The Florence Residences is a new, 99-year leasehold launch at Hougang Avenue 2. This is within the mature estate of Kovan (District 19). The Florence Residences, by Logan Property, sits on the 386,000+ square foot plot of the former Florence Regency HUDC.
This land plot is directly across the road from Hougang Stadium, and roughly a six minute walk to either Hougang or Kovan MRT stations. The completion of the Cross-Island line will see Hougang MRT turned into a major interchange, intersecting with the North East Line. This can significantly boost property values in the area.
The Florence Residences will be one train stop away from the new Defu Station, on the Cross-Island line. Investors should note that it’s close by to a major business park, as well as Seletar Aerospace Park. The high concentration of jobs in the area can provide a steady flow of tenants.
As Kovan has been built up over many years, there are several amenities close to The Florence Residences. The Kovan food centre is within striking distance (eightminutes’ walk), as are numerous local eateries like the famous Punggol Nasi Lemak.
For retail, residents of The Florence Residences are close to both Heartland Mall and Hougang Mall.
With over 1,400 units and a Gross Plot Ratio of 2.8, The Florence Residences is one of the largest developments in recent years. The high number is good for owners, as it means maintenance costs are share out among more households.
An exclusive private club at your doorstep
The Florence Residences is built to evoke the feel of an exclusive private club – the development has a dazzling array of 128 different facilities, including a yacht club, gourmet club, Hydrotherapy club, sparring ring, and more. This is in addition to the usual suite of condo facilities, such as pools, gyms, and BBQ pits.
The Club-Condo concept also includes community activities – resident members have free access to two years of courses, which can be booked via a smart app. Classes include banking, dance, floral arrangement, and others.
Residents can count on never being bored, even if they stay home all week.
- Buyers looking for long term gain, from the emergence of the cross-island line
- Landlords looking for easily rentable properties (due to the built-up amenities
of Kovan, and the nearby business park)
- Buyers who make active use of their condo facilities (the unusually extensive
list of facilities is one of the main selling points)
Reserve the best units in The Florence Residences on 99.co today.
- Around six minutes from either Kovan or Hougang MRT stations
- Eight minutes’ walk from Kovan Food Centre
- Close to Heartland Mall and Hougang Mall
- Many good schools nearby, including Holy Innocents’ High School, Monfort
Junior School, and Xinmin Primary and Secondary schools.
67-91 Florence Rd, 549551
81 Hougang Avenue 2, 538859|
Hougang Ave 2|
16 Feb 2019|
9 Mar 2019|
Gross floor area||
9,334.0 sqm, 100,471.0 sqft|
Florence Development Pte. Ltd.|