Property Comparison
BOATHOUSE RESIDENCES vs THE FLORENCE RESIDENCES
Serangoon, Hougang · Both projects in the same district
Side-by-Side Comparison
| Metric | BOATHOUSE RESIDENCES | THE FLORENCE RESIDENCES |
|---|---|---|
| Median PSF | $1,202.276 | $1,663.746 |
| Median Price | $1.63M | $1.26M |
| Recent PSF (Last 10) | $1,430 | $1,920 |
| District | D19 | D19 |
| Property Type | Condominium | Apartment |
| Tenure | 99 yrs lease commencing from 2011 | 99 yrs lease commencing from 2018 |
| Total Units | — | — |
| Completion Year | — | — |
| Transactions | 172 | 1,238 |
Who Should Buy BOATHOUSE RESIDENCES vs THE FLORENCE RESIDENCES?
🏠 First-Time Buyer
The Florence Residences offers a lower entry point for first-time buyers with a median price of $1,258,944, which is $371,056 lower than the median price at Boathouse Residences. The project also features a more recent 99-year lease commencing from 2018 compared to the 2011 commencement for Boathouse Residences.
📈 Investor
The Florence Residences demonstrates higher liquidity for investors with 1,238 transactions and a median PSF of $1,663.746. Its PSF range of $1,631 to $1,999 sits significantly higher than the $1,290 to $1,557 range found at Boathouse Residences.
👨👩👧👦 Family
Boathouse Residences is a viable option for families as its median PSF of $1,202.276 is approximately 27.7% lower than the $1,663.746 median PSF at The Florence Residences. This lower PSF allows families to acquire larger floor areas despite the higher median transaction price of $1,630,000.