Condo data

The Florence Residences

Hougang Avenue 299-year leaseholdURA data to Oct 2026

The development

Type
Apartment
Tenure
99-year leasehold from 2018, about 91 years left
Address
Hougang Avenue 2
District
District 19: Serangoon Gardens, Hougang, Punggol, Sengkang
Market segment
OCR (Outside Central Region)
Deals on record
684 since Oct 2021: 235 new sales, 449 resales and sub sales

Prices at The Florence Residences by unit size

Under 550 sqftS$861,500S$1,745 psf, 22 deals in 12 months
550 to 799 sqftS$1,261,444S$1,898 psf, 40 deals in 12 months
800 to 1,099 sqftS$1,895,628S$2,000 psf, 22 deals in 12 months
1,100 to 1,499 sqftS$2,535,000S$1,966 psf, 5 deals in 12 months
1,500 sqft and upS$3,300,000S$1,978 psf, 5 deals in 12 months

Median price by strata area, in the last 12 months. Bulk purchases of several units are left out.

Launch price vs resale, by year

YearNew sale psfResale psfDeals
2021S$1,716S$1,48863
2022S$1,737S$1,732191
2023-S$1,779105
2024-S$1,772160
2025-S$1,79680
2026-S$1,90485

Resale prices in the last 12 months are 10% above what launch buyers paid per square foot. On a typical 665 sqft unit that is about S$115,000 more, before stamp duty, fees and interest.

Price by floor

FloorMedian psfDeals
01-05S$1,732126
06-10S$1,778165
11-15S$1,855115
16-20S$1,84343

Resales and sub sales since Oct 2021.

Latest transactions

MonthSizeFloorPriceType
Sept 2026936 sqft06-10S$1,820,000
S$1,943 psf		Resale
Sept 2026667 sqft16-20S$1,325,000
S$1,985 psf		Resale
Sept 2026667 sqft11-15S$1,272,000
S$1,906 psf		Resale
Sept 2026667 sqft01-05S$1,230,000
S$1,843 psf		Resale
Sept 2026721 sqft01-05S$1,180,000
S$1,636 psf		Resale
Sept 2026527 sqft11-15S$935,000
S$1,773 psf		Resale
Sept 2026667 sqft06-10S$1,300,000
S$1,948 psf		Resale
Sept 2026667 sqft11-15S$1,313,000
S$1,967 psf		Resale
Sept 2026667 sqft06-10S$1,262,888
S$1,892 psf		Resale
Aug 20261,076 sqft11-15S$2,250,000
S$2,090 psf		Resale
Aug 2026635 sqft06-10S$1,175,000
S$1,850 psf		Resale
Aug 2026721 sqft11-15S$1,490,000
S$2,066 psf		Resale
Aug 2026721 sqft11-15S$1,438,888
S$1,995 psf		Resale
Aug 2026527 sqft01-05S$900,000
S$1,706 psf		Resale
Aug 2026635 sqft01-05S$1,140,000
S$1,795 psf		Resale
Aug 2026990 sqft11-15S$2,120,000
S$2,141 psf		Resale
Jul 2026527 sqft01-05S$868,001
S$1,646 psf		Resale
Jul 2026635 sqft06-10S$1,175,000
S$1,850 psf		Resale
Jul 2026527 sqft11-15S$915,000
S$1,735 psf		Resale
Jul 2026667 sqft11-15S$1,315,000
S$1,970 psf		Resale

Showing the latest 20 of 684 caveats lodged since Oct 2021.

Rent at The Florence Residences

1-bedroomS$2,900a month, median of 98 leases, S$2,500 to S$3,500
2-bedroomS$3,400a month, median of 149 leases, S$3,000 to S$4,500
3-bedroomS$4,390a month, median of 22 leases, S$3,900 to S$5,100
4-bedroomS$6,700a month, median of 3 leases, S$6,600 to S$6,900

The median rent in Q2 2026 was S$5.27 psf a month (the middle half of leases ran S$4.95 to S$5.78). Against the median sale price that is a gross yield of about 3.3% before maintenance, property tax and vacancy.

Rental contracts filed with URA over the last four quarters, and URA's quarterly median rent per square foot.

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What is your unit at The Florence Residences worth?

Tell us your unit size and floor. We'll reply with a valuation range from the latest deals here and in nearby projects, and what a sale would leave you after your loan and CPF refund.

We'll reply on WhatsApp. Your details go only to our agent and are never sold. See our privacy notice.

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Common questions

How much is a unit at The Florence Residences?

Units at The Florence Residences sold for a median S$1,275,500 (S$1,905 psf) in the last 12 months. The most traded size, 550 to 799 sqft, went for a median S$1,261,444, from S$1,125,000 to S$1,490,000. Floor, facing, stack and renovation explain most of the gap.

Have The Florence Residences owners made money?

Buyers at launch paid a median S$1,732 psf. Resales in the last 12 months went for a median S$1,905 psf, a rise of 10%. After stamp duty, agent fees and interest, the real gain is smaller, and it depends on when and at what price each owner bought.

What rent can I get at The Florence Residences?

1-bedroom units rented for a median S$2,900 a month (98 leases); 2-bedroom units rented for a median S$3,400 a month (149 leases); 3-bedroom units rented for a median S$4,390 a month (22 leases); 4-bedroom units rented for a median S$6,700 a month (3 leases), from rental contracts filed with URA between Q4 2025 and Q3 2026.

How many years are left on the lease at The Florence Residences?

The Florence Residences is a 99-year leasehold that started in 2018, so about 91 years are left. Banks and CPF start to limit loans once fewer than 60 years remain.

What is my unit at The Florence Residences worth?

Recent deals at The Florence Residences for the same size and floor band are the best guide. Send us your unit size and floor and we'll reply with a valuation range on WhatsApp.

Condos near The Florence Residences

All condos in District 19 · All districts

Source: URA private residential transactions (caveats lodged from Oct 2021 to Oct 2026) and rental contracts, via the URA Data Service. Not every sale lodges a caveat, so some deals may be missing. Prices are what buyers paid; your unit's value depends on its floor, facing, stack and condition.