Project Information
Developer: Logan Property
No. of Units: Total 1410
Unit Mix: 1-5 Bedrooms
No. Of Blocks/Level: 9 Blocks, 18 Storeys
Expected TOP: 31 March 2023
Address: Hougang Avenue 2
Location: D19 - Hougang / Sengkang / Punggol
Tenure: 99 Years
Unique Selling Points:
No. of Units: Total 1410
Unit Mix: 1-5 Bedrooms
No. Of Blocks/Level: 9 Blocks, 18 Storeys
Expected TOP: 31 March 2023
Address: Hougang Avenue 2
Location: D19 - Hougang / Sengkang / Punggol
Tenure: 99 Years
Unique Selling Points:
- Located in well established matured estate Kovan area with wide choices of F&B in vicinity
- Minutes walk to Kovan MRT and 1 MRT stop to Nex Mall/ Serangoon MRT & bus interchange
- Educational Institutions from pre-school, to primary schools (within 1 km from Holy Innocents’ Primary School, Montfort Primary School and Xinmin Primary School, source from OneMap 7Jan 2019) to international school such as Hillside World Academy
- Investment potential with industrial and commercial estates nearby eg. Lorong Halus Industrial Park, Defu Industrial Park and Tai Seng Industrial Estate
- Club-Condo concept - 128 facilities and 12 clubs such as 80m Island Lap Pool, Amphitheatre with Outdoor Movie Screening, Sparring Ring Pavilion with Punch Bag Corner, Pool Table with Dart Board Pavilion and many more
- Unique landscape concept inspired by Biophilia design (a love of life and the living world)
- 2-years complimentary classes and workshops (with terms and conditions apply)
- Concierge service available to add convenience to resident’s needs
- Majority of the units are facing towards North-South Orientation
- Selection of views mostly towards low rise/landed homes, Hougang Stadium, waterbodies/pool or landscape
- Smart home features provision including smart home gateway with camera and digital lockset at unit main entrance
- Quality kitchen appliances, sanitary wares and fittings such as Electrolux, Roca and Grohe
About Florence Residences
STRATEGIC LOCATION
Florence Residences, private condominium along Hougang Avenue 2, is located at the former site of privatized HUDC, Florence Regency. Florence Regency was sold en-bloc to Hong Kong-listed Logan Property. The plot will be redeveloped into a luxurious private condo with scenic panoramic landed views and Hougang Stadium views.
EXCELLENT CONNECTIVITY
Florence Residences is approximately 8 mins walk to both Kovan and Hougang MRT (North-East Line), giving public transport users great accessibility to other parts of Singapore. The residents will be able to travel to Dhoby Ghaut and Harbourfront in less than 30 minutes via NEL.
For drivers, KPE (Kallang-Paya Lebar Expressway) is just a turn away for your quick and access to downtown CBD and towards Changi Airport, where the Terminal 5 and Changi Jewel will be the next big thing. CTE is also a short drive away.
RECREATION
With 128 facilities and 12 club condo concept. Future residents will enjoy the condominium club facilities such as indoor gym, karaoke room, jamming studio, reading room, tennis court, outdoor movie screening, punch bag corner, darts and pool pavilion, and much more.
AMENITIES AND SCHOOL
Florence Residences is near to commercial amenities such as Heartland Mall, Hougang Mall, Hougang 1 and Midtown. Residents are also in for a treat as there are plenty of late night food junction in Kovan area, all are in very close proximity.
The future development is ideal for families with school-going children as it is near renowned schools such as CHIJ Our Lady Of The Nativity, Holy Innocents’ Primary School, Paya Lebar Methodist Girls’ School, Xinmin Primary and Secondary Schools, Xinghua Primary School, Montfort Junior School and Secondary School.
RENOWNED DEVELOPER
Developed by Logan Property. Adhering to the business concept of "Building a Better Life", Logan Property has so far developed over 150 residential projects and provided quality life services to over 600,000 people. Headquartered in Shenzhen but listed in Hong Kong, Logan Property Holdings has three businesses: property development, property leasing and construction contracts.
The Group started to expand its business to overseas markets in 2017. It commences its international journey of expansion by acquiring quality projects in Hong Kong and Singapore.
In Singapore, Logan Property is well-known for partnering with Nanshan Group to submit the highest bid for the residential site in Queenstown Stirling Road.
Florence Residences, private condominium along Hougang Avenue 2, is located at the former site of privatized HUDC, Florence Regency. Florence Regency was sold en-bloc to Hong Kong-listed Logan Property. The plot will be redeveloped into a luxurious private condo with scenic panoramic landed views and Hougang Stadium views.
EXCELLENT CONNECTIVITY
Florence Residences is approximately 8 mins walk to both Kovan and Hougang MRT (North-East Line), giving public transport users great accessibility to other parts of Singapore. The residents will be able to travel to Dhoby Ghaut and Harbourfront in less than 30 minutes via NEL.
For drivers, KPE (Kallang-Paya Lebar Expressway) is just a turn away for your quick and access to downtown CBD and towards Changi Airport, where the Terminal 5 and Changi Jewel will be the next big thing. CTE is also a short drive away.
RECREATION
With 128 facilities and 12 club condo concept. Future residents will enjoy the condominium club facilities such as indoor gym, karaoke room, jamming studio, reading room, tennis court, outdoor movie screening, punch bag corner, darts and pool pavilion, and much more.
AMENITIES AND SCHOOL
Florence Residences is near to commercial amenities such as Heartland Mall, Hougang Mall, Hougang 1 and Midtown. Residents are also in for a treat as there are plenty of late night food junction in Kovan area, all are in very close proximity.
The future development is ideal for families with school-going children as it is near renowned schools such as CHIJ Our Lady Of The Nativity, Holy Innocents’ Primary School, Paya Lebar Methodist Girls’ School, Xinmin Primary and Secondary Schools, Xinghua Primary School, Montfort Junior School and Secondary School.
RENOWNED DEVELOPER
Developed by Logan Property. Adhering to the business concept of "Building a Better Life", Logan Property has so far developed over 150 residential projects and provided quality life services to over 600,000 people. Headquartered in Shenzhen but listed in Hong Kong, Logan Property Holdings has three businesses: property development, property leasing and construction contracts.
The Group started to expand its business to overseas markets in 2017. It commences its international journey of expansion by acquiring quality projects in Hong Kong and Singapore.
In Singapore, Logan Property is well-known for partnering with Nanshan Group to submit the highest bid for the residential site in Queenstown Stirling Road.
History - Former Florence Regency
The 389,236 sq ft site in Hougang is zoned residential with a gross plot ratio of 2.8, and could yield around 1,000 units.
The land price works out to $842 per sq ft (psf) per plot ratio after factoring in the estimated differential premiums of $288.6 million to top up the lease to a fresh 99 years and to develop the site to the gross plot ratio of 2.8.
It is the second site that has been snapped up by Hong Kong-listed Logan Property, which made history in May when, together with Chinese developer Nanshan Group, it put in the top bid of $1.003 billion for the 21,109 sq m site in Stirling Road. That was the first time that a purely residential site in the Government Land Sales programme had crossed the billion-dollar mark.
"Florence Regency is one of the last few privatised HUDC (estates) in the north-east region. The future development will enjoy unblocked views, located next to landed housing estates and across the Hougang Stadium and the sports and swimming complex," said Mr Tan Hong Boon, JLL's regional director.
The land price works out to $842 per sq ft (psf) per plot ratio after factoring in the estimated differential premiums of $288.6 million to top up the lease to a fresh 99 years and to develop the site to the gross plot ratio of 2.8.
It is the second site that has been snapped up by Hong Kong-listed Logan Property, which made history in May when, together with Chinese developer Nanshan Group, it put in the top bid of $1.003 billion for the 21,109 sq m site in Stirling Road. That was the first time that a purely residential site in the Government Land Sales programme had crossed the billion-dollar mark.
"Florence Regency is one of the last few privatised HUDC (estates) in the north-east region. The future development will enjoy unblocked views, located next to landed housing estates and across the Hougang Stadium and the sports and swimming complex," said Mr Tan Hong Boon, JLL's regional director.
Location
Upcoming Cross Island Line
When completed, the Cross Island Line (CRL) which starts from Changi, passing through Loyang, Pasir Ris, Hougang, Ang Mo Kio, Bukit Timah, Clementi, West Coast and Jurong, is expected to have a daily ridership of at least 600,000 commuters. This will place the CRL higher, in terms of capacity and usage, compared to the North East Line. Hougang MRT will become an interchange for North-East Line and Cross Island Line. Residents in Hougang will have easy access to other parts of Singapore
Benefit from Defu Masterplan
Updates on Florence Residences
1BR fr $690K
1+Study fr $754K
2BR(C) fr $882K
2BR(D) fr $952K
2+Study fr $1.057M
3BR(C) fr $1.262M
3BR(D) fr $1.386M
4BR(C) fr $1.719M
4BR(D) fr $1.921M
5BR With Private Lift fr $2.456M
Information is accurate as at [10/09/19] while guide price & discounts are subject to change without prior notice.
1+Study fr $754K
2BR(C) fr $882K
2BR(D) fr $952K
2+Study fr $1.057M
3BR(C) fr $1.262M
3BR(D) fr $1.386M
4BR(C) fr $1.719M
4BR(D) fr $1.921M
5BR With Private Lift fr $2.456M
Information is accurate as at [10/09/19] while guide price & discounts are subject to change without prior notice.