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HomeBuyAll2RMD19 - Hougang / Punggol / Sengkang2 Bed Condo for Sale in The Florence Residences

2 Bed Condo for Sale in The Florence Residences

97 Hougang Avenue 2 533753, Kovan, North-east Region, Singapore

$1,200,000

Check loan eligibility est. S$ 4,297 / mo
Added 6 months ago
CondoFor sale
Beds: 2Baths: 1Area: 635 sqft
Property image 1
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IMAGES GALLERY

Property Details

Property IDnxWab9baAAoQNwKMksxkUw
PriceS$1,200,000
Property TypeCondo
StatusFor sale
Beds2
Baths1
Built Area635 sqft
PSF
S$1,890
Year Built2024
Furnished StatusUnknown

Description

Functional layout Bright and airy Pool view Good size balcony Excellent location 10 min to Hougang /Kovan MRT and Mall

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

Location

97 Hougang Avenue 2 533753, 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…

Melvyn Xu

Melvyn Xu

TIE PTE. LTD.

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.

Similar Properties

Above Market· 12.2% above market

Home Report · AVM Fair Value

Automated Valuation based on 760 URA transactions · 10 outliers removed (IQR)

Fair Value

S$1.07M

S$1,684 psf

Asking Price

S$1.20M

S$1,890 psf

vs Market

+12.2%

Above Market

vs Last Done

+6.6%

Above Market

Tenure

97 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)

×0.941

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 · 760 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 760 URA transactions (10 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.