Floraview

D20 (RCR) Freehold
District 20 ·Freehold ·Completed 2018
~$1,484 Avg PSF (12-month)
3.6% Rental yield
90 Total units
Category Ratings
Facilities
6.0
Unit size & layout
7.5
Value for money
7.0
Neighbourhood
7.0
MRT accessibility
7.5
Lease remaining
10.0

Overview & Key Facts

FloraView is a 90-unit freehold condominium along Ang Mo Kio Street 66 in District 20, completed in December 2018 and developed by Oxley YCK Pte Ltd — a subsidiary of Oxley Holdings, the Singapore-listed developer behind dozens of mixed-use and residential projects across Southeast Asia and beyond. Occupying three low-rise blocks of four storeys each, FloraView forms the residential half of a mixed development alongside Floravista, a two-storey commercial podium housing 28 shops and F&B outlets at street level.

At just 90 units, FloraView sits firmly in boutique territory. Oxley YCK deliberately kept the development intimate — a deliberate counterpoint to the large-scale suburban condominiums that dominate land releases in District 20. The result is a community-scale estate with 96 car lots for 90 residential units (more than one per household), low-rise blocks that avoid overshadowing, and a residents’ experience that more closely resembles a private landed enclave than a typical suburban condo. The development is set back from the main road behind Floravista’s commercial strip, giving the residential blocks a quiet, inward-looking character despite the active street-level energy below.

The freehold land title is the single most significant commercial fact about FloraView in the context of District 20. The overwhelming majority of private residential supply in this part of Ang Mo Kio is either public housing or 99-year leasehold condominium stock. Freehold land parcels in D20 are structurally scarce, and developers rarely bring them to market at the scale and price point that FloraView achieved. For buyers seeking permanent tenure — whether for multi-generational planning, CPF flexibility, or simply the peace of mind that comes with outright land ownership — FloraView offers a rare entry point into a mature, well-located district at PSF levels that remain accessible relative to freehold stock in more sought-after districts.

With an average transacted PSF of $1,341 across all recorded transactions and recent 2024–2025 deals in the $1,364–$1,605 PSF range, FloraView occupies a competitive middle ground: more expensive than leasehold peers on a pure PSF basis, but significantly cheaper than freehold equivalents in D9, D10, or D11, and delivering the tenure permanence that comparable D20 leasehold condos cannot match.

Developer
OXLEY YCK PTE LTD
Tenure
Freehold
Total units
90
TOP year
2018
District
20 — OCR
Street
ANG MO KIO STREET 66

Location & Connectivity

FloraView is addressed at 1–5 Ang Mo Kio Street 66, a quiet residential street that sits at the northern edge of the mature Ang Mo Kio estate, bounded by Yio Chu Kang Road to the north and Ang Mo Kio Avenue 1 to the west. The immediate surroundings are characterised by low-density landed housing — the Seletar Hills and Yio Chu Kang landed enclaves lie just to the north and northeast — giving the area a spacious, green character that is unusual for a mature HDB town. AMK Street 66 itself is a cul-de-sac-like residential spur with minimal through traffic, contributing to the estate’s quietness.

MRT accessibility is FloraView’s strongest location credential. Yio Chu Kang MRT (NS15) on the North-South Line is approximately 330 metres from FloraView — a 4–5 minute walk. This is close by any measure: residents can realistically reach the platform within 6 minutes door-to-door, making FloraView one of the most MRT-proximate freehold condominiums in D20 despite its quiet residential setting. From Yio Chu Kang, Ang Mo Kio interchange (NS16) is one stop south, providing access to bus connections across the estate; Bishan (NS17/CC15) is three stops south with Circle Line interchange; City Hall and Raffles Place are accessible in under 30 minutes.

The Thomson-East Coast Line has further improved connectivity for the broader Ang Mo Kio corridor. Lentor MRT (TE5) is approximately 1.3 km from FloraView — walkable in about 16 minutes or reachable by feeder bus — and provides direct access to the TEL route through Thomson, Caldecott, and eventually the downtown core. For residents who do not have a car, the combination of Yio Chu Kang (NS) and access to Lentor (TEL) provides a two-line solution that covers the NSL’s traditional downtown corridor and the TEL’s newer connections through the central corridor.

