St. Vincent and the Grenadines or, as the locals call it, SVG is a picturesque Caribbean jewel. 1. Comparing with similar sized projects such as Riverfront Residences, the distance between blocks in the Florence Residences is indeed tighter, especially between Blocks 87 and 89. This might not sit well with residents knowing that while they are buffered against HDB flats and The Florentine, their units are very close to their own neighbours.
At The Florence Residences Brochure, the site is 389, 236 square feet where there is a gross plot ratio of 2.8. The land price would be translated into $842 per square feet per plot ratio after taking the rounded up differential premiums of $288.6 million to top up the lease to a fresh 99 years and to the site to the gross plot ratio of 2.8 into account.
At the same time while writing, City Developments (CDL) have reportedly sold 18 luxurious units from New Futura, out of the 25 release units on its first day of private sale over the weekend, with less than a-third of them from local home buyers and most of the high-net-worth individual buyers came from the wealthy Chinese and Indonesians.
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.
First of all, some other new launch condos (within the same district) at Serangoon North will be presenting themselves similarly as excellent investment opportunities due to the MRT effect” as well other than The Florence Residences - for instance, Affinity at Serangoon by Oxley Holdings and The Garden Residences by WingTai & KepLand.
The Florence Residences is also just 8 MRT Stations away from Little India MRT Interchange Station where its future residents can transit to the MRT Downtown Line and also 9 stations away from the Dhoby Ghaut MRT Interchange which is located in Orchard Road.
4. Paya Lebar Methodist Girls' School is not mentioned alongside the many reputable schools of Hougang because the distance from Lorong Ah Soo to The Florence Residences is slightly above 1km radius. As you all may know, Singapore is an island and land will always remain a scarce commodity that's why the prices of these properties are bound to increase in the long term.
Make The Florence Residence Condo your home and conveniently access great hospitals and healthcare institutions in the area such as Bright Vision Hospital, Hougang Polyclinic and more. Florence Residences is located about 8 mins walk from Hougang MRT. Construction of the Cross Island Line which will pass through Hougang when it starts operations by 2030 and provides another direct MRT route to Changi and the west as well as other major towns.
The Florence Residences condominium at Kovan is set to be China-based developer, Logan Property's biggest new launch project in 2019 since launching Stirling Residences at Queenstown the year before. Florence Residences is a new and upcoming condominium, sitting on the former site of Florence Regency, located along Hougang Avenue 2, bounded by Upper Serangoon Road and Florence Road, in the North-East Region of Singapore.
In terms of upside potential, it's no doubt The Florence Residences will benefit greatly from this massive MRT effect” and it's an exceptional opportunity for property investors who are looking at long-term gains. The project is being built on the site of the former Florence Regency and will have a resort-style, "club condo" concept, including 15 themed pavilions, 12 clubs and 128 facilities such as an 80-metre lagoon pool.
You will be buying the property at the best price if you get it directly from the developer. Haus on Handy housing project, by the City Developments Limited, is being constructed on a rising slope, giving access to both amazing skyline landscape views of the city in Singapore.
Vehicle owners can take Hougang Ave 2 and Upper Serangoon Road to get to the business hub or shopping district in the city. The Florence Residences is also close to the Central Expressway (CTE), the Kallang Paya Lebar Expressway (KPE) and also the Tampines Expressway (TPE) which make driving to various parts of island a breeze.