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Singapore Property News, Insights and Analysis

Completed 2023

The Florence Residences

D19 · Hougang / Punggol / Sengkang · 93 Hougang Avenue 2

A 1,410-unit apartment in D19, completed in 2023, on a 99-year lease from 2018 with about 91 years left. Developed by Florence Development Pte Ltd.

Source: Developer brochure; URA caveats, Nov 2026

91 yrs
Lease left
$1,895
Avg $psf, 12 months
99
Sales, 12 months
2023
Completed
The Florence Residences

What brings you to The Florence Residences?

Buying here? Get a second opinion. 2-bedders here sold for $1.125M to $1.8M over the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion
02 — Prices

The Florence Residences prices

Last 12 months
99
Sales
$1,895
Average $psf
$1,594 – $2,141
$psf range
$772k – $3.42M
Price range
By bedroom type
Last 12 months
TypeSalesAvg $psfPrice rangeSize
1-Bedroom22 sales$1,746 psf$772k – $988k484–527 sq ft
2-Bedroom43 sales$1,889 psf$1.13M – $1.8M624–915 sq ft
3-Bedroom26 sales$1,997 psf$1.6M – $2.42M915–1,281 sq ft
4-Bedroom3 sales$2,034 psf$2.54M – $2.73M1,270–1,389 sq ft
5-Bedroom5 sales$1,989 psf$3.26M – $3.42M1,668–1,679 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

By unit size
Last 12 months
SizeSalesAvg $psfAvg pricePrice range
Under 500 sq ft15 sales$1,738 psfAvg $842k$772k – $900k
500–699 sq ft42 sales$1,865 psfAvg $1.17M$865k – $1.33M
700–899 sq ft10 sales$1,854 psfAvg $1.37M$1.18M – $1.49M
900–1,099 sq ft25 sales$2,004 psfAvg $1.93M$1.6M – $2.25M
1,100–1,299 sq ft4 sales$1,979 psfAvg $2.52M$2.4M – $2.72M
1,300–1,599 sq ft1 sale$1,966 psf$2.73M
1,600–1,999 sq ft5 sales$1,989 psfAvg $3.33M$3.26M – $3.42M
Average $psf by year
In 2025, sales here averaged $1,816 psf, 10% above the D19 average of $1,649 psf for private homes (condos, apartments and ECs).
This condoD19 average
Show as a table
YearThis condoD19 average
2026$1,892$1,703
2025$1,816$1,649
2024$1,773$1,788
2023$1,773$1,479
2022$1,747$1,402
2021$1,674$1,274
2020$1,542$1,276
2019$1,448$1,291
Sales by year
1,868 sales since 2019; the busiest year was 2019 with 521. The 2026 bar covers Jan–Nov.
New saleSub saleResale
Show as a table
YearNew saleSub saleResaleTotal
2026009494
20250334780
202401600160
202301050105
2022173180191
202131110312
202040500405
201952100521
Sales in the last two years
186 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
23 Oct 2026#15-XX484 sq ft · 1-Bedroom$880k$1,817 psfResale
21 Oct 2026#05-XX926 sq ft · 3-Bedroom$1.78M$1,923 psfResale
19 Oct 2026#15-XX1,001 sq ft · 3-Bedroom$2.11M$2,108 psfResale
15 Oct 2026#18-XX797 sq ft · 2-Bedroom$1.35M$1,695 psfResale
12 Oct 2026#02-XX484 sq ft · 1-Bedroom$772k$1,594 psfResale
12 Oct 2026#18-XX915 sq ft · 2-Bedroom$1.8M$1,967 psfResale
6 Oct 2026#14-XX635 sq ft · 2-Bedroom$1.25M$1,971 psfResale
2 Oct 2026#05-XX721 sq ft · 2-Bedroom$1.32M$1,830 psfResale
25 Sep 2026#06-XX936 sq ft · 3-Bedroom$1.82M$1,943 psfResale
25 Sep 2026#04-XX667 sq ft · 2-Bedroom$1.23M$1,843 psfResale
Show all 186 sales
Compared with nearby condos
Compared with D19 and the five nearest similar condos · average $psf and price, all unit sizes

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

The Florence Residences rent

Leases starting Sep 2025–Aug 2026
294
Leases
$3,300
Median rent a month
$1.52M
Avg sale price, 12 months
2.6%
Est. gross yield

D19 median rent: $3,600 a month; est. gross yield 2.5%.

