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The Florence Residences (D19), Apartment - For Sale

Cheap Suitable to investment, coliving 2 room convert to 3 room
667 sqft | $1,919 psf (Built)
$1,280,000
3 Beds
2 Baths
Estimated mortgage $X,XXX monthly
CEA: R018430Z | L3008022J
Hi I'm Nick Ong
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.
Read more
About this property
Address
Hougang Avenue 2
Property Name
Property Type
Apartment
Model
Apartment
Bedrooms
3
Bathrooms
2
Tenure
LEASEHOLD/99 years
Developer
Florence Development Pte. Ltd. (Logan Property (Singapore) Company Pte. Limited)
Built Year
2023
No. of Units
1410
Asking
$1,280,000
Size
667 sqft (Built-up)
PSF
$1,919 psf (Built-up)
Tenancy Status
Not tenanted
Date Listed
1778162060
What's in this area?
All
Trains (MRT & LRT)
Bus Stops
Schools
Shopping Malls
Groceries & Supermarts
Trains (MRT & LRT)
HOUGANG MRT
NE14 CR8
KOVAN MRT
NE13
DEFU MRT DUE 2029
CR7
Bus Stops
Blk 615
2555132112854854E
Opp Blk 709
854854E3252582556262A132107107M112113
Primary Schools
Xinmin Primary
0.62 km
Montfort Junior
0.79 km
Holy Innocents' Primary
0.83 km
Secondary Schools
Xinmin Secondary
0.72 km
Montfort Secondary
0.79 km
Bowen Secondary
1.1 km
Integrated Schools
Methodist Girls' School (primary)
1.98 km
Shopping Malls
Heartland Mall-Kovan
0.86 km
Hougang Mall
0.99 km
The Midtown
1.02 km
Groceries & Supermarts
COLD STORAGE
0.68 km
FAIRPRICE
0.72 km
The Foodcellar
0.76 km
Google Map
Tap to Zoom
Bus/MRT
- mins
Drive
- mins
Walk
- mins
HOUGANG MRT
NE14 CR8
0.7 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
KOVAN MRT
NE13
0.91 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
DEFU MRT DUE 2029
CR7
1.51 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Blk 615
25 55 132 112 854 854E
0.24 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Opp Blk 709
854 854E 325 25 82 55 62 62A 132 107 107M 112 113
0.24 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Xinmin Primary
0.62 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Montfort Junior
0.79 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Holy Innocents' Primary
0.83 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Xinmin Secondary
0.72 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Montfort Secondary
0.79 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Bowen Secondary
1.1 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Methodist Girls' School (primary)
1.98 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Heartland Mall-Kovan
0.86 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Hougang Mall
0.99 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
The Midtown
1.02 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
COLD STORAGE
0.68 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
FAIRPRICE
0.72 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
The Foodcellar
0.76 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
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Home Price Insights
SRX estimates the market price of this unit at $XXXXXX
Last Quarter Change
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X-Value is provided for general reference and does not constitute a valuation by a licensed appraiser. StreetSine Singapore Pte Ltd accepts no liability whatsoever arising from any use of or reliance on the X-Value. Use of X-Value is subject to SRX's Terms of Use and Privacy Policy
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