Review of Florence Residences

Review of Florence Residences

by Jeremy | May 26, 2020

About

Florence Residences is 99-year leasehold residential zoned site with a massive land size of 389,236 sqft and would boast around 1,410 units. This upcoming condo development will benefit from its location, situated as it is next to a landed housing enclave, and across from the Hougang Stadium and swimming and sports complex. This means that residents will enjoy unblocked views, as well as the other advantages that their proximity offers.

A total of 128 indoor and outdoor facilities can be found within The Florence Residences. These facilities include a 2 Storey Clubhouse with high ceiling Dining Suite and Multi-Purpose Suite that overlooks the beautiful 80 metres Long Island Lap Pool, and an Amphitheatre with outdoor movie screening.

Location

Located along Hougang Avenue 2 and within a mature estate in the Kovan and Hougang, it is within a short distance to heartland amenities. It is not exactly near Kovan MRT station or Hougang MRT station, you will probably take about 13-14 mins walk.

My Review

Likes

  • Huge land size
  • 128 facilities on offer and concierge service for residents
  • Nestled in a mature estate
  • Short distance to heartland amenities in Kovan and Hougang
  • Some blocks offer unblocked views over landed estates
  • Affordable Quantum

Dislikes

  • More than 10 min walk to MRT stations. In between Kovan and Hougang MRT stations.
  • Developer – relatively new kid on the block in Singapore’s real estate scene

My 2 cents

While I like that it is located in mature estates like Kovan and Hougang coupled with the fact that the quantum is of affordable range, it would be ideal for your own stay especially if you are familiar with northeast areas. However, I still find the distance between MRT stations a disadvantage. The only comfort and potential upside in terms of a major network transformation is the announcement of the Cross Island Line, slated to complete in 2030. That would cut down travel times and potentially help property prices in the vicinity but you be looking at 10 years from now. Would certainly recommend this for own stay but for investment on smaller units to rent out in the short-mid term, I would consider carefully.