Florence Terrace Price Trends & Market Analysis | Homejourney
Florence Terrace on Florence Road in District 19 (Serangoon, Hougang) currently sees terrace house prices ranging from S$1,335 to S$1,987 psf, with recent sales at S$3.6M to S$3.77M for units around 1,949-2,333 sqft.[1][2][3]
This cluster article dives deep into Florence Terrace price trends and market analysis, helping buyers and investors spot opportunities in this landed enclave. As part of Homejourney's commitment to transparency and user safety, we verify all data to empower confident decisions. For the full project overview, check our main pillar: Florence Terrace D19: Units, Prices, Amenities & Investment Guide.Florence Terrace D19: Units, Prices, Amenities & Investment Guide | Homejourney
Current Price Snapshot for Florence Terrace
In early 2026, Florence Terrace terrace houses trade at an average of S$1,335 psf, with indicative ranges holding steady.[2] Recent transactions include a 1,949 sqft unit at S$3.6M (S$1,949 psf) on 3 Oct 2024 and a 2,333 sqft unit at S$3.77M (S$1,616 psf approx.) on 18 Aug 2024.[1]
Nearby Florence Road listings show similar momentum, like a 1,410 sqft property at Fiorenza for S$1.68M (S$1,191 psf).[5] These figures reflect D19's strong demand for landed properties in Serangoon-Hougang. Homejourney's verified data ensures you're seeing accurate, up-to-date Singapore condo and landed prices without unreliable sources.
Actionable Tip: Use Homejourney's search to track live listings: Browse available units at Florence Terrace.
Historical Price Trends in Florence Terrace
Florence Terrace has shown resilience, with psf averages climbing from historical lows. Over the last three years, comparable Florence Gardens terraces averaged S$1,422-$1,987 psf for 150-171 sqm units.[3] This upward trajectory aligns with D19's 5-7% annual appreciation, driven by limited supply and family demand.[6]
Compare to 2024 sales: psf dipped slightly post-cooling measures but rebounded in 2025-2026. Absolute prices for mid-sized terraces hover at S$3.5M-S$4M, making it accessible for upgraders from HDB in Hougang. View full trends on Homejourney: View comprehensive analysis of Florence Terrace.
- 2024 Peak: S$1,949 psf (1,949 sqft unit)
- 2025 Average: S$1,600 psf
- 2026 Q1: S$1,335-S$1,987 psf range
Market Factors Driving Florence Terrace Prices
District 19's appeal fuels Florence Terrace price trends. Proximity to Kovan MRT (walking distance under 1km) and schools like Holy Innocents' Primary boosts family buyer interest.[5] URA data highlights low vacancy rates in Serangoon landed areas, supporting steady capital gains.
Rental demand is robust, with yields estimated at 2.5-3.5% for terraces yielding S$8,000-S$12,000 monthly. Future PIE upgrades and nearby developments enhance liquidity. However, note ABSD impacts for investors—always consult professionals.
Insider Tip: Local agents note faster sales for corner units near Florence Road, often 10-15% premium due to extra space.
Comparison with Nearby Developments
Florence Terrace offers better value than new launches like Serangoon Garden Estate corner terraces at S$7.79M (TOP Q4 2026).[4] Versus Carissa Park in D17, Florence holds a pricing edge at S$1,335 psf vs. higher condo psf nearby.Carissa Park Condo Price Trends & Market Analysis | Homejourney
| Development | Avg PSF (2026) | Unit Size (sqft) | Price Range |
|---|---|---|---|
| Florence Terrace | S$1,335-1,987 | 1,949-2,333 | S$3.6M-S$3.77M |
| Florence Gardens | S$1,422-1,987 | 1,600-1,843 | N/A |
| Serangoon Garden (New) | ~S$2,000+ | Larger | S$7.79M |
Homejourney prioritizes verified comparisons for safe investing.
Investment Potential and Rental Yields
Property investment in Florence Terrace shines with 4-6% annual appreciation potential, per D19 trends. Rental yields beat central condos, ideal for buy-to-let. Future MRT expansions will lift values further.
Steps to Evaluate:
- Check URA resale stats for liquidity.
- Calculate yields using Homejourney's tool: Calculate your monthly payments.
- Speak to experts: Speak to a property agent about Florence Terrace.
Disclaimer: Prices fluctuate; past performance isn't indicative of future results. Homejourney verifies data but recommends professional advice.
Pros, Cons, and Buyer Profile
Pros: Affordable entry to landed living, strong schools access, low maintenance for terraces.
Cons: Older completion (pre-2000s), potential renovation needs, traffic during peak hours on Florence Road.
Best for families upgrading from Hougang HDB or investors seeking yields over speculation. Compare with projects directory for alternatives.
FAQ: Florence Terrace Price Trends
What is the current PSF for Florence Terrace?
Average S$1,335 psf, with recent sales up to S$1,949 psf.[1][2]
Is Florence Terrace a good investment in D19?
Yes, with solid yields and appreciation in Serangoon-Hougang, but factor in ABSD.[6]
How do Florence Terrace prices compare to condos nearby?
Terraces offer better space value than D19 condos at similar psf.
What drives price growth in Florence Road area?
Schools, MRT proximity, and limited supply.[5]
Where to find latest Florence Terrace listings?
Trust Homejourney: Search now.
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