The Florence Residences: An Attractive Real Estate Investment in District 19
Jul 19, 2023
5 min read
The Florence Residences is a property located in Hougang Avenue 2, District 19 of Singapore. It is a 99-year leasehold development in the Outside Central Region (OCR). This blog post provides an analysis of the sales and rental transactions, as well as the location features of the property. Based on the data provided, potential buyers, renters, and investors can make informed decisions.
The sales data from the past 6 months shows that the Florence Residences has a range of unit sizes and floor levels. The average price per square foot (psf) is SGD 1,797 with a minimum of SGD 1,488 and a maximum of SGD 1,914. This indicates that the property offers a variety of options for buyers with different budgets and preferences.
Unfortunately, there is no available rental data for the Florence Residences. However, based on the sales data, it can be inferred that the property is attractive for both buyers and potential renters due to its location and amenities.
The Florence Residences is surrounded by several amenities. It is located near primary schools such as CHIJ Our Lady of the Nativity, Holy Innocents' Primary School, and Hougang Primary School. Secondary schools in the vicinity include Bowen Secondary School, Holy Innocents' High School, Hougang Secondary School, Montfort Secondary School, and Nan Chiau High School. The property is also conveniently located near Kovan MRT Station, providing easy access to public transportation.
Based on the analysis of the sales data and location features, the Florence Residences presents a promising investment opportunity. The property offers a range of unit sizes and floor levels, catering to different needs and preferences. Additionally, its proximity to schools and public transportation adds to its appeal. Whether you are looking to buy, rent, or invest, the Florence Residences is worth considering.
This analysis is based on the freely available data and should be taken as a general overview. It is always recommended to consult with real estate professionals or conduct comprehensive research before making any property-related decisions.
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