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The Florence Residences

Apartment · in Hougang, District 19, Singapore · 115 yrs from 28/03/1983 · Completed 2023

Data through 5 August 2026

The Florence Residences project gallery

The Florence Residences property photo 1 in SingaporeThe Florence Residences property photo 2 in SingaporeThe Florence Residences property photo 3 in SingaporeThe Florence Residences property photo 4 in Singapore

Site plan is shown first when available. Scroll to view more project images.

Intro: Completed in 2023, The Florence Residences is a sprawling 1,410-unit development in Hougang that offers a wide range of modern facilities and a layout variety designed for diverse household needs 🏊.
Good to know: Features a massive selection of 1,410 units including 1- to 5-bedroom configurations 🏢; Located within 1km of several schools including Xinmin Primary and Holy Innocents' Primary 🏫.
Practical note: Given the project's large scale, residents may prefer the extensive on-site amenities over the short walk to Kovan MRT station for daily commutes 🚆.

D19OCRNorth EastHougang
On this pageSite plan & photosProject detailsNearby MRT & schoolsPrices & transactionsRental trendsFAQs
REALSCOREⓘ
Profitability rank across Singapore
3.4
Annual Returns
Avg annualized profit (past 1y)
3.1%
< 1km
MRT Station
Mega
Development
< 10y
Property Age
Near
$1M+ HDB
50+
Deals Past Yr
> 1K
MOPs in Town
100%
Profitable
Top 20
Schools

The Florence Residences project details

Street
Hougang Avenue 2
Developer
Florence Development Pte Ltd
Property Type
Apartment
Completion
2023
Total Units
1,410
Plot Ratio
2.8
Unit Size
474 - 1,916 sqft
Tenure
115 yrs from 28/03/1983, 99 yrs from 24/12/2018
Lease Remaining
107 yrs
Postal Sector
53

MRT and LRT stations near The Florence Residences

  • Hougang673 m · MRTNE14
  • Kovan674 m · MRTNE13
See details on nearby stations

Primary schools near The Florence Residences

  • Xinmin Primary School547 m
  • Holy Innocents' Primary School758 m
  • Montfort Junior School849 m
See details on nearby schools

The Florence Residences price, PSF and transaction trends

38%
Sold At Launch
56%
HDB Buyers
$2.3B+
Total Transacted
02-03-2019
First Transacted
05-08-2026
Last Transacted
1,845
Total Transactions

The Florence Residences transaction volume

The Florence Residences transaction volume01503004506002019 · New Sale: 52120192020 · New Sale: 40520202021 · New Sale: 3112021 · Sub Sale: 120212022 · New Sale: 1732022 · Sub Sale: 1820222023 · Sub Sale: 10520232024 · Sub Sale: 16020242025 · Sub Sale: 342025 · Resale: 4620252026 · Resale: 712026
New SaleSub SaleResale

Among the latest 12 recorded sales for The Florence Residences, the median price was S$1,254,000 and the median PSF was S$1,884 psf. The newest record shown is from 5 August 2026. The annual project median was 31.2% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.

Recent The Florence Residences transactions

DateSale typePricePSFSize
5 August 2026ResaleS$1,438,888S$1,995 psf721 sqft
4 August 2026ResaleS$900,000S$1,706 psf527 sqft
3 August 2026ResaleS$1,140,000S$1,795 psf635 sqft
30 July 2026ResaleS$1,315,000S$1,970 psf667 sqft
29 July 2026ResaleS$915,000S$1,735 psf527 sqft

The Florence Residences median transaction PSF (S$)

The Florence Residences median transaction PSF (S$)05001.0K1.5K2.0K2019 · Median PSF: 1.4K20192020 · Median PSF: 1.5K20202021 · Median PSF: 1.7K20212022 · Median PSF: 1.7K20222023 · Median PSF: 1.8K20232024 · Median PSF: 1.8K20242025 · Median PSF: 1.8K20252026 · Median PSF: 1.9K2026

The Florence Residences annual price trend

YearMedian priceMedian PSFRecorded sales
2026S$1,276,000S$1,903 psf71
2025S$1,230,000S$1,796 psf80
2024S$1,211,000S$1,772 psf160
2023S$1,268,888S$1,779 psf105
2022S$1,500,000S$1,734 psf191
2021S$1,185,500S$1,679 psf312
2020S$1,031,000S$1,538 psf405
2019S$1,023,000S$1,450 psf521
97.2%
% Profitable
423
Profitable
12
Unprofitable
48
> 6% Annualized
4.4 yrs
Avg Holding
$97.4M
Total Profits

