Above Market· 26.2% above market
+5View all
IMAGES GALLERY
Property Details
Description
Development Information
District & Area
D19 - Hougang
Nearest MRT
Kovan MRT
Tenure
99 yearsTOP 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
Jacuzzi
Lap pool
Hydrotherapy pool
Karaoke
Pond
Gym
Steam room
Library
Hammocks
Pavilion
Jogging track
Yoga corner
Location
81 Hougang Avenue 2 538859, Kovan, North-east Region, SingaporeLoading 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
Home Report · AVM Fair Value
Automated Valuation based on 2028 URA transactions · 63 outliers removed (IQR)
Fair Value
S$1.20M
S$1,599 psf
Asking Price
S$1.52M
S$2,019 psf
vs Market
+26.2%
Above Market
Confidence
High
2028 comps
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2028 comparable transactions
S$1,599
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.000
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$1,599
Recent Comparable Transactions
| Date | Block / Street | Area (sqft) | Price | PSF |
|---|---|---|---|---|
| 2025-08 | ROBEY CRESCENT | 517 | S$795,000 | S$1,539 |
| 2025-08 | LORONG 1 REALTY PARK | 1,874 | S$4,150,000 | S$2,214 |
| 2025-08 | PARK VILLAS GREEN | 3,142 | S$3,600,000 | S$1,146 |
| 2025-08 | LORONG 1 REALTY PARK | 4,510 | S$3,700,000 | S$820 |
| 2025-08 | LORONG 1 REALTY PARK | 4,510 | S$4,018,000 | S$891 |
Showing 5 most recent transactions from 2028 total comparables used in valuation.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.
Evone Yap
License: L3008022J