Latest Unit Sold: #15-04 on 19-01-2020 See the Balance Units Chart
19-01-2020: Book an Appointment to view The Florence Residences Show Flat and get Direct Developer Price + Discounts.
17-11-2019: Read: New Home Transaction Jumped By Almost 50% In Q3 2019
13-11-2019: Latest: Singapore Surpassed Hong Kong As Preferred Property Investment Destination
06-08-2019: Find out more about the investment opportunities around The Florence Residences with the latest Defu Lane Industrial Transformation.
16-07-2019: Read: 26% Higher New Private Home Sold In June: URA
25-02-2019: Download and view the The Florence Residences E-Brochure.
23-02-2019: The The Florence Residences Gallery have been updated. Check them out!
The Florence Residences – Redefine Home Living
The Florence Residences is set to impress residents in their lifestyle. This remarkable development is near to 2 MRT stations, Kovan and Hougang station. Furthermore, The Florence Residences condominium positions itself uniquely in private landed housing enclave in Kovan and stand out from other developments nearby. For instance, it offers breathtaking unblocked view or pool view from most of the units. Besides, residents of The Florence Residences also get to enjoy awesome facilities and also close to popular local delights, such as Punggol Nasi Lemak and Bee Kee Wanton Noodle.
On top of that, a wide array of good schools are within 1 kilometre from The Florence Residences. As a result, aspiring parents can choose from Xinmin Primary School, Xinghua Primary School and Holy Innocent Primary School.
Signature Lifestyle At The Florence Residences
You will find signature facilities like Onsen Spa, Island Lap Pool coupled with irresistible complementary activities. Consequently, that bring your lifestyle to the next level at The Florence Residences.
By the way, upcoming Hougang Interchange of the Cross Island Line is within 6 minutes walk from the condominium. So owners of The Florence Residences can expect capital appreciations and healthy pool of tenants with future developments carefully planned by government.
Revolutionary Club-Condo Concept
With biophilia theme in mind, The Florence Residences offers space that are well connected for everyone to enjoy.
Generally, picking up new talent at the comfort of your home will also save money for a premium membership. To begin with, workout lesson at Sparring Ring Pavilion boost the cardio strength. Besides, regular culinary classes is best for the Chef aspired. On top of that, flower arrangement class, dance lessons and music lessons are also lined up under the care of professionals.
128 Facilities and 12 Clubs
From outdoor moving screening to cabana dining experience, The Florence Residences delicately organise 128 facilities with 12 clubs under different theme. For instance, Parents can have splashing fun with children at Hydrotherapy Club and also Kids’ Aqua Club.
Also at Gourmet Club, hosting a party can never be easier at Outback Grill for a sumptuous BBQ or enjoy the chill with pizza at Italian Pavilion.
To find out more about how this iconic club condo can bring enjoyments to your lifestyle, check out Home Living Redefined: New Condo Club Concept The Florence Residences @ Kovan.
Work, Life and Play
Accessibility to Work Place
Beside the comprehensive facilities at The Florence Residences, home owners and tenants will also find their work place easily accessible. Ang MoKio Industrial Park, Defu Industrial Estate and Lorong Halus Industrial Park could be just 10 minutes bus ride away.
Particularly, it takes only 8 minutes walk to Kovan MRT which is a stop away from Integrated Transport Hub at Serangoon. On top of that, upcoming Cross Island Line will also shorten the journey dramatically where residents can board the train at Hougang Interchange.
Shopping and Eateries
Shopping and leisure spots namely Nex, Hougang One and Heartland Mall are already serving the community. As a result, residents of The Florence Residences get to enjoy instant convenience when the condominium is ready for occupation.
Besides, Local Delights such as Punggol Nasi Lemak, Heng Long Teochew Porridge, Bee Kee Wanton Mee are as close as 5 minutes walk from The Florence Residences. Otherwise for foodies yearning for more, food centres and international food can also be easily found in the location.
Education For Every Age Group
There’s no doubt schooling options is one of the top priority consideration of every parents. From Little Paddington Preschool to Serangoon Junior College, established institutions are ready to serve children to teenager of every age group. Beside Montfort Junior School and Xinmin Primary School that are within 1Km, Rosyth School is also 5 minutes ride away. To find out more about the schools around The Florence Residences, do check out the location map.
Smart Home Features
Smart Home Features has been gaining popularity in Singapore. Particularly, the latest provision assists home owners in home automation, from remote control away from home to sensor base collaboration.
Specifically, developer of The Florence Residences lay out the Smart Home Integration as part of the construction. Hence it give home owners a straight out of the box and future ready experience.
Smart Home Gateway & Security System
For instance, the Smart Home Gateway can control appliances including Air Conditioning, lighting etc. Also it doubles up as a versatile security system, protecting while we are away. On top of that, units will also feature cloud security camera that is accessible from smart phone.
