Went down to The Florence Residences showflat to observe the upcoming improvement developed by Logan Property in Hougang. This was originally a HUDC website that has been being en bloc. I can recall visiting one of those units during my hunt for a resales HDB during 2007/2008. A unit’s cost then was approximately S$800K. If I have bought it would have turned into an instant en bloc millionaire a year ago….whaha.
This is a site that’s approximately 386,000sqft in size. The programmer will be building 1,410 units. The Florence Residences and is located close to north line Hougang MRT station and Kovan MRT station. The side gate in the florence residences Road will result in Kovan place using a 10min -12mins walk. Many eateries like Lola’s Cafe, Yong’s Teochew Kueh and the Punggol Nasi Lemak are located along Simon Road and Upper Serangoon Road. Since this is within 700m this is a distance to MRT and bodes well for lease or prospective capital appreciation.
You will find more than 12 amazing club notions and 128 centers in this particular development. The centerpiece is the 80m main pool in the middle of property. The issue I have is that the existence of just 1 swimming pool that is being shared with 1,410 units. For HUDC for example Jadescape and Riverfront Residences, you will find two swimming pools to propagate residents out. For the internal design of components, I really like the squarish design of components on screen.
I almost fainted when the land broker explained that the programmer target to start this in a mean of S$. So, a two bedder (635sqft) begins from approximately S$863K, 3 bedder (893sqft) at approximately SS1.222Mil, 4 bedders (1,281sqft) at roughly $1.675Mil and 5 Bedder (1,668sqft) in S$2.41Mil. I am shocked at the start cost of components in suburbia areas. Together with S$1,450 psf, an individual may look at getting a unit in Kovan Home (directly at the top of Kovan MRT station) if a person does not mind a resales unit. If compare to the upcoming CDL and Capitaland Sengkang Centre Residences in Buangkok That’s projected to start in S$1,650psf into S$ Florence Residences appeared to become more economical. Can you buy a unit in The Florence Residences.