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The Florence Residences

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

The Florence Residences is a 99-year lease (91 yrs left) apartment development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 687 recorded private transactions. Latest sale: $1,262,888 (Sep 2026, 62 sqm, floors 06-10). Median $1,776/sqft. Prices up 9.6% over the period. 91 years lease remaining.

Latest Sale
$1,262,888
Sep 2026 · 62 sqm
Median Price
$1,776/sqft
$1,270,000 typical unit
Transactions
687
$1,365–$2,141 psf
Price Trend
▲ 9.6%
~1.9% a year

Where The Florence Residences ranks in District 19

All 145 projects ›
Median psf
Top 12%
#17 / 145 Top 12%
Typical unit price
Top 71%
#103 / 145 Top 71%
Most recent sale
Top 72%
#105 / 145 Top 72%
Price growth
Top 83%
#106 / 127 Top 83%

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 +1.9%/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 $1,713 160
06-10 $1,775 177
11-15 $1,838 186
16-20 $1,777 164

Recent transactions

DateFloorType AreaPricepsf
Sep 2026 06-10 Resale 62 sqm $1,262,888 $1,892
Sep 2026 06-10 Resale 87 sqm $1,820,000 $1,943
Sep 2026 16-20 Resale 62 sqm $1,325,000 $1,985
Sep 2026 11-15 Resale 62 sqm $1,272,000 $1,906
Sep 2026 01-05 Resale 62 sqm $1,230,000 $1,843
Sep 2026 01-05 Resale 67 sqm $1,180,000 $1,636
Sep 2026 11-15 Resale 49 sqm $935,000 $1,773
Sep 2026 06-10 Resale 62 sqm $1,300,000 $1,948
Sep 2026 11-15 Resale 62 sqm $1,313,000 $1,967
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 06-10 Resale 59 sqm $1,175,000 $1,850
Aug 2026 11-15 Resale 67 sqm $1,490,000 $2,066
Aug 2026 11-15 Resale 92 sqm $2,120,000 $2,141
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 01-05 Resale 49 sqm $868,001 $1,646
Jul 2026 01-05 Resale 45 sqm $835,000 $1,724
Jul 2026 11-15 Resale 85 sqm $1,920,000 $2,099
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 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
Showing 25 of 687 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 $1,776 psf median dearer than roughly 89% of projects in the district. It has a busy transaction history, with 687 sales between 2021-10 and 2026-09, ranging from $720,000 to $3,420,000. The most recent transaction was a 62 sqm unit (floors 06-10) at $1,262,888 in Sep 2026, and the median is $1,776 psf. Prices have risen around 9.6% over the period (about 1.9% 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 $1,262,888 for a 62 sqm unit in 2026-09. The median price is $1,776 per square foot across 687 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 $1,776 psf, with transactions ranging from $1,365 to $2,141 psf. This is based on 687 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 9.6% over the data period (around 1.9% a year). The median price is currently $1,776 psf, with the most recent sale at $1,262,888 in 2026-09.