FLORENCE TERRACE Review

Condo Review 4 min read Last reviewed
District 19 · 999 yrs lease commencing from 1875
Avg PSF (12-month)
Total units
Category Ratings
Walkability
7.0
En-Bloc Potential
1.7
ShiokNest Score
2.3

Overview & Key Facts

FLORENCE TERRACE is a 999 yrs lease commencing from 1875 condominium at FLORENCE ROAD in District 19 (OCR), developed by .

Developer
Tenure
999 yrs lease commencing from 1875
Total units
TOP year
District
19 — OCR
Street
FLORENCE ROAD

Location & Connectivity

FLORENCE TERRACE is approximately 440m from Kovan MRT station, with 2 stations within 1.5 km.

MRT stations near FLORENCE TERRACE
StationLineDistance
KovanNorth-East Line440m
HougangNorth-East Line1.1 km

Schools & Education

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

Schools near FLORENCE TERRACE
SchoolTypeDistance
Holy Innocents' Primary SchoolPrimary80m
Holy Innocents' High SchoolSecondary110m
St. Gabriel's Primary SchoolPrimary370m
Xinmin Primary SchoolPrimary410m
Hougang Primary SchoolPrimary460m
Hougang Secondary SchoolSecondary480m
Xinmin Secondary SchoolSecondary560m
Montfort Secondary SchoolSecondary730m

Market Position

FLORENCE TERRACE has recorded 1 sales at an average price of $3,168,000.

FLORENCE TERRACE sits at the 45th percentile of District 19 condo PSF.
Avg PSF (12mo)
$3,168,000
Avg Price
1
Total Sales

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

  • With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.

Who This Actually Suits

This is a strong match for families with young children and cbd walking distance. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

young couples (no kids), empty nesters / downsizers and long-term hold (10+ yr) should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for yield-focused investors — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

FLORENCE TERRACE is a 999 yrs lease commencing from 1875 development in District 19 (OCR).

Explore the full FLORENCE TERRACE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Hougang — 4-room average $630,510 (270m away), an upgrader gap of about $2,550,000
  • Serangoon — 4-room average $685,706 (1.2 km away), an upgrader gap of about $2,500,000
  • Sengkang — 4-room average $658,294 (2 km away), an upgrader gap of about $2,500,000

FAQ

What is the average PSF for FLORENCE TERRACE?
PSF data is not yet available.
Is FLORENCE TERRACE freehold?
FLORENCE TERRACE has a 999 yrs lease commencing from 1875 tenure.
What is the rental yield for FLORENCE TERRACE?
Insufficient rental data.
Which MRT is nearest to FLORENCE TERRACE?
The nearest is Kovan MRT at 440m.

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: 1 transactions
  • Rental data: 0 leases
  • Source: URA REALIS

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

Data as of July 2021

Latest recorded data point: Jul 2021 · 1 records analysed · Source: URA private-sale caveats

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