FV
99 yrs lease commencing from 2018
Aug 2025

HOUGANG AVENUE 2

Floor 11-15

527sqftS$935,000
▲S$1,773
+5.9% vs FV
99 yrs lease commencing from 2018
Aug 2025

HOUGANG AVENUE 2

Floor 06-10

926sqftS$1,818,000
▲S$1,964
+17.3% vs FV
99 yrs lease commencing from 2018
Aug 2025

HOUGANG AVENUE 2

Floor 06-10

635sqftS$1,100,000
▲S$1,732
+3.4% vs FV
99 yrs lease commencing from 2018
Aug 2025

HOUGANG AVENUE 2

Floor 06-10

936sqftS$1,550,000
▼S$1,655
-1.2% vs FV
99 yrs lease commencing from 2018
Jul 2025

HOUGANG AVENUE 2

Floor 11-15

990sqftS$1,980,000
▲S$1,999
+19.3% vs FV
99 yrs lease commencing from 2018
Jul 2025

HOUGANG AVENUE 2

Floor 11-15

893sqftS$1,770,000
▲S$1,981
+18.3% vs FV
99 yrs lease commencing from 2018
Jul 2025

HOUGANG AVENUE 2

Floor 01-05

667sqftS$1,208,000
▲S$1,810
+8.1% vs FV
99 yrs lease commencing from 2018
Jul 2025

HOUGANG AVENUE 2

Floor 16-20

667sqftS$1,302,888
▲S$1,952
+16.5% vs FV
99 yrs lease commencing from 2018
Jul 2025

HOUGANG AVENUE 2

Floor 11-15

484sqftS$850,000
▲S$1,755
+4.8% vs FV
99 yrs lease commencing from 2018
Jul 2025

HOUGANG AVENUE 2

Floor 01-05

635sqftS$1,125,000
▲S$1,771
+5.7% vs FV
99 yrs lease commencing from 2018
Last Done

HOUGANG AVENUE 2

Aug 2025 · Floor 11-15

▲S$1,773 psf

+5.9% vs FV

527 sqftS$935,00099 yrs lease commencing from 2018

HOUGANG AVENUE 2

Aug 2025 · Floor 11-15

▲S$1,773 psf

+5.9% vs FV

527 sqftS$935,00099 yrs lease commencing from 2018

HOUGANG AVENUE 2

Aug 2025 · Floor 06-10

▲S$1,964 psf

+17.3% vs FV

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

HOUGANG AVENUE 2

Aug 2025 · Floor 06-10

▲S$1,732 psf

+3.4% vs FV

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

HOUGANG AVENUE 2

Aug 2025 · Floor 06-10

▼S$1,655 psf

-1.2% vs FV

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

HOUGANG AVENUE 2

Jul 2025 · Floor 11-15

▲S$1,999 psf

+19.3% vs FV

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

HOUGANG AVENUE 2

Jul 2025 · Floor 11-15

▲S$1,981 psf

+18.3% vs FV

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

HOUGANG AVENUE 2

Jul 2025 · Floor 01-05

▲S$1,810 psf

+8.1% vs FV

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

HOUGANG AVENUE 2

Jul 2025 · Floor 16-20

▲S$1,952 psf

+16.5% vs FV

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

HOUGANG AVENUE 2

Jul 2025 · Floor 11-15

▲S$1,755 psf

+4.8% vs FV

484 sqftS$850,00099 yrs lease commencing from 2018

HOUGANG AVENUE 2

Jul 2025 · Floor 01-05

▲S$1,771 psf

+5.7% vs FV

635 sqftS$1,125,00099 yrs lease commencing from 2018
Below Fair Value
Above Fair Value
FV: S$1,675 psf

HELIOS AI Analysis

Based on 707 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.