The Florence Residences is a new condominium located along Hougang ave 2, Singapore. The Florence Residences embraces the Club-Condo Concept Living with a total of 128 Facilities and 12 Clubs such as 80m Island Lap Pool, Amphitheater with Outdoor Movie Screening , Sparring Ring Pavilion with Punch Bag Corner, Pool Table with Dart Board Pavilion and many more.
There are also good and reputable primary and secondary schools in Hougang Central area, namely Xinmin, Monfort and Holy Innocents’. The development is located showflat near sports centres and open spaces like Hougang ActiveSG Stadium, Hougang ActiveSG Sports Centre, Realty Park Playground and Kovan Sports Centre.
Situated in within the north-eastern region of Singapore, the area has been extremely popular among homebuyers over the last couple of years as all new launch condos in released in Kovan since 2012 have been fully sold – such as Kovan Regency, The Tembusu and Stars of Kovan.
The Florence Residences , located within the Kovan area, is situated within proximity to two MRT stations: about a six-minute walk from the future Hougang MRT Interchange Station on the Cross Island Line and an eight-minute walk from the Kovan MRT Station.
The acquisitions of the Stirling Road site and the former Florence Regency are part of Logan Property’s plans to expand its real estate footprint beyond the Guangdong-Hong Kong-Macao Greater Bay region as China tightened its real estate policies since October 2016.
The development was built over the former 366-unit HUDC Florence Regency at Hougang Avenue 2. Florence Regency, previously one of the few remaining privatised HUDC estates in the North East region , was sold to Logan Property Developers for $629 million, granting each owner gross proceeds of between $1.84 million and $1.89 million.
Future residents of The Florence Residences Condo will be delighted at choice of reputable good schools nearby Hougang Avenue such as Holy Innocents’ Primary School, Monfort Junior School, Xinmin Primary School, Rosyth School and Serangoon Junior College.
Buyer’s Stamp Duty (BSD) is tax paid on documents signed when you buy or acquire property located in Singapore. Those units above 6th floor facing the Kovan side and units facing Hougang side will enjoy open view. It is approximately 800 m away from Hougang Town Centre, where the Hougang Bus Interchange and Hougang MRT Station are located.
Limited (A unit of Logan Property Singapore). Thus, at The Florence Residences, you can find some of the most reputable schools in Singapore in the area and near the Kovan precinct. Its proximity to Hougang MRT means that residents can reach Hougang Mall easily to stock up on daily essentials or a retail therapy at their own convenience.
This weekend (Feb 16-17) marked the preview of two developments: the mega 1,410-unit The Florence Residences by Logan Property and the boutique development, the 92-unit Nyon by Aurum Land. Other parks that the residents of The Florence Residences can access easily are found in the North-Eastern Parts via the North-Eastern Riverine Loop park connectors.
The Florence Residences Condo site is the second one owned by Logan Property. The 99-year leasehold development comprises a total of 1410 units consisting of units from 1 to 5 bedrooms layout that sits on a 386,236 sq ft land with a 2.8 GPR with 12 Condo-Club Concepts and 128 facilities to keep residents occupied.
Personally, we do feel that The Florence Residences is a decent condominium project which ticks most of the boxes for any property buyer or investor. The Florence Residences Condominium (Formerly Known As Florence Regency) is a new development in District 19 along Hougang Ave 2. The developer for the project is Florence Development Pte.