|Project Name||The Florence Residences 悦湖苑|
|Location||81, 83, 85, 87, 89, 91, 93, 95, 97 Hougang Ave 2|
|Site Area||Approx. 36,161.20sqm/ 389,239 sqft|
|Developer||Florence Development Pte Limited (Logan Property (Singapore) Company Pte. Limited)|
|Tenure||99-year leasehold commencing from 24 Dec 2018|
|No. of units||1410|
|No. of Storeys||18|
|Expected TOP||31 March 2023|
The Florence Residence is situated at Hougang Avenue 7. It is a project facing the river and it sits on a large piece of land approximated to be about 396,231 square feet. There are so many reasons why investing in the project will benefit you in the long run.
The Florence Residences condo will be constructed with full amenities, interior and exterior décor, modern fittings and furnishing. Each apartment will have ample space for the dining and living family rooms. The living area will have exceptionally high ceilings and strong walls.
The kitchens will be fitted with durable cabinets, attractive countertops around the sinks. For the bedrooms, developers plan to have natural illumination, bathrooms, drawers and closets among other provisions.
Going with public demand, the Florence Residences will have swimming pools, clubhouses, guardhouse, table tennis court, a barbeque area and a gymnasium.
NEW PLANS UNDERGO FOR HOUGANG
Conveniently located near the workplaces
The site is near the workplaces which guarantee a continuous flow of tenants if you plan to rent it out. With the Defu Industrial Park being redeveloped, more employment opportunities will be created in the area resulting in a need for more homes.
Transport and accessibility does not prove to be a problem in the area since the area is served by a bus interchange and two MRT stations. Florence residences is also well connected to other parts of Singapore though public transport.
It is an approximately 9 minute drive and one will take 13 minutes to get to the CBD. KPE and TPE provide drivers with a driving ambience in parts of the Florence residences.
The following transport plans will also make the area more accessible:
- An integrated hub at the Hougang MRT Station.
- Road improvements along Tampines Road, Paya Lebar Road etc.
- Cross Island construction
All these future developments will make the Hougang more accessible!
AVAILABILITY OF SOCIAL AMENITIES FOR THE FLORENCE RESIDENCES CONDO
With various social facilities and amenities in Hougang, it has a number of good schools, sports facilities and parks. Several developments are also coming up in the area to improve the general living conditions and they include the following:
- A new pedestrian footbridge.
- Retail amenities.
Walkaways, greenery and expansive terraces have also incorporated in the design of the Florence Residences.The Florence Residences condo will give a worthwhile competition to its competitors since the condo will be well-maintained. It will also have a plantation and greenery; this together with excellent decorations will offer stiff competition.
The area is estimated to be very attractive in the near future since it has the above positive attributes. This makes it a wise investment opportunity. The Florence residences is perfect for both investment and habiting.
For interested buyers who are still saving to make a down payment, the Florence residences offers a perfect investment opportunity since it is still under construction. The progressive payment schedule gives investors with an opportunity to make monthly installments. The property can be resold in future at a higher price making it a perfect investment.