By bedroom type
TypeLeasesMedian rentMiddle halfD19 medianEst. yield
1-Bedroom107 leases$2,900 median$2,800 – $2,900D19 $2,8504.0% yield
2-Bedroom161 leases$3,400 median$3,300 – $3,500D19 $3,5003.2% yield
3-Bedroom23 leases$4,400 median$4,300 – $4,500D19 $4,3002.7% yield
4-Bedroom3 leases$6,700 median$6,600 – $6,900D19 $5,5003.0% yield
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Lease
91years left of 99
2018Ends 2117

99-year lease from 24 Dec 2018. About 91 years remain as of Nov 2026.

Source: Condo master (URA caveats)

05 — Unit mix

The Florence Residences floor plans by bedroom type

116 layouts across 1,410 units, from a 474 sq ft 1-bedroom to a 1,916 sq ft penthouse. Pick a type to see its floor plans.

Bedroom typeLayoutsSize rangeUnits

Source: Developer brochure

06 — Layout and stacks

The Florence Residences stack plan

1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom 5-Bedroom Penthouse Has a recorded sale

Tap a unit for its size, price and floor plan.

Block 819 units per floor · levels 1–18
#01#02#03#04#05#06#07#08#09 L18L17L16L15L14L13L12L11L10L9L8L7L6L5L4L3L2L1

Based on 1,868 sales with a recorded unit number. A sale only appears once a caveat is lodged with URA, and not every buyer lodges one, so a unit with no sale shown is not necessarily available.

Source: Developer brochure; URA caveats, Nov 2026

07 — Location

Near The Florence Residences

MRT stations
NE Kovan 960 m · 12 min walk
NE Hougang 1.2 km · 14 min walk
CR Defu 1.7 km · 21 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
Xinmin Primary School 640 m · 15 min walk
Montfort Junior School 840 m · 17 min walk
Holy Innocents' Primary SchoolPopular 890 m · 14 min walk
Within 2 km
Xinghua Primary School 1.1 km · 18 min walk
Yio Chu Kang Primary School 1.2 km · 25 min walk
Hougang Primary SchoolPopular 1.3 km · 27 min walk
Rosyth SchoolPopular 1.4 km · 26 min walk
CHIJ Our Lady of the Nativity 1.5 km · 22 min walk
Punggol Primary SchoolPopular 1.6 km · 25 min walk
Paya Lebar Methodist Girls' School (Primary)Popular 1.9 km · 32 min walk
Palm View Primary School 1.9 km · 32 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Realty Park 530 m · 6 min
Clinic Joash Family Clinic & Surgery 730 m · 9 min
Supermarket Cold Storage / Giant 1.2 km · 15 min
Hawker centre Kovan Hougang Market and Food Centre 1.4 km · 16 min
Map of the area around The Florence Residences, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

08 — Nearby

Condos and supply around The Florence Residences

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

09 — From Stacked

Read more about The Florence Residences

90 more articles mention The Florence Residences.

Source: Stacked Homes editorial

10 — FAQ

Questions about The Florence Residences

How many years are left on the lease at The Florence Residences?

About 91 years. It is a 99-year lease from 2018.

When was The Florence Residences completed?

2023.

How many units does The Florence Residences have?

1,410 units, up to 18 storeys.

What sizes are the 2-bedroom units?

624 to 753 sq ft across 21 layouts.

What is the price psf at The Florence Residences?

99 sales in the last 12 months averaged $1,895 psf, ranging from $1,594 to $2,141 psf.

What did the latest sale go for?

A 484 sq ft unit sold for $880k ($1,817 psf) on 23 Oct 2026.

How much is the rent at The Florence Residences?

Leases starting Sep 2025–Aug 2026 had a median rent of $3,300 a month ($2,900 for a 1-bedroom, $3,400 for a 2-bedroom and $4,400 for a 3-bedroom). That is an estimated gross yield of about 2.6%, before costs.

What is the nearest MRT station?

Kovan (NE), a 12-minute walk (960 m). Hougang (NE) is 1.2 km away.

Which primary schools are within 1 km?

Xinmin Primary School, 640 m away, Montfort Junior School, 840 m away and Holy Innocents' Primary School, 890 m away.

Who developed The Florence Residences?

Florence Development Pte Ltd. The architect is P&T Consultation Pte. Ltd. and the contractor is Tiong Aik Construction Pte. Ltd.

Answers generated from the data on this page, Nov 2026