Overview & Key Facts
FLORIDA PARK is a freehold condominium at SUNRISE AVENUE in District 28 (OCR), developed by BULLION HOLDINGS PTE LTD (FAR EAST ORGANIZATION), comprising 122 units, completed in 1993.
Location & Connectivity
FLORIDA PARK is located in District 28. Check the dashboard for full transport connectivity data.
Schools & Education
2 schools within 2 km.
| School | Type | Distance |
|---|---|---|
| Nanyang Polytechnic | Tertiary | 1.3 km |
| Institute of Technical Education (College Central) | Tertiary | 1.8 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 4 BR | 4 | $1,960 psf | $3,405,673 |
| 5+ BR | 11 | $1,287 psf | $4,617,636 |
Market Position
FLORIDA PARK has recorded 15 sales at an average price of $4,294,446.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 4 | $1,051 psf | — |
| 2022 | 4 | $1,810 psf | ↑ 72.1% |
| 2023 | 1 | $1,457 psf | ↓ 19.5% |
| 2024 | 3 | $1,493 psf | ↑ 2.5% |
| 2025 | 3 | $1,538 psf | ↑ 3.0% |
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From the 2022 high, FLORIDA PARK prices have given back 15.0% — still 46.3% above the 2021 baseline. The most recent period recovered 3.0%, 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
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| PARC GREENWICH | 99 yrs lease commencing from 2020 | $1,234 psf | 496 |
| HIGH PARK RESIDENCES | 99 yrs lease commencing from 2014 | $1,486 psf | 418 |
| THE TOPIARY | 99 yrs lease commencing from 2012 | $1,224 psf | 403 |
| PARC BOTANNIA | 99 yrs lease commencing from 2016 | $1,595 psf | 214 |
| SELETAR HILLS ESTATE | 999 yrs lease commencing from 1879 | $1,507 psf | 203 |
What Could Work Against You
- With just 1 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- At 33+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.
Best suited for
Who This Actually Suits
The profile fits multi-generational families, car-owning households, quiet sanctuary seekers and long-term hold (10+ yr) best. Larger unit configurations or dual-key layouts make this viable for 3-generation households.
For nature / park-fronting and foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.
families with young children, sports / active lifestyle and yield-focused investors should probably look elsewhere. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
One caution flagged here: avoid if mrt-dependent — MRT is ~1575m away — over a 15-minute walk. Daily transit-only commuters should consider better-connected alternatives.
Verdict
FLORIDA PARK is a freehold development in District 28 (OCR), with 122 units, offering a gross yield of 1.6%.
At ~$1,538 psf, it represents a competitive entry point in the OCR segment.
Explore the full FLORIDA PARK dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing FLORIDA PARK against staying public? These HDB towns sit within walking or short-drive distance:
- Sengkang — 4-room average $658,294 (1.5 km away), an upgrader gap of about $3,650,000
- Ang Mo Kio — 4-room average $724,816 (1.7 km away), an upgrader gap of about $3,550,000
FAQ
What is the average PSF for FLORIDA PARK?
Is FLORIDA PARK freehold?
What is the rental yield for FLORIDA PARK?
Sources & Next Steps
- FLORIDA PARK Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 28 (Seletar) — District 28 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 15 transactions
- Rental data: 25 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Sep 2025 · 15 records analysed · Source: URA private-sale caveats