PropKaki
99-yearOCRDistrict 19 (Hougang)

The Florence Residences

Reviewed by Nathan TangUpdated 20 June 2026Data through May 2026 (URA)
Quick Summary

The Florence Residences is a 99-year apartment in District 19 (Hougang) that obtained TOP in 2023, with 1,410 units across 10 blocks. Units have recently transacted around S$1.27M (S$1,896 psf), from 1,816 sales on record. There are 321 units for sale from S$788k to S$4.10M. The lease has approximately 91 years remaining.

1

What are the key facts about The Florence Residences?

Key Takeaway

The Florence Residences is a 99-year apartment in District 19 (Hougang) that obtained TOP in 2023, with 1,410 units across 10 blocks.

Tenure
99-year
TOP / Completion
2023
Developer
FLORENCE DEVELOPMENT PTE LTD
Total units
1,410
Blocks
10
District / Area
District 19 (Hougang)
Market segment
OCR
Median PSF
S$1,896 psf
Last transacted
May 2026
Remaining lease
≈ 91 years
2

What is the price and PSF at The Florence Residences?

Key Takeaway

Units have recently transacted around S$1.27M (S$1,896 psf), at a gross rental yield of about 3.1% (URA caveat data).

Recent median price

S$1.27M

recent · 1,816 sales on record

Median PSF

S$1,896 psf

recent transactions

Median rent (monthly)

S$3,279

769 rentals on record

Gross rental yield

3.1%

indicative, gross

Units currently for sale are asking a median of S$1,888 psf.

Source: URA caveat data, through May 2026.

3

What has recently sold at The Florence Residences?

Key Takeaway

The Florence Residences has 1816 recorded sales; the most recent transacted at S$2,022,188 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$2,022,1881,001S$2,020 psf
May 2026S$1,871,255936S$1,998 psf
May 2026S$910,000527S$1,725 psf
May 2026S$2,535,0001,270S$1,996 psf
May 2026S$1,275,000646S$1,974 psf
May 2026S$1,125,000624S$1,802 psf
Apr 2026S$1,130,000635S$1,779 psf
Apr 2026S$1,290,000646S$1,997 psf
Apr 2026S$1,183,800635S$1,864 psf
Apr 2026S$1,270,000667S$1,903 psf
Apr 2026S$1,600,000936S$1,709 psf
Apr 2026S$1,265,000667S$1,896 psf

1,816 sales and 769 rentals on record since Mar 2019. Source: URA.

4

What bedroom types are available at The Florence Residences?

Key Takeaway

The Florence Residences has 321 units listed for sale, spanning 0–5-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
0-bedroom1S$848k–S$848k
1-bedroom137S$788k–S$1.45MS$1,756 psf
2-bedroom118S$900k–S$1.90MS$1,919 psf
3-bedroom43S$1.28M–S$2.50MS$2,041 psf
4-bedroom4S$2.70M–S$3.00MS$2,108 psf
5-bedroom18S$3.30M–S$4.10MS$2,085 psf
5

Where is The Florence Residences and what's nearby?

Key Takeaway

The Florence Residences is located in Hougang, in the North-East Region of Singapore.

The Florence Residences is a 99-year apartment completed in 2023. It was developed by FLORENCE DEVELOPMENT PTE LTD. The development has 1,410 residential units. It sits on a land area of 36,161 sqm and has a gross floor area of 101,244 sqm. The plot ratio is 2.8.

THE FLORENCE RESIDENCES is located at 91 Hougang Avenue 2, Singapore 533752. It is part of District 19, Serangoon Garden / Hougang / Punggol, Hougang. The project falls within the North-East Region and the OCR market segment.

The nearest rail connection is Kovan MRT, approximately 660m away, around 10 minutes on foot. Nearby amenities include Heartland Mall Kovan for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Kovan Market & Food Centre for food options, and Realty Park for greenery and recreation. Facilities in the development include Adult Fitness Stations, Amphitheatre, Barbeque Area, Clubhouse, Community Garden, and Elderly Wellness Stations.

6

How far is The Florence Residences from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Florence Residences is Kovan MRT, about 660 m away (~10 min walk). 7 schools are within 1 km, including 4 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Anderson Serangoon Junior CollegeJunior collegewithin 1 km116 m
  • Xinmin Primary SchoolPrimary schoolwithin 1 km · P1 priority717 m
  • Xinmin Secondary SchoolSecondary schoolwithin 1 km831 m
  • Holy Innocents' Primary SchoolPrimary schoolwithin 1 km · P1 priority853 m
  • Montfort Junior SchoolPrimary schoolwithin 1 km · P1 priority930 m
  • Montfort Secondary SchoolSecondary schoolwithin 1 km932 m
  • Xinghua Primary SchoolPrimary schoolwithin 1 km · P1 priority996 m
  • Yuying Secondary SchoolSecondary school1.1 km

Shops, food & parks

Mall: Heartland Mall Kovan · 727 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 727 mHawker centre: Kovan Market & Food Centre · 764 mPark: Realty Park · 475 m

Straight-line distances from the development. Source: PropKaki amenities data.

7

What facilities does The Florence Residences have?

Key Takeaway

The Florence Residences has 27 facilities, including Adult Fitness Stations, Amphitheatre, Barbeque Area, Clubhouse, and more.

Adult Fitness StationsAmphitheatreBarbeque AreaClubhouseCommunity GardenElderly Wellness StationsFun poolGame roomJacuzziJogging trackKaraokeLaunderetteLibraryLoungeMeeting roomMulti-Storey Car ParkMulti-purpose hallPavillionPool DeckPlaygroundPantryPutting GreenReflexology Path24 hours securitySteam bathSwimming poolTennis courts
8

What does it cost to own a unit at The Florence Residences?

Key Takeaway

Buying a unit at The Florence Residences (~S$1.27M) needs about S$9,297/mo in income and S$4,277/mo in repayments, after S$35,400 stamp duty and a S$318k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.27M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$35,400

BSD, tiered

Downpayment (25%)

S$318k

cash + CPF

Monthly instalment

S$4,277/mo

30y @ 3.5%

Income required

S$9,297/mo

TDSR @ stress rate

9

Frequently asked questions about The Florence Residences

What is the price at The Florence Residences?

Units at The Florence Residences have recently transacted around S$1.27M (S$1,896 psf), from 1,816 sales on record (URA caveat data).

What is the PSF at The Florence Residences?

Units for sale at The Florence Residences are asking a median of about S$1,888 psf.

Is The Florence Residences freehold or leasehold?

The Florence Residences is 99-year, with approximately 91 years remaining on the lease.

When was The Florence Residences built?

The Florence Residences obtained TOP in 2023, developed by FLORENCE DEVELOPMENT PTE LTD.

How many units are for sale at The Florence Residences?

There are 321 units for sale at The Florence Residences, from S$788k to S$4.10M.

What is the rental yield at The Florence Residences?

Gross rental yield at The Florence Residences is about 3.1%, based on median current rents and prices.

How many units are in The Florence Residences?

The Florence Residences has 1,410 units across 10 blocks.

What facilities does The Florence Residences have?

The Florence Residences has 27 facilities, including Adult Fitness Stations, Amphitheatre, Barbeque Area, Clubhouse, Community Garden, Elderly Wellness Stations, and more.

What is the nearest MRT to The Florence Residences?

The nearest MRT/LRT station to The Florence Residences is Kovan MRT, about 660 m away (~10 min walk).

Which primary schools are within 1 km of The Florence Residences?

Xinmin Primary School, Holy Innocents' Primary School, Montfort Junior School, Xinghua Primary School are within 1 km of The Florence Residences — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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