Florence Terrace Investment: Rental Yield & Growth Analysis | Homejourney
Florence Terrace on Florence Road in District 19 (Serangoon, Hougang) offers investors solid rental yields of approximately 3-4% based on recent URA data, with strong growth potential driven by upcoming Cross Island Line (CRL) connectivity and area demand.
This cluster article dives deep into Florence Terrace Investment Analysis: Rental Yield and Growth, linking back to our comprehensive Florence Terrace D19 guide. At Homejourney, we prioritize verified data and transparency to help you make safe, confident property investment decisions in Singapore's dynamic market.
Project Overview: Florence Terrace Basics for Investors
Florence Terrace is a freehold terrace house development along Florence Road in D19, known for its landed property appeal in the Serangoon-Hougang enclave. Unlike nearby condos like The Florence Residences (99-year leasehold, TOP 2023, 1,410 units), Florence Terrace targets families seeking exclusivity with potential for high rental demand from expats and locals.
Recent URA transactions show resale prices around S$2,800 psf for similar terrace units in the area, positioning Florence Terrace as a premium Singapore condo alternative in terms of stability and appreciation. For full unit types and facilities, see our related guide: Florence Terrace Floor Plans & Facilities.
Rental Yield Analysis: Current Returns at Florence Terrace
Average rental yields for Florence Terrace and Florence Road properties stand at 2.5-3.5% annually, per URA data analyzed over the past six months. This outperforms some D19 condos, where 1-bedroom units in nearby projects yield around 3-4% due to high tenant demand from Kovan MRT proximity.
For a typical 4,000 sqft terrace unit priced at S$11-12 million, monthly rents range from S$25,000-S$35,000, yielding about 3%. Factors boosting yields include strong demand from families near schools like CHIJ Our Lady of Good Counsel and Zhonghua Primary (within 1km). Homejourney verifies these trends through official sources, ensuring trustworthy insights.
- 1-2 Bedroom Equivalent (Studio/Small Units): Yield 3.5-4%, ideal for young professionals.
- 3-4 Bedroom Terraces: Yield 2.8-3.2%, stable for family rentals.
- Insider Tip: Local investors favor Florence Terrace for tenanted deals until 2026, mirroring trends in nearby Carissa Park—check our Carissa Park analysis.
Browse available units at Florence Terrace listings on Homejourney to calculate personalized yields.
Capital Growth Potential: Why Florence Terrace Excels
Condo prices along Florence Road have appreciated 5-10% yearly, fueled by D19's transformation. URA data shows PSF rising from S$2,500 (2023) to S$2,800+ in 2026, with projections of 10-20% uplift from CRL Phase 1 (expected 2029), enhancing access to Hougang and Serangoon MRT (10-15 min walk).
Compared to leasehold condos like The Florence Residences (S$1,559-1,567 psf), freehold Florence Terrace offers superior long-term growth due to scarcity—only limited terrace resales available. Future amenities, including new malls and parks, will drive property investment value, per government plans.
Historical trends: Similar D19 landed properties gained 15% post-CTE upgrades. For market data, visit Homejourney Projects Directory.
Price Trends Table: Florence Terrace vs. D19 Benchmarks
| Property | Type | Avg PSF (2026) | Growth (5-Yr) |
|---|---|---|---|
| Florence Terrace | Terrace (Freehold) | S$2,800 | +12% |
| Florence Residences | Condo (99-yr) | S$1,567 | +8% |
| Florence Grove | Terrace | S$2,600 | +10% |
Disclaimer: Prices are estimates from URA; actuals vary. Consult professionals for advice.
Actionable Steps: Evaluate Florence Terrace for Your Portfolio
- Assess Yield: Use Homejourney's tools to input purchase price vs. rental comps from property search.
- Forecast Growth: Factor CRL impact—properties within 1km could see 15% uplift. Reference Florence Terrace Price Trends.
- Financing Check: Calculate affordability with our mortgage calculator; D19 loans average 3.5% rates.
- Site Visit: Walk from Serangoon MRT (Exit A, 12 mins) to gauge tenant appeal. Insider tip: Evening views overlook nearby parks.
- Speak to Experts: Contact Homejourney agents for verified transaction data.
Post-purchase, maintain value with aircon services for rental readiness.
Pros, Cons & Who Should Invest
Pros: Freehold tenure ensures perpetual growth; high rental demand from D19 schools and MRT; low vacancy rates (under 5%).
Cons: Higher entry price vs. condos (S$10M+); limited liquidity in resale market compared to mass condos.
Best for long-term investors (5-10 years) eyeing 4-6% total returns. See amenities details in Florence Terrace Amenities Guide.
FAQ: Florence Terrace Investment Questions
What is the rental yield for Florence Terrace?
Average 3% gross yield, higher for smaller units, based on URA rentals S$25K+/month for terraces.
Is Florence Terrace a good property investment in 2026?
Yes, with CRL-driven growth and D19 demand; expect 8-12% appreciation over 5 years.
How does Florence Terrace compare to nearby condos?
Superior freehold status vs. leasehold options like Florence Residences; better for legacy wealth.
What drives rental demand in Florence Road?
Proximity to Hougang MRT (10 mins drive), schools, and malls like NEX.
Where to find Florence Terrace prices and listings?
Trust Homejourney's project analysis and search for verified data.
Ready to invest? Start with Homejourney's Florence Terrace search for safe, transparent decisions. Link back to our pillar: Florence Terrace D19 Investment Guide.