The Florence Residences annualized profit %

The Florence Residences annualized profit %0.0%1.5%3.0%4.5%6.0%2021 · Average Annualized Profit: 3.0%20212022 · Average Annualized Profit: 5.7%20222023 · Average Annualized Profit: 4.9%20232024 · Average Annualized Profit: 4.0%20242025 · Average Annualized Profit: 3.2%20252026 · Average Annualized Profit: 3.0%2026
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The Florence Residences rental prices and estimated yield

Past 1 month
$5.46
Avg PSF Rental
176
No. of Rentals
3.5%
Est. Rental Yield

Among the latest 12 recorded rental contracts for The Florence Residences, the median monthly rent was S$3,425, with records ranging from S$2,800 to S$4,700.

Recent The Florence Residences rental contracts

Lease dateBedroomsMonthly rentEst. PSFArea
1 July 20261 BRS$3,100S$6 psf500-600
1 July 20262 BRS$3,600S$6 psf600-700
1 July 20262 BRS$3,450S$5 psf600-700
1 July 20262 BRS$3,400S$5 psf600-700
1 July 20262 BRS$3,800S$6 psf600-700

The Florence Residences rental volume

The Florence Residences rental volume01002003004002023 · Rentals: 13020232024 · Rentals: 31120242025 · Rentals: 21420252026 · Rentals: 1762026
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Frequently asked questions about The Florence Residences

How much do units at The Florence Residences cost?

The latest 12 recorded sales show a median price of S$1,254,000 and a median of S$1,884 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at The Florence Residences?

The latest recorded median monthly rent is S$3,425 and the estimated rental yield based on the past six months is 3.5%. Rental yield is indicative and can vary by unit and costs.

Is The Florence Residences freehold or leasehold?

The Florence Residences has a tenure of 115 yrs from 28/03/1983.

When was The Florence Residences completed and who developed it?

The Florence Residences was completed in 2023, the developer is Florence Development Pte Ltd, and the project has 1,410 units.

Which MRT or LRT station is nearest to The Florence Residences?

Hougang is the nearest station shown, at an estimated straight-line distance of 673 metres.

Which primary schools are near The Florence Residences?

The primary schools shown within the page’s one-kilometre search are Xinmin Primary School (547 m), Holy Innocents' Primary School (758 m), and Montfort Junior School (849 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 5 August 2026. Figures are indicative and do not constitute financial advice.

Compare The Florence Residences with similar properties

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Discussion about The Florence Residences

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SpontaneousBanana59checks all the boxes for me. resort-feel, school, mrt. blocks not too close to each other unlike other projects
10 May 20252
TreaclyPorkChop47family been here for 1 year now, love the expansive pool, resort vibes +++ love this place!
14 July 20252
SourSavoryJackfruit14my friend bought a unit here and now made a huge paper profit
4 October 20250
LeavenedCorretto83Club style facilities with activity rooms and long pools. Hougang MRT and eateries are nearby which makes weekday routines straightforward. Landscaping is kept tidy.
4 November 20250
WellLikedPineapple0Club style facilities with activity rooms and long pools. Hougang MRT and eateries are nearby which makes weekday routines straightforward. Landscaping is kept tidy.
6 November 20250
EarnestBreve93Club style facilities with activity rooms and long pools. Hougang MRT and eateries are nearby which makes weekday routines straightforward. Landscaping is kept tidy.
8 November 20250
FreeThinkingFriedBeeHoon888Mega development, breezy, ample parking lots and nice surrounding
19 March 20260
FreeThinkingFriedBeeHoon888Karaoke room smells a little funky but other than that, nothing to complain about.
19 March 20260
PureBubbleTea67
20 March 20260
PureBubbleTea67Units overlooking pool are breezy, everyday feels like living in a resort
25 March 20261
— View replies (1) —
TheTapiocaFamilyHeaded down to view multiple units. The facade is 3/5 while the pool view is amazing 4/5. Design concept of lift lobby and corridor is average. Distance to bus stops is kind of far. Accessibiliy to mrt is 2/5.
6 June 20260
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