Yio Chu Kang MRT: 330 Metres Away
FloraView’s 330-metre distance to Yio Chu Kang MRT (NS15) is a genuine competitive advantage. Many D20 condos are 800m–1.5km from the nearest station, requiring bus or cycling. At under 400m, FloraView residents can walk to the MRT in under 5 minutes — a convenience that directly supports a car-light or car-free lifestyle for daily commuters, and that is reflected in the high rental demand for its 1BR and 2BR units.

Day-to-day retail and dining needs are well catered for. Floravista, the commercial podium immediately below the residential blocks, houses a mix of cafes, restaurants, and neighbourhood retail, providing residents with on-premises F&B without needing to leave the estate. AMK Hub, one of the north’s largest suburban malls with a supermarket, cinema, and over 300 shops, is accessible via a short bus or MRT ride. Greenwich V at Seletar is a 7-minute drive, offering a more lifestyle-oriented retail and dining experience. Ang Mo Kio Central hawker centre and the surrounding town centre provide traditional hawker options within easy reach.

Greenery and outdoor amenity are genuine strengths. Thomson Nature Park, a 50-hectare nature park preserving the last stand of secondary forest along the old Thomson Road corridor, is accessible by car or a longer walk to the northwest. The Ang Mo Kio Town Garden East and West provide community park options within the estate. Seletar Aerospace Park and Seletar Country Club are to the northeast. For families with active lifestyles, the northern D20 corridor — flanked by Bishan-Ang Mo Kio Park (one of Singapore’s largest park connectors) to the south and the Central Catchment Nature Reserve to the west — provides exceptional recreational depth for an urban location.


Schools & Education

Nearby Schools
SchoolTypeDistance
Nanyang Polytechnictertiary~1.2 km
Institute of Technical Education (College Central)tertiary~1.7 km

Facilities

FloraView’s facilities package is intentionally scaled to its 90-unit community. The development centres on a 30.2m × 4.62m lap pool with an adjacent wading pool — a proportioning that delivers meaningful lap-swimming capacity for 90 households without the overcrowding issues that afflict larger developments. A gymnasium, open-sided pavilion with BBQ counters, and landscaped communal garden complete the recreational offering. Security is 24-hour, and the 96 car lot allocation means virtually every unit has covered parking.

The gym is functional rather than comprehensive: a selection of cardio machines and free weights suited for general fitness, but not large enough for serious training. Residents wanting a full-facility gym environment will find options at the Yio Chu Kang Sports Centre, a short bus ride away, which includes a 50m pool, indoor courts, and a professional gym at subsidised ActiveSG rates. The on-site pool, by contrast, is a genuine asset: maintained to a high standard, proportioned for actual swimming, and quiet by virtue of the small resident community. Private pool time is a realistic expectation at FloraView, not an aspiration.

“The pool is always clean and rarely crowded. With only 90 units, you basically have it to yourself most weekday mornings. And having Floravista downstairs for meals is really convenient.”

— Resident review via Singapore Expats Condo Directory

FloraView was completed in 2018, so the facilities and common areas carry a modern, well-maintained presentation compared to the early-2000s vintage developments that constitute most of D20’s older private stock. Lobby finishes, lift interiors, and the poolside deck are contemporary and have not yet reached the point of requiring major capital expenditure. MCST levies reflect the modest but competently run nature of a small, well-designed development: not negligible, but considerably lower than the management overhead of a 500+ unit mega-project. Resident feedback across review platforms consistently highlights the cleanliness, quietness, and attentive management of the estate.

Floravista Commercial Podium: Built-In Amenity
Unlike most suburban condos where residents must commute to reach food or retail, FloraView residents descend one floor to access Floravista’s 28 commercial units. The tenant mix has evolved since 2018 to include established F&B operators, making it a functioning lifestyle amenity rather than a speculative retail offering. For residents who value walkable dining and neighbourhood convenience — particularly families with young children or elderly parents — this integrated commercial component is a meaningful quality-of-life differentiator over comparable condos in the vicinity.

