The most important acquisition avenue is via buying new flats straight from the HDB. High rise public housing buildings can be found over the majority of the area, alongside private condominium apartments. The Florence Residences prices will offer HDB home owners an attractive option to upgrade to private condominium at amazing low psf (per square foot).
The developer Logan Property acquired the land for redevelopment through collective sales of Florence Regency HUDC in Sep 2018. The breakeven price from the successful en bloc works out to $842 psf ppr. With the plot ratio of 2.8, the developer is building 1410 residential units. The launch price of each unit is from as low as $1,100 to $1,300 psf, making The Florence Residences one of the most affordable new launch condo in District 19.
There’s also a three Bedroom showflat to showcase the layout for family living for upgraders that are seeking to remain in The Gazania Bartley owing to its location near to a lot of schools and city fringe location. There’s likewise lots of space for your prized car. The area delivers nearby utility exchange that makes the place for a transport.
There are eight main schools within a 1 km radius. Transportation and accessibility to Florence Residences has all it can take to be considered a very good location when it comes to connectivity. Developments like Rosyth School together with Hougang MRT station which are within walking distance are common reasons parents favour the Florence Residences location.
Let’s look at the bonus of having smart home provision in every apartment unit inside Florence Residences. The smart home setup is provided and installed to bring residents a higher level of automation, convenience and ease. It’s a new development in Hougang mature estate where for a lengthy time no big development has happened.
A common project should take about 2-3 years to be built and prepared for keys collection. Florence Residences is developed on former en bloc site of Florence Regency, which means it will take one year longer. However, with all the luxury and quality lifestyle that awaits the owners of Florence Residences, it is well worth the wait.