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The Florentine

Apartment · District 19 (Serangoon Gardens / Hougang / Punggol) · Outside Central Region · 947-year lease (855 yrs left) · Updated Apr 2026

The Florentine is a 947-year lease (855 yrs left) apartment development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 13 recorded private transactions. Latest sale: $2,288,000 (Apr 2026, 166 sqm, floors 01-05). Median $1,280/sqft. Prices up 31.9% over the period. 855 years lease remaining.

Latest Sale
$2,288,000
Apr 2026 · 166 sqm
Median Price
$1,280/sqft
$1,650,500 typical unit
Transactions
13
$939–$1,419 psf
Price Trend
▲ 31.9%
~5.9% a year

Where The Florentine ranks in District 19

All 148 projects ›
Median psf
#104 / 148
Typical unit price
#35 / 148
Most recent sale
#24 / 148
Price growth
#46 / 126

Median psf over time

Estimate a unit at The Florentine

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

Estimated value
Project forward
Market growth +5.9%/yr
Lease decay −0.00%/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

855 yrs
Remaining lease
0.00%
Annual decay (Bala's Table)
1934
Lease commenced

947-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.00% a year.

Recent transactions

DateFloorType AreaPricepsf
Apr 2026 01-05 Resale 166 sqm $2,288,000 $1,280
Nov 2025 01-05 Resale 110 sqm $1,680,000 $1,419
Jul 2025 01-05 Resale 110 sqm $1,600,000 $1,351
Mar 2025 01-05 Resale 110 sqm $1,650,500 $1,394
Jun 2024 01-05 Resale 110 sqm $1,550,000 $1,309
Apr 2024 01-05 Resale 115 sqm $1,650,000 $1,333
Oct 2022 01-05 Resale 116 sqm $1,380,000 $1,105
Sep 2022 01-05 Resale 89 sqm $1,250,000 $1,305
Dec 2021 01-05 Resale 98 sqm $1,250,000 $1,185
Nov 2021 01-05 Resale 193 sqm $2,127,872 $1,024
Nov 2021 01-05 Resale 166 sqm $1,800,000 $1,007
Oct 2021 01-05 Resale 166 sqm $1,830,000 $1,024
Jun 2021 01-05 Resale 186 sqm $1,880,000 $939
Showing 13 of 13 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About The Florentine

The Florentine is a 947-year leasehold development with its lease commencing in 1934 and about 855 years remaining in District 19 (Serangoon Gardens / Hougang / Punggol), within the Outside Central Region of Singapore. It has a thinner transaction history, with 13 recorded apartment transactions between 2021-06 and 2026-04, ranging from $1,250,000 to $2,288,000. The most recent transaction was a 166 sqm unit (floors 01-05) sold for $2,288,000 in 2026-04, and the median price is $1,280 per square foot. Prices here have risen sharply, by about 31.9% over the period (around 5.9% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 855 years remaining is 1.0000, an annual lease decay of about 0.00%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at The Florentine cost?

The most recent transaction at The Florentine was $2,288,000 for a 166 sqm unit in 2026-04. The median price is $1,280 per square foot across 13 transactions, ranging from $1,250,000 to $2,288,000. Data sourced from URA.

Is The Florentine freehold or leasehold?

The Florentine is on a 947-year lease commencing in 1934, with approximately 855 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.00%.

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

The median price at The Florentine is $1,280 psf, with transactions ranging from $939 to $1,419 psf. This is based on 13 URA-recorded transactions in District 19.

Have prices at The Florentine gone up or down?

Prices at The Florentine have increased by approximately 31.9% over the data period (around 5.9% a year). The median price is currently $1,280 psf, with the most recent sale at $2,288,000 in 2026-04.