FLORENCE GROVE

Condo Profile 5 min read Last reviewed
For: First-time buyersInvestorsHDB upgraders
Source: URA REALIS
TL;DR
FLORENCE GROVE is a freehold condominium in D19 (Outside Central Region). Average price: $4,820,750. Gross yield: 1.1%.

We track 8 sales and 7 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the FLORENCE GROVE dashboard.

Data as of July 2026
Key Takeaways
  • Average sale price: $4,820,750 across 8 transactions
  • Estimated gross rental yield: 1.1%
  • District 19 PSF ranking: Premium tier (top 5%)
  • Freehold tenure · OCR · D19

About FLORENCE GROVE

FLORENCE GROVE is a freehold condominium, located at FLORENCE CLOSE in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region).

As a freehold property, FLORENCE GROVE does not face lease decay concerns.

D19
District
OCR
Outside Central Region
TOP Year
1.1%
Gross Yield

Unit Mix Distribution

Transaction data breakdown by bedroom type at FLORENCE GROVE:

Unit mix for FLORENCE GROVE
TypeSalesAvg PSFAvg Price
4 BR3$2,352 psf$3,966,000
5+ BR5$1,998 psf$5,333,600
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Sales Market Overview

$4,820,750
Avg Price
$3,468,000
Lowest Sale
$6,950,000
Highest Sale
8
Total Sales

FLORENCE GROVE has recorded 8 sale transactions with an average transaction price of $4,820,750, ranging from $3,468,000 to $6,950,000.

Price & PSF trend for FLORENCE GROVE
YearSalesAvg PSFAvg PriceYoY
20211$2,316 psf$3,780,000
20222$2,472 psf$4,690,000↑ 6.7%
20242$1,748 psf$5,325,000↓ 29.3%
20252$1,712 psf$4,278,000↓ 2.1%
20261$2,866 psf$6,200,000↑ 67.4%

FLORENCE GROVE ranks in the top 5% of condos in District 19 by average PSF.

Compared to the OCR average of $1,550 psf, FLORENCE GROVE trades 37.4% above the segment benchmark.

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Rental Market Overview

$4,414/mo
Avg Rent
$3,200/mo
Lowest
$6,000/mo
Highest
7
Total Leases

FLORENCE GROVE has recorded 7 rental transactions with monthly rents averaging $4,414/mo.

Rental rates by bedroom for FLORENCE GROVE
TypeLeasesAvg RentMinMax
Studio7$4,414/mo$3,200/mo$6,000/mo
Rental trend for FLORENCE GROVE
YearLeasesAvg Rent
20211$3,400/mo
20224$4,250/mo
20241$4,500/mo
20261$6,000/mo

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🧮Estimate Rental Yield for FLORENCE GROVE

Investment Analysis

Based on average rents and sale prices, FLORENCE GROVE delivers an estimated gross rental yield of 1.1%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.

Investment Verdict: Below Average Yield
FLORENCE GROVE offers a gross rental yield of 1.1% in District 19.

Competing Condos in District 19

Side-by-side comparison against the most actively traded condos in District 19 (Punggol, Hougang, Serangoon Gardens):

District 19 condo comparison
CondoTenureUnitsAvg PSFSales
CHUAN PARK99 yrs lease commencing from 2024916$2,596 psf868
THE FLORENCE RESIDENCES99 yrs lease commencing from 20181410$1,746 psf849
RIVERFRONT RESIDENCES99 yrs lease commencing from 20181451$1,590 psf629
AFFINITY AT SERANGOON99 yrs lease commencing from 20181012$1,699 psf597
SERANGOON GARDEN ESTATEFreehold$1,742 psf467

Location Map

Map shows FLORENCE GROVE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.

  • FLORENCE GROVE
  • Kovan MRT
  • Hougang MRT
  • Holy Innocents&#039
  • Holy Innocents&#039
  • St. Gabriel&#039

Nearby MRT Stations

FLORENCE GROVE is 250m from Kovan MRT (North-East Line), with 2 stations within 1.5 km.

MRT stations near FLORENCE GROVE
StationCodeLineDistance
KovanNE13North-East Line250m
HougangNE14North-East Line1.2 km

Nearby Schools

There are 19 schools within 2 km of FLORENCE GROVE, including 11 within the 1 km priority zone.

Schools near FLORENCE GROVE
SchoolTypeDistance
Holy Innocents' High SchoolSecondary110m
Holy Innocents' Primary SchoolPrimary160m
St. Gabriel's Primary SchoolPrimary170m
Hougang Secondary SchoolSecondary350m
Hougang Primary SchoolPrimary380m
Xinmin Primary SchoolPrimary450m
Montfort Secondary SchoolSecondary520m
Xinmin Secondary SchoolSecondary560m
Montfort Junior SchoolPrimary630m
Zhonghua Primary SchoolPrimary890m
Zhonghua Secondary SchoolSecondary970m
Rosyth SchoolPrimary1.2 km

FAQ

What is the average price for FLORENCE GROVE?
The average transaction price is $4,820,750 across 8 sales.
What is the rental yield for FLORENCE GROVE?
The estimated gross yield is 1.1%.
Is FLORENCE GROVE freehold or leasehold?
FLORENCE GROVE is a freehold property.

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 8 transactions analysed
  • Rental data: 7 lease records analysed
  • Gross yield = (avg monthly rent × 12) / avg sale price

Median values used to minimise outlier impact. PSF = price per square foot.

View Live Data for FLORENCE GROVE

Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.

Open FLORENCE GROVE Dashboard →

New Sale vs Resale Mix

Of the 2,426 condo transactions recorded in District 19 over the last 12 months, 93% resale, 5% new sale, 2% sub sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.

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Price Index Check

The ShiokNest Price Index for District 19 reads 137.0 as of June 2026 — up 2.0% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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HDB Alternatives Nearby

Weighing FLORENCE GROVE against staying public? These HDB towns sit within walking or short-drive distance:

  • Hougang — 4-room average $630,510 (300m away), an upgrader gap of about $4,200,000
  • Serangoon — 4-room average $685,706 (1.4 km away), an upgrader gap of about $4,150,000
🧮Affordability Calculator
Can you afford FLORENCE GROVE? Average price: $4,820,750
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