Unit Sizes & Layout

FloraView’s 90 units span a wider typology than is typical for a boutique development. The unit mix includes studios, 1-bedroom, 1-bedroom + study, 2-bedroom, 3-bedroom, and penthouse configurations across 2-bedroom, 3-bedroom, and 4-bedroom penthouse types. Transaction data confirms unit sizes ranging from approximately 377 sqft for the smallest studio to 1,259 sqft for the largest 3-bedroom penthouse — a range that accommodates investors seeking compact yield-oriented units, professionals needing a 1BR + study configuration, and families requiring genuine 3-bedroom space.

The most actively traded units in the resale market are 1-bedroom configurations (538–700 sqft) and 2-bedroom units (710–829 sqft), which have transacted at PSF premiums of $1,400–$1,605 in 2024–2025 as rental demand from young professionals and couples attracted by the Yio Chu Kang MRT proximity has remained robust. Average monthly rents of $2,374 for 1BR and $2,995 for 2BR units (2022–2025 data) indicate gross yield of approximately 3.5%–4.1% at prevailing purchase prices — respectable for a freehold asset, though not yield-optimised relative to leasehold peers in higher-demand districts.

The four-storey, low-rise block configuration means all units are within four floors of ground level — a genuine lifestyle advantage for families with strollers, elderly residents, and anyone who values direct ground-level access over dramatic upper-floor views. There are no sky gardens or panoramic vistas, but equally, no long lift waits, no wind exposure on high floors, and a neighbourhood-scale intimacy that high-rise living cannot replicate. The low-rise format also means the development does not overshadow its landed-housing neighbours, contributing to the area’s low-density feel.

Penthouse Units: Rare D20 Freehold Value
FloraView’s 17 three-bedroom and 6 four-bedroom penthouse units, ranging from 797–1,346 sqft, represent genuinely spacious freehold accommodation in a district where private freehold supply is scarce. Recent 3BR transactions at $1,161–$1,364 PSF (2024–2025) put a well-sized family unit in the $1.4M–$1.7M range — meaningfully below the cost of equivalent freehold accommodation in D9, D10, or D11, while offering permanent tenure and a quiet, green residential setting. Buyers who prioritise space and tenure over address prestige should evaluate these units carefully.

Units completed in 2018 arrive in contemporary condition: stone-effect tiles, laminate timber flooring in bedrooms, engineered stone countertops, and branded sanitary fittings are the standard specification for Oxley Holdings’ projects of this era. Most resale units on the market will carry the original Oxley specification or light cosmetic updates. A full kitchen or bathroom renovation to personal taste would typically run $30,000–$60,000 for a 2BR unit — modest relative to the upgrade budgets required for 1990s or early-2000s stock, and reflecting the advantage of buying a 2018-vintage development with a meaningful remaining renovation-free life in the common infrastructure.

Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
0 BR2$1,534$577,944
1 BR12$1,368$891,606
2 BR11$1,384$1,039,000
3 BR11$1,247$1,436,909

Pricing & Market Position

Based on 36 recorded transactions, sale prices range from $550,000 to $1,680,000, averaging $1,085,838 (~$1,484 psf).

Rents range from $1,750 to $5,800 per month across 122 rental transactions. Current rental yield sits at approximately 3.6%.


Price Appreciation

From 2021 to 2026, the average PSF has appreciated by 20.7% (from $1,228 to $1,483 psf).

2024
+5.6%
$1,392 psf
2025
+7.4%
$1,496 psf
2026
-0.9%
$1,483 psf

Neighbourhood Comparison

The most instructive comparison for FloraView is not against its immediate neighbours but against the freehold premium it commands within the D20 market. The 99-year leasehold condos in the Ang Mo Kio and Yio Chu Kang corridor — including developments like Bishan Park Condominium and older AMK-area condos — typically transact at $1,100–$1,300 PSF. FloraView’s $1,400–$1,500 PSF range represents a roughly 15%–20% premium for freehold tenure, a differential that has historically been rational in Singapore’s private residential market and is likely to widen as older leasehold stock continues to age.

Against newer launches in the broader D20 corridor, Lentor Modern ($2,100–$2,200 PSF, 99-year, 605 units) and other Lentor-area new launches represent the alternative for buyers prioritising newness, larger facilities decks, and the Thomson-East Coast Line adjacency. The trade-off is clear: Lentor Modern offers a TEL address with direct underground connectivity to the downtown core, but at 99-year tenure and $700–$800 PSF premium over FloraView. For buyers who do not require the TEL and who value freehold tenure over facilities grandeur, FloraView makes a compelling counterargument.

