Home Rent Condo Whole Unit 2RM D19 - Hougang / Punggol / Sengkang2 Bed Condo for Rent in The Florence Residences

2 Bed Condo for Rent in The Florence Residences

93 Hougang Avenue 2 538865, Kovan, North-east Region, Singapore

$3,399 /month

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Added 4 months ago

Condo Whole UnitFor rent

Beds: 2Baths: 1Area: 624 sqft

Market Price· Fairly priced

+6View all

Property Details

Property ID9DuBPgpYhAcPVwBsRJMQds

PriceS$3,399

Property TypeCondo Whole Unit

StatusFor rent

Beds2

Baths1

Built Area624 sqft

PSF

S$6

Year Built2024

Furnished StatusUnknown

Description

Features & Amenities

Karaoke

Hammocks

Gym

Lap pool

Yoga corner

Library

Steam room

Pavilion

Hydrotherapy pool

Jacuzzi

Pond

Jogging track

Location

93 Hougang Avenue 2 538865, Kovan, North-east Region, Singapore

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Total Transactions

338

Average Price

S1.3M

Total Value

S444.8M

Sales Timeline

Property Value Estimate

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

Fair Value

S$1.05M

S$1,675 psf

Asking Price

S$3,399

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

Adjusted Fair Value PSF

S$1,675

Recent Comparable Transactions

10 shown · 707 total

Date	Block / Street	Area	Price	PSF	Tenure
Last DoneAug 2025	HOUGANG AVENUE 2 Floor 11-15	527sqft	S$935,000	▲S$1,773 +5.9% vs FV	99 yrs lease commencing from 2018
Aug 2025	HOUGANG AVENUE 2 Floor 11-15	527sqft	S$935,000	▲S$1,773 +5.9% vs FV	99 yrs lease commencing from 2018
Aug 2025	HOUGANG AVENUE 2 Floor 06-10	926sqft	S$1,818,000	▲S$1,964 +17.3% vs FV	99 yrs lease commencing from 2018
Aug 2025	HOUGANG AVENUE 2 Floor 06-10	635sqft	S$1,100,000	▲S$1,732 +3.4% vs FV	99 yrs lease commencing from 2018
Aug 2025	HOUGANG AVENUE 2 Floor 06-10	936sqft	S$1,550,000	▼S$1,655 -1.2% vs FV	99 yrs lease commencing from 2018
Jul 2025	HOUGANG AVENUE 2 Floor 11-15	990sqft	S$1,980,000	▲S$1,999 +19.3% vs FV	99 yrs lease commencing from 2018
Jul 2025	HOUGANG AVENUE 2 Floor 11-15	893sqft	S$1,770,000	▲S$1,981 +18.3% vs FV	99 yrs lease commencing from 2018
Jul 2025	HOUGANG AVENUE 2 Floor 01-05	667sqft	S$1,208,000	▲S$1,810 +8.1% vs FV	99 yrs lease commencing from 2018
Jul 2025	HOUGANG AVENUE 2 Floor 16-20	667sqft	S$1,302,888	▲S$1,952 +16.5% vs FV	99 yrs lease commencing from 2018
Jul 2025	HOUGANG AVENUE 2 Floor 11-15	484sqft	S$850,000	▲S$1,755 +4.8% vs FV	99 yrs lease commencing from 2018
Jul 2025	HOUGANG AVENUE 2 Floor 01-05	635sqft	S$1,125,000	▲S$1,771 +5.7% 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.

Calculating fair value from URA transaction data…

Shaun Chu

CEA: L3008022J

+65 8946 xxxx

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Similar Properties

Date

Block / Street

Area

Price

PSF

Tenure

Last DoneAug 2025

HOUGANG AVENUE 2

Floor 11-15

527sqft

S$935,000

▲S$1,773

+5.9% vs FV

99 yrs lease commencing from 2018

Aug 2025

HOUGANG AVENUE 2

Floor 11-15

527sqft

S$935,000

▲S$1,773

+5.9% vs FV

99 yrs lease commencing from 2018

Aug 2025

HOUGANG AVENUE 2

Floor 06-10

926sqft

S$1,818,000

▲S$1,964

+17.3% vs FV

99 yrs lease commencing from 2018

Aug 2025

HOUGANG AVENUE 2

Floor 06-10

635sqft

S$1,100,000

▲S$1,732

+3.4% vs FV

99 yrs lease commencing from 2018

Aug 2025

HOUGANG AVENUE 2

Floor 06-10

936sqft

S$1,550,000

▼S$1,655

-1.2% vs FV

99 yrs lease commencing from 2018

Jul 2025

HOUGANG AVENUE 2

Floor 11-15

990sqft

S$1,980,000

▲S$1,999

+19.3% vs FV

99 yrs lease commencing from 2018

Jul 2025

HOUGANG AVENUE 2

Floor 11-15

893sqft

S$1,770,000

▲S$1,981

+18.3% vs FV

99 yrs lease commencing from 2018

Jul 2025

HOUGANG AVENUE 2

Floor 01-05

667sqft

S$1,208,000

▲S$1,810

+8.1% vs FV

99 yrs lease commencing from 2018

Jul 2025

HOUGANG AVENUE 2

Floor 16-20

667sqft

S$1,302,888

▲S$1,952

+16.5% vs FV

99 yrs lease commencing from 2018

Jul 2025

HOUGANG AVENUE 2

Floor 11-15

484sqft

S$850,000

▲S$1,755

+4.8% vs FV

99 yrs lease commencing from 2018

Jul 2025

HOUGANG AVENUE 2

Floor 01-05

635sqft

S$1,125,000

▲S$1,771

+5.7% vs FV

99 yrs lease commencing from 2018

2 Bed Condo for Rent in The Florence Residences

IMAGES GALLERY

Property Details

Description

Location

Sales Timeline

Property Value Estimate

Shaun Chu

Similar Properties

Property Value Estimate