High rental income of up to $4,300 per mth
Units with strong rental configurations in The Florence Residences are getting harder to find — especially layouts that are ideal for co-living.
This 667 sqft 2-bedroom unit is one of the few that allows investors to optimise rental returns immediately.
Unit Details:
667 sqft efficient layout
Proper 2-bedroom configuration with minimal wasted space
Enclosed kitchen — better privacy for tenants
Bright and well-kept condition
Ideal for room rental or co-living setup
Why This Unit Stands Out:
Most buyers today are chasing new launches, but rental yield is getting compressed.
This unit allows you to enter at a more reasonable price point while generating stronger cash flow.
Co-living demand in the Hougang / Kovan area remains consistent due to:
Working professionals in nearby business hubs
Tenants priced out of central locations
Growing demand for flexible room rental options
Rental Strategy Advantage:
Potential to rent by rooms for higher yield
Layout supports privacy between occupants
Strong appeal to young professionals and tenants sharing space
Location Benefits:
Minutes to Hougang and Kovan MRT
Surrounded by amenities, malls and eateries
Well-connected to the North-East and city
Development Strength:
Large-scale project with full facilities
Strong tenant appeal due to lifestyle offerings
Developed by Logan Property Holdings and Kingsford Development
Key Investment Insight:
Well-priced, efficient units that can support co-living strategies are limited.
As more investors shift focus towards yield instead of speculation, units like this will be absorbed quickly.