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The Florence Residences

Apartment · District 19 (Serangoon Gardens / Hougang / Punggol) · Outside Central Region · 99-year lease (91 yrs left) · Updated Aug 2026

The Florence Residences is a 99-year lease (91 yrs left) apartment development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 697 recorded private transactions. Latest sale: $2,250,000 (Aug 2026, 100 sqm, floors 11-15). Median $1,771/sqft. Prices up 9% over the period. 91 years lease remaining.

Latest Sale
$2,250,000
Aug 2026 · 100 sqm
Median Price
$1,771/sqft
$1,270,000 typical unit
Transactions
697
$1,365–$2,141 psf
Price Trend
▲ 9%
~1.7% a year

Where The Florence Residences ranks in District 19

All 142 projects ›
Median psf
Top 13%
#18 / 142 Top 13%
Typical unit price
Top 68%
#97 / 142 Top 68%
Most recent sale
Top 18%
#25 / 142 Top 18%
Price growth
Top 84%
#107 / 127 Top 84%

Median psf over time

Estimate a unit at The Florence Residences

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +1.7%/yr
Lease decay −0.16%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

91 yrs
Remaining lease
0.16%
Annual decay (Bala's Table)
2018
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.16% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,710 162
06-10 $1,774 173
11-15 $1,828 188
16-20 $1,771 174

Recent transactions

DateFloorType AreaPricepsf
Aug 2026 11-15 Resale 100 sqm $2,250,000 $2,090
Aug 2026 11-15 Resale 67 sqm $1,438,888 $1,995
Aug 2026 01-05 Resale 49 sqm $900,000 $1,706
Aug 2026 01-05 Resale 59 sqm $1,140,000 $1,795
Jul 2026 06-10 Resale 59 sqm $1,175,000 $1,850
Jul 2026 11-15 Resale 49 sqm $915,000 $1,735
Jul 2026 11-15 Resale 62 sqm $1,315,000 $1,970
Jul 2026 01-05 Resale 62 sqm $1,228,000 $1,840
Jul 2026 06-10 Resale 156 sqm $3,420,000 $2,037
Jul 2026 16-20 Resale 62 sqm $1,280,000 $1,918
Jul 2026 11-15 Resale 85 sqm $1,870,000 $2,044
Jul 2026 11-15 Resale 85 sqm $1,920,000 $2,099
Jul 2026 01-05 Resale 49 sqm $868,001 $1,646
Jun 2026 11-15 Resale 91 sqm $1,938,000 $1,979
Jun 2026 11-15 Resale 45 sqm $855,000 $1,765
Jun 2026 01-05 Resale 86 sqm $1,787,000 $1,930
Jun 2026 06-10 Resale 86 sqm $1,870,000 $2,020
Jun 2026 16-20 Resale 70 sqm $1,470,000 $1,951
Jun 2026 01-05 Resale 87 sqm $1,830,088 $1,954
Jun 2026 11-15 Resale 45 sqm $835,000 $1,724
Jun 2026 06-10 Resale 94 sqm $2,150,000 $2,125
Jun 2026 11-15 Resale 92 sqm $2,085,000 $2,105
Jun 2026 11-15 Resale 49 sqm $960,000 $1,820
Jun 2026 01-05 Resale 62 sqm $1,218,000 $1,825
Jun 2026 11-15 Resale 58 sqm $1,193,000 $1,911
Showing 25 of 697 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Where this home sits, and its schools
3 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to The Florence Residences, with their median resale psf. Useful for comparing what The Florence Residences costs per square foot against nearby developments.

More condos in District 19
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About The Florence Residences

The Florence Residences sits near the top of District 19 (Serangoon Gardens / Hougang / Punggol) on price, its $1,771 psf median dearer than roughly 88% of projects in the district. It has a busy transaction history, with 697 sales between 2021-08 and 2026-08, ranging from $720,000 to $3,420,000. The most recent transaction was a 100 sqm unit (floors 11-15) at $2,250,000 in Aug 2026, and the median is $1,771 psf. Prices have risen around 9% over the period (about 1.7% a year). On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 91 years remaining is 0.9563, an annual lease decay of about 0.16%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at The Florence Residences cost?

The most recent transaction at The Florence Residences was $2,250,000 for a 100 sqm unit in 2026-08. The median price is $1,771 per square foot across 697 transactions, ranging from $720,000 to $3,420,000. Data sourced from URA.

Is The Florence Residences freehold or leasehold?

The Florence Residences is on a 99-year lease commencing in 2018, with approximately 91 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.16%.

What is the price per square foot (psf) at The Florence Residences?

The median price at The Florence Residences is $1,771 psf, with transactions ranging from $1,365 to $2,141 psf. This is based on 697 URA-recorded transactions in District 19.

Have prices at The Florence Residences gone up or down?

Prices at The Florence Residences have increased by approximately 9% over the data period (around 1.7% a year). The median price is currently $1,771 psf, with the most recent sale at $2,250,000 in 2026-08.