To begin with, residents get to access the digital lockset via various method including finger print or mobile phone access. Home owner of The Florence Residences can also register their visitors at the ease of mobile app, and a verification code will be sent to the recipient.
Besides, the Smart Home system provided at The Florence Residences is also future proof for addition of appliances controls, including smart plugs, voice control etc.
An Exceptional Residential Enclave
In October 2017, Logan Property paid $629 million to acquire the 386,236sqft massive land from former Florence Regency owners. Through enbloc exersise, total land cost is $842psf per plot ratio, after adding $288.6 million to top up the lease.
The Bid Must Match Valuation Price
Before Logan Property, another developer Kingsford bidded in excess of the reserved price of $600 million. However it fell short of the valuation of $629 million and was unable to proceed according to the collective sales agreement. Sole marketing agency JLL had to look for other interested developer to match the valuation done by Colliers International before the tender closed at September 27. Each owner of the former HUDC estate received $1.84 million to $1.89 million from the sales.
Estimated Breakeven of $1303psf
Under the URA Master Plan, the site has a plot ratio of 2.8 and can build up to gross floor area of 101,244sqft residential units. Besides, the estimated breakeven price of this 99 years leasehold condo is $1303psf according to Edgeprop. When completed, The Florence Residences is expect to enjoy unblocked view located next to landed housing and Hougang Stadium.
The upcoming Florence Residences condominium is sitting on the second site of Logan Property, in addition to a high profile joint venture acquisition of $100.3 billion site at Stirling Road. In short, the said site is the first to cross $100 billion mark under Government Land Sales (GLS) Scheme.
Cheaper Land Cost
Analyst noted the land cost of The Florence Residences is lower than Serangoon Ville enbloc cost of $861psf. Also, it’s significantly lower than $965psf Keppel and WingTai paid for GLS site at Serangoon North Avenue 1. In conclusion they expect the upcoming activities and interests at Serangoon and Bidadari will bring excitements to the area.
Close to 4000 members of public packed The Florence Residences Showflat on Preview Weekend
Close to 4000 members of public swamped the showflat at The Florence Residences during the preview weekend. In particular, this marked a positive turn out for the first mega launch after Chinese New Year. Specifically, the Florence Residences condominium is just 6 minutes walk from future Hougang Interchange and 8 minutes walk from Kovan MRT. Similarly, potential buyers said that they were attracted by the matured amenities as well as the connected transport networks.
Upgraders are among the crowd
Incidently, young couples, small family and multi-generation family were among the crowd. They are looking for an upgrade in lifestyle and spending precious time with their loved ones. Majority of them came from nearby area including SengKang and Hougang. In the meantime, investors were attracted to The Florence Residences due to the affordable quantum compared to the launches nearby.
This 1410 units iconic condo sits on a 389,239sqft land purchased by Logan Property Holdings through enbloc exercise from Florence Regency. It will be ready for occupation by first quarter of 2023. The Florence Residences offers wide array of layout, ranging from 1 bedroom unit to 5 bedroom units to cater different needs of the buyers.
Featuring a club-condo concept, its close integration of facilities and activities allow residents save time and money to complete more important things in life. Hence The Florence Residences will elevate lifestyle to next level through careful planning on building layout and facilities.
In brief, The Florence Residences Indicative pricing is expected to be around $1400psf to $1500psf. As a result, market watcher noted this is a reasonable range compared to the bullish launches in the nearby location.
The Florence Residences is yet another iconic condominium developed the international developer, Logan Property Holdings. The developer is committed to bring the best value in housing to people with experience in developing real estate in larger scale for the past 23 years. They’ve earned themselves numerous awards internationally with their dedication to value adding. Striving to impress, Logan Property is constructing The Florence Residences under the concept of biophillic design. This will increase connectivity to the natural environment through the use of direct nature as well as indirect nature, also space and place conditions.
Owner will be impressed by the facilities and features provided by the developer under the attractive pricing.
The Florence Residences is at in the heart of Kovan & Hougang Estate, residents can easily hop on to Kovan MRT or Hougang MRT. This condominium will surely satisfy future owners and tenants who are looking to enjoy the amenities in the location including shopping malls, famous school and more. For drivers, you will enter Central Expressway (CTE) and Kallang-Paya Lebar Expressway (KPE) with breeze.
Beside the benefit of upcoming Cross Island Line, this condominium is also at the heart of multiple transformations including Bidadari rejuvenation, Seletar Aerospace Roadmap, Defu Industrial & Lorong Halus Industrial Transformation and many more. No doubt it is an ideal option for capital appreciation and rental return.
You can find out detailed amenities in the vicinity with the location map.
The developer has prepared the Showflat units of Florence Residences with due care to showcase their dedication to quality and innovation. You will find exquisite finishing and creative space saving ideas throughout the show units.
Note: Online registrants who have booked an appointment here will be given Direct Developer Price and need not pay any commission. Please note that units for sale at The Florence Residences are on first come first serve basis.
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