FLORAVILLE Review

Condo Review 4 min read Last reviewed
District 28 · Freehold · Completed 2018
~$1,514Avg PSF (12-month)
50Total units
Category Ratings
Walkability
2.3
Investment
4.2
En-Bloc Potential
3.4
ShiokNest Score
3.0

Overview & Key Facts

FLORAVILLE is a freehold condominium at CACTUS ROAD in District 28 (OCR), developed by OXLEY YCK PTE LTD, comprising 50 units, completed in 2018.

Developer
OXLEY YCK PTE LTD
Tenure
Freehold
Total units
50
TOP year
2018
District
28 — OCR
Street
CACTUS ROAD

Location & Connectivity

FLORAVILLE is approximately 1320m from Yio Chu Kang MRT station.

MRT stations near FLORAVILLE
StationLineDistance
Yio Chu KangNorth-South Line1.3 km

Schools & Education

2 schools within 2 km.

Schools near FLORAVILLE
SchoolTypeDistance
Nanyang PolytechnicTertiary1.3 km
Institute of Technical Education (College Central)Tertiary1.7 km

Unit Mix & Pricing

Unit mix for FLORAVILLE
TypeSalesAvg PSFAvg Price
Studio4$1,626 psf$652,500
1 BR6$1,486 psf$913,167
2 BR4$1,421 psf$1,143,750
3 BR1$1,261 psf$1,520,000
4 BR2$1,365 psf$1,940,000

Market Position

FLORAVILLE has recorded 17 sales at an average price of $1,062,588.

FLORAVILLE sits at the 65th percentile of District 28 condo PSF.
$1,514 psf
Avg PSF (12mo)
$1,062,588
Avg Price
3.1%
Gross Yield
17
Total Sales

Rental Yield by Bedroom Type

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

Per-bedroom gross yield at FLORAVILLE
TypeAvg RentAvg PriceGross Yield
1 BR$2,250/mo$913,1672.96%
2 BR$2,817/mo$1,143,7502.96%
3 BR$3,255/mo$1,520,0002.57%

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Price Appreciation

PSF trend for FLORAVILLE
YearSalesAvg PSFYoY
20211$1,243 psf
20225$1,430 psf↑ 15.0%
20234$1,561 psf↑ 9.2%
20244$1,479 psf↓ 5.3%
20253$1,514 psf↑ 2.4%

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FLORAVILLE prices have cooled 3.0% from the 2023 peak, yet remain 21.8% above where the series began in 2021. The most recent period recovered 2.4%, so the pullback may be finding a floor.

Price Index Check

The ShiokNest Price Index for District 28 reads 163.6 as of June 2026 — down 1.7% 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 28 competitors
CondoTenureAvg PSFSales
PARC GREENWICH99 yrs lease commencing from 2020$1,234 psf496
HIGH PARK RESIDENCES99 yrs lease commencing from 2014$1,486 psf418
THE TOPIARY99 yrs lease commencing from 2012$1,224 psf403
PARC BOTANNIA99 yrs lease commencing from 2016$1,595 psf214
SELETAR HILLS ESTATE999 yrs lease commencing from 1879$1,507 psf203

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 50 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: car-owning households, sports / active lifestyle, yield-focused investors and long-term hold (10+ yr). Parking and arterial road access matter more here than walking-distance MRT.

One caution flagged here: avoid if mrt-dependent — MRT is ~1324m away — over a 15-minute walk. Daily transit-only commuters should consider better-connected alternatives.


Verdict

FLORAVILLE is a freehold development in District 28 (OCR), with 50 units, offering a gross yield of 3.1%.

At ~$1,514 psf, it represents a competitive entry point in the OCR segment.

Explore the full FLORAVILLE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Ang Mo Kio — 4-room average $724,816 (1.4 km away), an upgrader gap of about $350,000

FAQ

What is the average PSF for FLORAVILLE?
The 12-month average is approximately $1,514 psf.
Is FLORAVILLE freehold?
Yes, FLORAVILLE is a freehold property.
What is the rental yield for FLORAVILLE?
The estimated gross yield is 3.1%.
Which MRT is nearest to FLORAVILLE?
The nearest is Yio Chu Kang MRT at 1.3 km.

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: 17 transactions
  • Rental data: 66 leases
  • Source: URA REALIS

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

Data as of July 2025

Latest recorded data point: Jul 2025 · 17 records analysed · Source: URA private-sale caveats

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