New exclusive listing! An attractive option for investors looking for stable, low effort rental returns from Day 1. With a 2 years tenancy already in place, this unit delivers immediate income and reduces vacancy risk. Rental proceeds can largely offset on going mortgage and maintenance costs, making it easy to hold. The Florence Residences in District 19 comprises of nine 18-storey blocks, hosting a total of 1410 units. => Immediate rental yield => Strategic location, minutes to reputable schools, shopping malls, expressways and MRT =>Spacious & squarish living and bedroom =>Quality kitchen appliances, sanitary wares and fittings such as Electrolux, Roca, Grohe and Geberit Amenities: Drive - 8 min to Hougang Mall (1.8m) - 8 min to Heartland Mall and Kovan Market (2km) - 12 min to Nex (3.6km) - 12 min to Serangoon Garden (4km) Schools (within 1km) : - 5 min to Xinmin Primary and Secondary School - 5 min to Montfort Junior and Secondary School - 4 min to Holy Innocents' Primary School Transport: Bus Stop 63331/ 63339 at/ opp Blk 615 (0.15km) - Bus Number 25, 55, 112, 132, 854 Bus Stop 63351/ 63359 at/ opp Hougang Swimming Complex (0.29km) - Bus Number 62, 82, 107, 113, 325, 107M MRT - 10 min walk to Hougang MRT (0.85km) - 10 min walk to Kovan MRT (0.82km) - 6 min to future Cross Island Car - 8 min to CTE - 12 min to TPE - 10 min to KPE Contact Angie Chng at 8783.1448 for more information and exclusive viewing appointments.
Loading map...
Total Transactions
338
Average Price
S1.3M
Total Value
S444.8M
Calculating fair value from URA transaction data…


License: L3008899K
Automated Valuation based on 2028 URA transactions · 63 outliers removed (IQR)
Fair Value
S$1.02M
S$1,599 psf
Asking Price
S$1.28M
S$2,016 psf
vs Market
+26.0%
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.