The Floravale
Westwood Avenue · District 22 · Outside Central Region (OCR) · 99 yrs lease commencing from 1997
The Floravale is an executive condominium development in District 22 (OCR). Based on 122 URA-recorded transactions from 2021–2026, its median price is $1,264,400, with prices moving about 8.2%/yr.
The verdict · for an investor
The Floravale · Executive Condominium · District 22 · Leasehold
On balance, The Floravale points up.
Strong track record, sitting inside Jurong Lake District — the fundamentals buyers pay up for are here.
Why it's pushing up
What matters most for you
- Convenient — MRT about 24 min on foot; 2 supermarkets, 1 food & retail spot nearby.
- Rentable — steady rental demand; schools nearby keep tenants coming.
And what makes it better
- Every unit type has risen — 4-bed +48.3%, 5-bed +27.6% since 2021.
- A Primary-1 priority school within 1km — a real family draw.
- Inside Jurong Lake District — a government-committed long-term catalyst.
What's holding it back
- Leasehold, ~70 years left — the lease clock weighs on price and financing the older it gets.
- Its recent +8.2%/yr rode a hot cycle — don't bank on that pace repeating.
- MRT is a real walk — Pioneer MRT, about 24 min.
Should I buy?
If you'll hold 5+ years and don't overpay.
Rental yield
no rent record yet
Priced vs nearby
priced under the walkable neighbours.
Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.
Pick your exact unit — then check your price
Your unit’s exact size
Every real size that has sold here (URA caveats). Pick yours — or the closest.
What 1,324 sqft (4-bed) units go for here
The price they’re asking
Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.
Recent 1,324 sqft sales
What it rents for — and if that works
The rent you’d get
The price to fight for — and the endgame
No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.
If you’re buying
≤ $1.45M
Aim at the middle or below. A patient buyer has been getting closer to $1.40M.
If you’re selling
~$1.51M
List at the top of fair; realistic close is $1.45M–$1.47M unless it’s a high floor.
Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.
The reality check — does the gain even make sense?
Our blunt read: ~$1.74M over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~8.2%/yr), and past pace never promises the future.
Built from URA transactions for The Floravale — an opinion to decide and negotiate with, never a valuation and never financial advice.
If you’re buying — the outlook
The Floravale
Outside Central Region (OCR) · District 22 · ~$1,110 psf
Prices are near the top of the cycle, and the government is still cooling it — but cheap loans and steady immigration are holding them up. For The Floravale, its own prices have been flat lately. Over a 4-year hold, expect sideways-to-modest — not a big jump.
On balance, the wind is leaning to your favour.
What it means for you: At ~$1,110 psf, The Floravale is priced below similar new projects nearby — good value against its peers. Its own prices are still climbing (~8.2%/yr over ~5 years). You'd also be buying near the top of the cycle, so entry price matters. So — negotiate, don't overpay, and plan to hold past the 4-year stamp-duty window before selling.
The signals behind it
Dots show how much weight each one carries.
Holds prices back
Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.
About neutral
The Floravale's own prices have gone flat over the latest year.
Holds prices back
The suburbs (OCR) grew fastest since 2004 — a lot of that gain is already in, so there's more risk it cools from here.
Holds prices back
The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.
Supports prices
Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.
Supports prices
Against salaries, prices aren't expensive by past standards — people can still afford to buy.
Supports prices
Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.
About neutral
A moderate amount of new supply is coming to this district (~1,684 units).
Supports prices
New launches in this district are selling well — 3 recent ones are around 98% sold, so buyer demand here is healthy right now.
Holds prices back · small effect
The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.
About neutral · small effect
Foreign buyers are almost gone since the 60% tax (~1.4% of buyers), but the suburbs never leaned on them — so it barely affects you here.
About neutral
Rents across Singapore have flattened out lately.
Supports prices · small effect
There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.
Supports prices · small effect
The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.
Supports prices · small effect
Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.
Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.
How far could it go — and when?
Is the price high? ~$1,110 psf is ~50% below similar nearby projects (~$2,242). good value
(The whole suburbs average is ~$1,534 psf — but that lumps in older stock, so we compare like with like, not against that.)
What’s realistic here? Its own record and its real neighbours — not the market.
The Floravale has grown ~8.2%/yr over ~5 years. Similar nearby: J'Den 9%, The Lakegarden Residences 3.9%, Sora 5.2%, Westwood Residences 7.1%, J Gateway 3.6% — a 3.6–9%/yr spread (most around 5.2%).
You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.
What price per sqft are you hoping to sell at one day?
Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.
Median price
$1,264,400
2021–2026 (URA)
Appreciation
8.2%/yr
median trend
Gross yield
—
rental n/a
Lease
~70 yrs left
leasehold
The Floravale median price per sqft, by year
Median PSF of actual URA transactions each year, with year-on-year change.
Does The Floravale fit your budget?
GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.
Plan your purchase →Units for sale at The Floravale
Questions people ask about The Floravale
Is The Floravale freehold or leasehold?
The Floravale is on a 99-year lease that began in 1997, so about 70 years remain. It sits in District 22 (Outside Central Region (OCR)).
How much does The Floravale cost per square foot?
Recent transactions at The Floravale are around $1,110 psf. Across its record, transacted prices range from $845,000 to $2,070,000.
Which primary schools are near The Floravale?
Within 1 km (top Primary 1 priority): Westwood Primary School (0.47 km), West Grove Primary School (0.71 km). Within 1–2 km: Corporation Primary School, Jurong West Primary School, Xingnan Primary School. Distances are straight-line — the basis MOE uses for P1 priority.
Which MRT station is nearest The Floravale?
The nearest MRT is Pioneer MRT, about 1.5 km away (straight-line).
Has The Floravale gone up in value?
Across 122 URA-recorded transactions (2021–2026), prices at The Floravale have moved about 8.2% a year on average. That is a past record, not a forecast.
What condos are comparable to The Floravale?
Within a short walk: Westwood Residences. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.
Is The Floravale a good buy?
The Floravale sits in Outside Central Region (OCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.