We track 14 sales and 22 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE FLORENTINE dashboard.
- Average sale price: $1,680,376 across 14 transactions
- Estimated gross rental yield: 2.2%
- District 19 PSF ranking: Mid-range (top 72%)
- 947 yrs lease commencing from 1934 · OCR · D19 · 34 units
About THE FLORENTINE
THE FLORENTINE is a 947 yrs lease commencing from 1934 condominium, located at FLORENCE ROAD in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region), developed by ROXY HOMES PTE LTD, comprising 34 residential units, completed in 2010.
With approximately 7 years remaining on its 99-year lease, buyers should be aware of significant financing restrictions.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE FLORENTINE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 8 | $1,300 psf | $1,501,313 |
| 4 BR | 4 | $1,099 psf | $1,876,722 |
| 5+ BR | 2 | $982 psf | $2,003,936 |
Sales Market Overview
THE FLORENTINE has recorded 14 sale transactions with an average transaction price of $1,680,376, ranging from $1,250,000 to $2,288,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 6 | $1,044 psf | $1,746,127 | — |
| 2022 | 2 | $1,205 psf | $1,315,000 | ↑ 15.4% |
| 2024 | 2 | $1,321 psf | $1,600,000 | ↑ 9.6% |
| 2025 | 3 | $1,388 psf | $1,643,500 | ↑ 5.1% |
| 2026 | 1 | $1,280 psf | $2,288,000 | ↓ 7.7% |
THE FLORENTINE ranks in the top 72% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, THE FLORENTINE trades 22.8% below the segment benchmark.
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Rental Market Overview
THE FLORENTINE has recorded 22 rental transactions with monthly rents averaging $3,107/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 18 | $2,956/mo | $2,150/mo | $3,800/mo |
| 3 BR | 4 | $3,788/mo | $2,600/mo | $5,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 5 | $2,290/mo |
| 2022 | 4 | $2,888/mo |
| 2023 | 4 | $3,300/mo |
| 2024 | 3 | $3,583/mo |
| 2025 | 4 | $3,700/mo |
| 2026 | 2 | $3,300/mo |
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Investment Analysis
Based on average rents and sale prices, THE FLORENTINE delivers an estimated gross rental yield of 2.2%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 19
Side-by-side comparison against the most actively traded condos in District 19 (Punggol, Hougang, Serangoon Gardens):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | 916 | $2,596 psf | 868 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | 1410 | $1,746 psf | 849 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | 1451 | $1,590 psf | 629 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | 1012 | $1,699 psf | 597 |
| SERANGOON GARDEN ESTATE | Freehold | — | $1,742 psf | 467 |
Location Map
Map shows THE FLORENTINE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE FLORENTINE
- Kovan MRT
- Hougang MRT
- Holy Innocents'
- Holy Innocents'
- Xinmin Primary School
Nearby MRT Stations
THE FLORENTINE is 700m from Kovan MRT (North-East Line), with 2 stations within 1.5 km.
Nearby Schools
There are 19 schools within 2 km of THE FLORENTINE, including 10 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Holy Innocents' Primary School | Primary | 330m |
| Holy Innocents' High School | Secondary | 380m |
| Xinmin Primary School | Primary | 540m |
| St. Gabriel's Primary School | Primary | 620m |
| Hougang Primary School | Primary | 630m |
| Hougang Secondary School | Secondary | 670m |
| Xinmin Secondary School | Secondary | 700m |
| Rosyth School | Primary | 910m |
| Townsville Primary School | Primary | 1.0 km |
| Montfort Secondary School | Secondary | 1.0 km |
| Montfort Junior School | Primary | 1.1 km |
| Yangzheng Primary School | Primary | 1.2 km |
FAQ
What is the average price for THE FLORENTINE?
What is the rental yield for THE FLORENTINE?
Is THE FLORENTINE freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 14 transactions analysed
- Rental data: 22 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for THE FLORENTINE
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