The Florence Residences is a new, 99-year leasehold launch at Hougang Avenue 2. This is within the mature estate of Kovan (District 19). The Florence Residences, by Logan Property, sits on the 386,000+ square foot plot of the former Florence Regency HUDC. This land plot is directly across the road from Hougang Stadium, and roughly a six minutes walk to either Hougang or Kovan MRT stations.
The completion of the Cross-Island line will see Hougang MRT turned into a major interchange, intersecting with the North East Line. This can significantly boost property values in the area. The Florence Residences will be one train stop away from the new Defu Station, on the Cross-Island line. Investors should note that it’s close by to a major business park, as well as Seletar Aerospace Park. The high concentration of jobs in the area can provide a steady flow of tenants.
Featuring a total of 1410 units ranging of 1 -5 bedroom units with 128 facilities and 12 clubs, The Florence Residences caters to Club Condo Living Concept where residents can enjoy the 128 facilities and 12 clubs within the development 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.
More information at https://investintproperty.com/properties/the-florence-residences/
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