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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

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

$1,340,000

Check loan eligibility est. S$ 4,798 / mo
Added 3 hours ago
CondoFor sale
Beds: 2Baths: 2Area: 721 sqft
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IMAGES GALLERY

Property Details

Property IDFbHwZwHKh6gZXEPUSn3Mp5
PriceS$1,340,000
Property TypeCondo
StatusFor sale
Beds2
Baths2
Built Area721 sqft
PSF
S$1,859
Year Built2024
Furnished StatusUnknown

Description

Perfect 2 Bedroom 2 Bathroom for Sale! A beautifully renovated 2-bedroom home offering comfort, convenience, and strong connectivity. Enjoy a brilliant layout ideal for singles, couples, or family, with nearby amenities and schooling options enhancing daily ease. - 2 bedroom 2 bathroom - 721 sqft - Good layout - Corner unit - Tastefully renovated Amenities - Heartland Mall MRT Connectivity - Hougang (0.76km) - Kovan (0.80km) Nearby Schools - Xinmin Primary School - Xinmin Secondary School - Montfort Junior School - Montfort Secondary School - Holy Innocents' Primary School - PCF Sparkletots Contact CAPPI LIM at 8228**** to schedule an exclusive viewing!

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

Location

87 Hougang Avenue 2 538862, 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…

Cappi Lim

Cappi Lim

ERA REALTY NETWORK PTE LTD

CEA: L3002382K

+65 8228 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

Above Market· 6.8% above market

Home Report · AVM Fair Value

Automated Valuation based on 733 URA transactions · 9 outliers removed (IQR)

Fair Value

S$1.26M

S$1,741 psf

Asking Price

S$1.34M

S$1,859 psf

vs Market

+6.8%

Above Market

vs Last Done

+4.9%

Market Price

Tenure

97 yrs

99-year Leasehold · Balance remaining

Confidence

High

733 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

733 comparable transactions

S$1,762

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

+4%

Adjusted Fair Value PSF

S$1,741

Recent Comparable Transactions

10 shown · 733 total
DateBlock / StreetAreaPricePSFTenure
Last DoneAug 2025

HOUGANG AVENUE 2

Floor 11-15

527sqftS$935,000
▲S$1,773
+1.8% vs FV
99 yrs lease commencing from 2018
Aug 2025

HOUGANG AVENUE 2

Floor 11-15

527sqftS$935,000
▲S$1,773
+1.8% vs FV
99 yrs lease commencing from 2018
Aug 2025

HOUGANG AVENUE 2

Floor 06-10

926sqftS$1,818,000
▲S$1,964
+12.8% vs FV
99 yrs lease commencing from 2018
Aug 2025

HOUGANG AVENUE 2

Floor 06-10

635sqftS$1,100,000
▼S$1,732
-0.5% vs FV
99 yrs lease commencing from 2018
Aug 2025

HOUGANG AVENUE 2

Floor 06-10

936sqftS$1,550,000
▼S$1,655
-4.9% vs FV
99 yrs lease commencing from 2018
Jul 2025

HOUGANG AVENUE 2

Floor 11-15

990sqftS$1,980,000
▲S$1,999
+14.8% vs FV
99 yrs lease commencing from 2018
Jul 2025

HOUGANG AVENUE 2

Floor 11-15

893sqftS$1,770,000
▲S$1,981
+13.8% vs FV
99 yrs lease commencing from 2018
Jul 2025

HOUGANG AVENUE 2

Floor 01-05

667sqftS$1,208,000
▲S$1,810
+4.0% vs FV
99 yrs lease commencing from 2018
Jul 2025

HOUGANG AVENUE 2

Floor 16-20

667sqftS$1,302,888
▲S$1,952
+12.1% vs FV
99 yrs lease commencing from 2018
Jul 2025

HOUGANG AVENUE 2

Floor 11-15

484sqftS$850,000
▲S$1,755
+0.8% vs FV
99 yrs lease commencing from 2018
Jul 2025

HOUGANG AVENUE 2

Floor 01-05

635sqftS$1,125,000
▲S$1,771
+1.7% vs FV
99 yrs lease commencing from 2018
Last Done

HOUGANG AVENUE 2

Aug 2025 · Floor 11-15

▲S$1,773 psf

+1.8% vs FV

527 sqftS$935,00099 yrs lease commencing from 2018

HOUGANG AVENUE 2

Aug 2025 · Floor 11-15

▲S$1,773 psf

+1.8% vs FV

527 sqftS$935,00099 yrs lease commencing from 2018

HOUGANG AVENUE 2

Aug 2025 · Floor 06-10

▲S$1,964 psf

+12.8% vs FV

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

HOUGANG AVENUE 2

Aug 2025 · Floor 06-10

▼S$1,732 psf

-0.5% vs FV

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

HOUGANG AVENUE 2

Aug 2025 · Floor 06-10

▼S$1,655 psf

-4.9% vs FV

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

HOUGANG AVENUE 2

Jul 2025 · Floor 11-15

▲S$1,999 psf

+14.8% vs FV

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

HOUGANG AVENUE 2

Jul 2025 · Floor 11-15

▲S$1,981 psf

+13.8% vs FV

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

HOUGANG AVENUE 2

Jul 2025 · Floor 01-05

▲S$1,810 psf

+4.0% vs FV

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

HOUGANG AVENUE 2

Jul 2025 · Floor 16-20

▲S$1,952 psf

+12.1% vs FV

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

HOUGANG AVENUE 2

Jul 2025 · Floor 11-15

▲S$1,755 psf

+0.8% vs FV

484 sqftS$850,00099 yrs lease commencing from 2018

HOUGANG AVENUE 2

Jul 2025 · Floor 01-05

▲S$1,771 psf

+1.7% vs FV

635 sqftS$1,125,00099 yrs lease commencing from 2018
Below Fair Value
Above Fair Value
FV: S$1,741 psf

HELIOS AI-Detected Boosters

renovatedcorner unit

HELIOS AI Analysis

Based on 733 URA transactions (9 outliers removed), adjusted for: Tenure decay (5.9% discount); MRT Kovan 765m away (+1%); AI-detected value boosters: renovated, corner unit (+4% condition premium)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.