Within the boutique freehold niche specifically, Nim Collection at Ang Mo Kio Avenue 8 is the closest conceptual peer: freehold, small-scale, D20, with landed-house neighbours and a quiet residential setting. Nim Collection’s landed terrace and semi-detached typology means it attracts a different buyer profile, but at similar land tenure and neighbourhood character, it defines the freehold boutique segment in this part of Singapore. FloraView’s condominium format, MRT proximity, and commercial podium give it a different lifestyle proposition at a comparable price point.

For buyers comparing FloraView against the broader D20 freehold market, options narrow quickly. Most freehold private residential supply in D20 is either older landed housing or older apartment/condominium developments requiring significant renovation budgets. FloraView’s 2018 completion makes it among the newest freehold condominiums available in the district — buyers acquire relative modernity alongside permanent tenure, a combination that is structurally scarce and unlikely to be replicated in future government land sales (which are almost exclusively 99-year in Singapore).

District 20 Comparables
DevelopmentTenureTOPUnits~Avg PSF
FLORAVIEWFreehold201890$1,484
AMO RESIDENCE99 yrs lease commencing from 20212022372$2,139
JADESCAPE99 yrs lease commencing from 201820211,206$2,101
THE PANORAMA99 yrs lease commencing from 20132019698$1,835
SKY VUE99-year leasehold2016694$1,970
SEMBAWANG HILLS ESTATEFreehold202334$1,941

ShiokNest Scores

Our proprietary scoring system evaluates FLORAVIEW across multiple dimensions.

Walkability
23/100
MRT: 8/25, School: 12/20, Hawker: 0/15, Mall: 0/15, Park: 0/10, Supermarket: 0/10, Clinic: 3/5
Investment
58/100
+3.7% YoY ·3.6% yield ·4 txns/yr ·Freehold ·1.25 km to MRT ·+7.0% district YoY ·En-bloc 34/100
Profitability
52/100
Win rate: 78 — 9 transaction pairs, 78% profitable, avg +$83,432
En-Bloc Potential
34/100
Verdict: Low
Overall ShiokNest Score
37/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“Nice restaurants here. Very quiet and charming surroundings. Much greenery all around and also has a landed enclave next to the development.”

— Resident review via Singapore Expats Condo Directory

“Peaceful and quiet place with F&B Options right downstairs. Direct bus to central area! Very strategic, easy access & peaceful. Good condo management too.”

— Resident review via Singapore Expats Condo Directory

“Yio Chu Kang MRT is literally a 5-minute walk. The freehold status was the deciding factor for us — most condos around here are 99-year. The pool is always quiet, the management is responsive, and the Floravista F&B makes daily life very convenient.”

— Owner, via EdgeProp

“The area is very low-density. You have landed houses on one side and AMK estate on the other but the street itself is very quiet. It doesn’t feel like you’re living in a big town even though you’re in the middle of Ang Mo Kio.”

— Tenant review via 99.co

Resident sentiment across review platforms converges around three consistent themes: the exceptional quiet of the AMK Street 66 location despite being a mature estate, the practicality of having F&B immediately downstairs at Floravista, and the short walk to Yio Chu Kang MRT as a daily convenience that makes car-lite living viable. No persistent maintenance complaints, structural concerns, or management issues appear in the review record. The small MCST — 90 units — appears to be functioning well, with residents noting that issues are addressed promptly and the estate is kept clean and well-landscaped. This is consistent with the experience of well-run boutique developments where MCST meetings are more manageable and individual voices carry more weight than in the large-scale developments that have come to define new D20 supply.


