FLORENCE GROVE Review

Condo Review 4 min read Last reviewed
District 19 · Freehold
~$2,097Avg PSF (12-month)
Total units
Category Ratings
Walkability
7.5
Investment
4.0
En-Bloc Potential
1.7
ShiokNest Score
2.9

Overview & Key Facts

FLORENCE GROVE is a freehold condominium at FLORENCE CLOSE in District 19 (OCR), developed by .

Developer
Tenure
Freehold
Total units
TOP year
District
19 — OCR
Street
FLORENCE CLOSE

Location & Connectivity

FLORENCE GROVE is approximately 250m from Kovan MRT station, with 2 stations within 1.5 km.

MRT stations near FLORENCE GROVE
StationLineDistance
KovanNorth-East Line250m
HougangNorth-East Line1.2 km

Schools & Education

19 schools within 2 km (11 within 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

Unit Mix & Pricing

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

Market Position

FLORENCE GROVE has recorded 8 sales at an average price of $4,820,750.

FLORENCE GROVE sits at the 96th percentile of District 19 condo PSF.
$2,097 psf
Avg PSF (12mo)
$4,820,750
Avg Price
1.1%
Gross Yield
8
Total Sales

Price Appreciation

PSF trend for FLORENCE GROVE
YearSalesAvg PSFYoY
20211$2,316 psf
20222$2,472 psf↑ 6.7%
20242$1,748 psf↓ 29.3%
20252$1,712 psf↓ 2.1%
20261$2,866 psf↑ 67.4%

Loading chart data...

FLORENCE GROVE prices sit at a fresh series high after a 67.4% gain on the prior period, now 23.7% 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.

Loading chart data...


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 3 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.

Who This Actually Suits

Buyers most likely to be happy here: families with young children, mrt-walkable commuters and freehold / generational hold. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

For multi-generational families and first-time hdb upgraders, it can work — but weigh the trade-offs before committing.

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


Verdict

FLORENCE GROVE is a freehold development in District 19 (OCR), offering a gross yield of 1.1%.

At ~$2,097 psf, it represents a competitive entry point in the OCR segment.

Explore the full FLORENCE GROVE dashboard for interactive analytics.

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

FAQ

What is the average PSF for FLORENCE GROVE?
The 12-month average is approximately $2,097 psf.
Is FLORENCE GROVE freehold?
Yes, FLORENCE GROVE is a freehold property.
What is the rental yield for FLORENCE GROVE?
The estimated gross yield is 1.1%.
Which MRT is nearest to FLORENCE GROVE?
The nearest is Kovan MRT at 250m.

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: 8 transactions
  • Rental data: 7 leases
  • Source: URA REALIS

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

Data as of February 2026

Latest recorded data point: Feb 2026 · 8 records analysed · Source: URA private-sale caveats

👍Helpful0💡Insightful0📅Outdated0
Related Properties: