FLORIDIAN Review

Condo Review 5 min read Last reviewed
District 21 · Freehold · Completed 2011
~$2,478Avg PSF (12-month)
336Total units
Category Ratings
Walkability
4.5
Investment
6.1
En-Bloc Potential
3.5
ShiokNest Score
6.2

Overview & Key Facts

FLORIDIAN is a freehold condominium at BUKIT TIMAH ROAD in District 21 (RCR), developed by WING TAI ASIA/ORCHARD PARADE HOLDINGS LTD, comprising 336 units, completed in 2011.

Developer
WING TAI ASIA/ORCHARD PARADE HOLDINGS LTD
Tenure
Freehold
Total units
336
TOP year
2011
District
21 — RCR
Street
BUKIT TIMAH ROAD

Location & Connectivity

FLORIDIAN is approximately 420m from King Albert Park MRT station, with 3 stations within 1.5 km.

MRT stations near FLORIDIAN
StationLineDistance
King Albert ParkDowntown Line420m
Sixth AvenueDowntown Line1.3 km
Beauty WorldDowntown Line1.4 km

Schools & Education

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

Schools near FLORIDIAN
SchoolTypeDistance
Australian International SchoolInternational500m
Henry Park Primary SchoolPrimary930m
Anglo-Chinese Junior CollegeJc1.1 km
Ngee Ann PolytechnicTertiary1.1 km
Hwa Chong International SchoolInternational1.2 km
Hwa Chong InstitutionSecondary1.2 km
Hwa Chong Institution (JC)Jc1.2 km
Singapore University of Social SciencesTertiary1.2 km

Unit Mix & Pricing

Unit mix for FLORIDIAN
TypeSalesAvg PSFAvg Price
2 BR11$2,241 psf$2,040,527
3 BR13$2,251 psf$2,598,462
4 BR29$2,270 psf$3,890,207
5+ BR6$1,847 psf$4,490,000

Market Position

FLORIDIAN has recorded 59 sales at an average price of $3,321,725.

FLORIDIAN sits at the 88th percentile of District 21 condo PSF.
$2,478 psf
Avg PSF (12mo)
$3,321,725
Avg Price
2.3%
Gross Yield
59
Total Sales

Rental Yield by Bedroom Type

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

Per-bedroom gross yield at FLORIDIAN
TypeAvg RentAvg PriceGross Yield
2 BR$4,250/mo$2,040,5272.50%
3 BR$7,201/mo$2,598,4623.33%
4 BR$9,042/mo$3,890,2072.79%

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Price Appreciation

PSF trend for FLORIDIAN
YearSalesAvg PSFYoY
202112$2,002 psf
202216$2,072 psf↑ 3.5%
20237$2,260 psf↑ 9.1%
20249$2,298 psf↑ 1.7%
202513$2,479 psf↑ 7.8%
20262$2,471 psf↓ 0.3%

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FLORIDIAN prices are holding within 0.3% of the 2025 peak, 23.4% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 21 reads 114.8 as of June 2026 — down 6.0% 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 21 competitors
CondoTenureAvg PSFSales
THE RESERVE RESIDENCES99 yrs lease commencing from 2021$2,494 psf723
NAVA GROVE99 yrs lease commencing from 2024$2,493 psf550
PINETREE HILL99 yrs lease commencing from 2022$2,486 psf519
KI RESIDENCES AT BROOKVALE999 yrs lease commencing from 1885$1,956 psf485
FORETT@BUKIT TIMAHFreehold$2,131 psf358

What Could Work Against You

  • Only 9 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, international school families and long-term hold (10+ yr). Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.

sports / active lifestyle, yield-focused investors and foreign / absd-aware buyers should treat this as a shortlist candidate, not a default choice.

first-time hdb upgraders should probably look elsewhere. RCR (Rest of Central Region) pricing sits within reach of HDB upgraders banking proceeds from a mature-estate resale.


Verdict

FLORIDIAN is a freehold development in District 21 (RCR), with 336 units, offering a gross yield of 2.3%.

At ~$2,478 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full FLORIDIAN dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Kallang/whampoa — 4-room average $882,887 (400m away), an upgrader gap of about $2,450,000
  • Bukit Timah — 4-room average $846,049 (1.3 km away), an upgrader gap of about $2,500,000
  • Clementi — 4-room average $838,557 (1.8 km away), an upgrader gap of about $2,500,000

FAQ

What is the average PSF for FLORIDIAN?
The 12-month average is approximately $2,478 psf.
Is FLORIDIAN freehold?
Yes, FLORIDIAN is a freehold property.
What is the rental yield for FLORIDIAN?
The estimated gross yield is 2.3%.
Which MRT is nearest to FLORIDIAN?
The nearest is King Albert Park MRT at 420m.

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: 59 transactions
  • Rental data: 490 leases
  • Source: URA REALIS

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

Data as of May 2026

Latest recorded data point: May 2026 · 59 records analysed · Source: URA private-sale caveats

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