Strengths & Weaknesses

Strengths
  • Freehold tenure in D20 — rare permanent-title condo in a district dominated by 99-year leasehold
  • Yio Chu Kang MRT (NS15) approximately 330m away — 4-5 minute walk, excellent daily commute convenience
  • Floravista commercial podium on-premises — cafes, restaurants, and retail without leaving the development
  • Boutique 90 units — quiet facilities, responsive MCST, private pool use, genuine community atmosphere
  • 2018 completion — modern specifications, no immediate major renovation required for common areas or units
  • Strong PSF capital appreciation: $1,228 (2021) → $1,496 (2025), 21.8% gain in 4 years
  • Low-rise 4-storey blocks — accessible for families with strollers and elderly residents, no high-rise drawbacks
  • More than one car lot per unit (96 lots for 90 units) — generous parking for a Singapore condo
  • Thomson Nature Park, Bishan-AMK Park, and extensive greenery corridors within reach
  • Quiet residential street — flanked by landed housing enclaves, minimal through-traffic noise
Weaknesses
  • Walkability score 23/100 — most errands beyond Floravista and MRT require a bus ride or car
  • Lentor TEL station at ~1.3km — not walkable; second MRT line requires a bus or cycling
  • Facilities minimal compared to new launches — no sky terrace, clubhouse, tennis court, or multi-pool complex
  • Investment score 58/100 and ShiokNest score 37/100 — above average but not top-tier composite metrics
  • En-bloc potential low (34/100) — 2018 freehold with no near-term lease pressure reduces collective sale incentive
  • Limited nearby retail beyond Floravista and AMK Hub — no walkable lifestyle high street equivalent
  • D20 is not a prestige address — buyers prioritising school brand or district cachet will look elsewhere
  • Gross yield approximately 3.5% for 1BR/2BR — respectable but not exceptional for an investment-only buyer
  • Small unit count means fewer resale listings at any given time — liquidity lower than a 300+ unit development
Best for — Freehold-first buyers in D20 — tenure-conscious families Commuters to NSL towns (Bishan, Orchard, City Hall) Multi-generational buyers seeking permanent-title family home Quiet-living buyers who value low-density residential character Professionals wanting MRT proximity with boutique condo lifestyle Investors targeting 3.5%+ freehold yield on 1BR/2BR units Families targeting Ang Mo Kio or Yio Chu Kang primary school cluster Car-free lifestyle buyers relying on walkable retail variety Short-term yield maximisers (higher yields available in leasehold stock) En-bloc-motivated buyers seeking near-term collective sale upside

Verdict

FloraView’s investment case is anchored on a single, durable structural advantage: it is one of the very few freehold condominiums in District 20, a mature estate whose private residential supply is otherwise overwhelmingly 99-year leasehold. This is not a marginal differentiation — it is a categorical one. Buyers who purchase a leasehold unit in D20 are acquiring a depreciating tenure asset in a market where replacement supply (new government land sales) is invariably 99-year. FloraView buyers acquire permanent land ownership in the same neighbourhood, with all the downstream benefits that brings: unrestricted CPF usage across the ownership period, no lease-decay discount to future resale pricing, and the optionality of multi-generational holding.

The PSF trajectory confirms this premium has been both real and durable. From $1,228 PSF in 2021 to $1,496 PSF in 2025 — a 21.8% appreciation over four years — FloraView has outpaced headline CPI and most CPF OA rates over the same period. The 2025 transaction band of $1,363–$1,605 PSF reflects active buyer interest and no sign of pricing fatigue, consistent with the broader freehold premium thesis in Singapore’s private residential market.

The investment score of 58/100 and ShiokNest score of 37/100 reflect genuine trade-offs rather than fundamental weaknesses. The walkability score of 23/100 accurately captures the car-dependent nature of day-to-day life for anything beyond the Floravista podium and Yio Chu Kang MRT catchment — AMK Street 66 is not a walkable high street. The en-bloc score of 34/100 is appropriately conservative: FloraView’s 2018 completion, modern facilities, and freehold status reduce the economic incentive for a collective sale in the near to medium term. Unlike older leasehold condominiums approaching CPF-ineligibility, FloraView owners face no lease-related pressure to accelerate a sale, which paradoxically reduces en-bloc probability while increasing long-term capital security.

For the right buyer profile — families targeting the Ang Mo Kio or Yio Chu Kang primary school cluster, professionals wanting freehold tenure in a quiet, green corridor with sub-400m MRT access, or multi-generational buyers seeking a permanent address they can transfer to children — FloraView is among D20’s most compelling propositions. It will not suit buyers optimising for gross yield alone, buyers who need large retail or lifestyle amenity within walking distance, or buyers seeking en-bloc upside in the near term.

