FIORENZA Review

Condo Review 5 min read Last reviewed
District 19 · Freehold · Completed 2012
~$1,504Avg PSF (12-month)
28Total units
Category Ratings
Walkability
7.0
Investment
4.0
En-Bloc Potential
3.4
ShiokNest Score
3.2

Overview & Key Facts

FIORENZA is a freehold condominium at FLORENCE ROAD in District 19 (OCR), developed by KOH BROTHERS DEVELOPMENT PTE LTD, comprising 28 units, completed in 2012.

Developer
KOH BROTHERS DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
28
TOP year
2012
District
19 — OCR
Street
FLORENCE ROAD

Location & Connectivity

FIORENZA is approximately 400m from Kovan MRT station, with 2 stations within 1.5 km.

MRT stations near FIORENZA
StationLineDistance
KovanNorth-East Line400m
HougangNorth-East Line1.1 km

Schools & Education

19 schools within 2 km (9 within 1 km priority zone).

Schools near FIORENZA
SchoolTypeDistance
Holy Innocents' Primary SchoolPrimary40m
Holy Innocents' High SchoolSecondary80m
St. Gabriel's Primary SchoolPrimary320m
Hougang Primary SchoolPrimary420m
Xinmin Primary SchoolPrimary430m
Hougang Secondary SchoolSecondary430m
Xinmin Secondary SchoolSecondary570m
Montfort Secondary SchoolSecondary690m

Unit Mix & Pricing

Unit mix for FIORENZA
TypeSalesAvg PSFAvg Price
2 BR3$1,378 psf$1,156,667
3 BR4$1,247 psf$1,578,000
4 BR3$1,297 psf$1,882,667
5+ BR1$1,312 psf$2,500,000

Market Position

FIORENZA has recorded 11 sales at an average price of $1,630,000.

FIORENZA sits at the 41st percentile of District 19 condo PSF.
$1,504 psf
Avg PSF (12mo)
$1,630,000
Avg Price
2.6%
Gross Yield
11
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at FIORENZA typically rent harder per dollar of purchase price:

Per-bedroom gross yield at FIORENZA
TypeAvg RentAvg PriceGross Yield
2 BR$3,295/mo$1,156,6673.42%
3 BR$3,793/mo$1,578,0002.88%

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Price Appreciation

PSF trend for FIORENZA
YearSalesAvg PSFYoY
20214$1,218 psf
20223$1,290 psf↑ 5.9%
20232$1,286 psf↓ 0.3%
20252$1,504 psf↑ 16.9%

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FIORENZA prices sit at a fresh series high after a 16.9% gain on the prior period, now 23.5% above the 2021 starting level.

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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Neighbourhood Comparison

District 19 competitors
CondoTenureAvg PSFSales
CHUAN PARK99 yrs lease commencing from 2024$2,596 psf883
THE FLORENCE RESIDENCES99 yrs lease commencing from 2018$1,751 psf869
RIVERFRONT RESIDENCES99 yrs lease commencing from 2018$1,595 psf642
AFFINITY AT SERANGOON99 yrs lease commencing from 2018$1,699 psf602
SERANGOON GARDEN ESTATEFreehold$1,757 psf487

What Could Work Against You

  • Only 1 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
  • At 28 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

Buyers most likely to be happy here: families with young children, mrt-walkable commuters, p1 school balloting families and quiet sanctuary seekers. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

yield-focused investors, short-term flippers (<5 yr) and resort facilities should probably look elsewhere. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

FIORENZA is a freehold development in District 19 (OCR), with 28 units, offering a gross yield of 2.6%.

At ~$1,504 psf, it represents a competitive entry point in the OCR segment.

Explore the full FIORENZA dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing FIORENZA 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 $1,000,000
  • Serangoon — 4-room average $685,706 (1.3 km away), an upgrader gap of about $950,000

FAQ

What is the average PSF for FIORENZA?
The 12-month average is approximately $1,504 psf.
Is FIORENZA freehold?
Yes, FIORENZA is a freehold property.
What is the rental yield for FIORENZA?
The estimated gross yield is 2.6%.
Which MRT is nearest to FIORENZA?
The nearest is Kovan MRT at 400m.

Sources & Next Steps

Methodology & Sources

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

Transaction data sourced from URA REALIS.

  • Sales data: 11 transactions
  • Rental data: 17 leases
  • Source: URA REALIS

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

Data as of August 2025

Latest recorded data point: Aug 2025 · 11 records analysed · Source: URA private-sale caveats

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