The Florence Residences
Hougang Avenue 2 · District 19 · Outside Central Region (OCR) · 99 yrs lease commencing from 2018
The Florence Residences is an apartment development in District 19 (OCR). Based on 748 URA-recorded transactions from 2021–2026, its median price is $1,265,500, with prices moving about 1.5%/yr and a gross rental yield near 3.3%.
Median price
$1,265,500
2021–2026 (URA)
Appreciation
1.5%/yr
median trend
Gross yield
3.3%
~$5.27/psf rent
Lease
~91 yrs left
leasehold
What a unit at The Florence Residences costs
| Unit | Size | Est. price | Growth |
|---|---|---|---|
| 1-bed | ~484 sqft | ~$849,420 | +-5.3% |
| 2-bed | ~667 sqft | ~$1,259,296 | +7.5% |
| 3-bed | ~980 sqft | ~$1,960,000 | +18.7% |
| 4-bed | ~1281 sqft | ~$2,518,446 | +20.7% |
| 5-bed | ~1679 sqft | ~$3,349,605 | +31.5% |
Estimated price = each unit type’s typical area × latest median PSF. Appreciation is the median price-per-sqft move for that size over 2021–2026 (URA). Segment median — not one unit tracked.
The Florence Residences median price per sqft, by year
Median PSF of actual URA transactions each year, with year-on-year change.
Does The Florence Residences 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 Florence Residences
The Florence Residences — common questions
What is the price trend at The Florence Residences?
Across 748 URA-recorded transactions from 2021 to 2026, median prices at The Florence Residences have moved about 1.5%/yr. The latest median resale is around $1,903 psf.
How much does a unit at The Florence Residences cost?
Units at The Florence Residences currently range roughly from $849,420 upward, depending on size — estimated from each unit type's typical area and latest median PSF.
Is The Florence Residences a good investment?
The Florence Residences sits in Outside Central Region (OCR). It has appreciated ~1.5%/yr recently and yields ~3.3% gross rent. Whether it's right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF.
How many years are left on the lease at The Florence Residences?
The Florence Residences is 99 yrs lease commencing from 2018 — ~91 yrs left on the lease.