FloraView answers a question that most D20 buyers have resigned themselves to: “Can I own a freehold condominium in Ang Mo Kio without paying Bishan or Thomson prices?” The answer, at $1,400–$1,500 PSF and 330 metres from the MRT, is yes — at a boutique scale that the rest of the market cannot replicate.

Frequently Asked Questions

How far is FloraView from the nearest MRT?
Yio Chu Kang MRT (NS15, North-South Line) is approximately 330 metres from FloraView — a 4 to 5 minute walk. This is among the shortest MRT walking distances for any freehold condominium in District 20. From Yio Chu Kang, residents reach Ang Mo Kio in one stop, Bishan interchange (NS17/CC15) in three stops, and Orchard Road in approximately 25 minutes. Lentor MRT (TE5, Thomson-East Coast Line) is approximately 1.3 km away — reachable by a short bus ride or a 16-minute walk — providing a second line option for TEL corridor destinations.
What makes FloraView's freehold status significant in District 20?
District 20's private residential market is predominantly 99-year leasehold. The majority of new condominium launches on government land sales in Singapore carry 99-year leases, and D20 is no exception. Freehold land parcels in Ang Mo Kio and Yio Chu Kang are structurally scarce and rarely released for private residential development. FloraView's freehold land title means buyers own the property in perpetuity, with no lease-decay discount applied to future resale pricing, unrestricted CPF usage throughout the holding period, and the legal ability to pass the property to heirs without any time-based erosion of value. For multi-generational planning, this is a categorical advantage over the leasehold alternatives in the vicinity.
What is the unit mix and size range at FloraView?
FloraView comprises 90 residential units across several configurations: studios (approximately 377 sqft), 1-bedroom units (377–538 sqft), 1-bedroom + study (560–592 sqft), 2-bedroom units (463–753 sqft), 3-bedroom units (667–764 sqft), 2-bedroom penthouses (657–1,055 sqft), 3-bedroom penthouses (797–1,259 sqft), and 4-bedroom penthouses (1,109–1,346 sqft). Recent resale transactions show the 1BR and 2BR categories most actively traded, with 3BR penthouse units representing the larger family-sized accommodation. All units are within the 4-storey low-rise blocks, with no high-floor units.
What are recent transaction prices and rental yields?
Recent 2024–2025 resale transactions have ranged from approximately $1,364 to $1,605 PSF. In absolute terms: 1BR units (~538–700 sqft) have transacted at $855,000–$963,000; 2BR units (~710–829 sqft) at $1,093,000–$1,200,000; and 3BR units (~1,001–1,259 sqft) at $1,438,000–$1,680,000. Average monthly rents for 2022–2025 are approximately $2,374 for 1BR, $2,995 for 2BR, and $3,562 for 3BR, implying gross yields of roughly 3.2%–4.1% depending on unit type and purchase price. These yields are competitive for freehold stock in Singapore's suburban districts.
Who is the developer and what is FloraView's track record?
FloraView was developed by Oxley YCK Pte Ltd, a project subsidiary of Oxley Holdings Limited — a Singapore-listed property developer with a substantial portfolio of residential, commercial, and mixed-use projects across Singapore and internationally. Oxley Holdings has a track record of delivering compact to mid-scale urban and suburban residential projects. FloraView, completed in December 2018, represents their entry into the boutique freehold residential segment in D20. No significant structural or management complaints appear in the public review record for the development.
What amenities are available within walking distance?
Floravista, the commercial podium integrated into the FloraView development, houses 28 F&B and retail units directly accessible from the residential lobby. Yio Chu Kang MRT and its surrounding bus interchange provide connections to AMK Hub (one stop by MRT, approximately 10 minutes). Greenwich V at Seletar is a 7-minute drive. The nearest wet market and hawker centre options are accessible by a short bus ride within Ang Mo Kio town. For daily grocery shopping, supermarket options at AMK Hub or along Ang Mo Kio Avenue 1 are the primary options. The immediate walkable retail is limited to Floravista, so residents relying entirely on foot for errands will find the offering limited beyond F&B.