Property Comparison
FOREST WOODS vs THE FLORENCE RESIDENCES
Serangoon, Hougang · Both projects in the same district
Side-by-Side Comparison
| Metric | FOREST WOODS | THE FLORENCE RESIDENCES |
|---|---|---|
| Median PSF | $1,845.059 | $1,663.746 |
| Median Price | $2.06M | $1.26M |
| Recent PSF (Last 10) | $2,088 | $1,920 |
| District | D19 | D19 |
| Property Type | Condominium | Apartment |
| Tenure | 99 yrs lease commencing from 2016 | 99 yrs lease commencing from 2018 |
| Total Units | — | — |
| Completion Year | — | — |
| Transactions | 150 | 1,238 |
Who Should Buy FOREST WOODS vs THE FLORENCE RESIDENCES?
🏠 First-Time Buyer
The Florence Residences is more accessible for first-time buyers due to its lower median price of $1,258,944 compared to $2,061,500 at Forest Woods. The entry PSF at The Florence Residences starts at $1,631, which is $118 lower than the minimum PSF of $1,749 recorded at Forest Woods.
📈 Investor
The Florence Residences shows higher transaction volume with 1,238 units moved, compared to 150 transactions at Forest Woods. Investors may also note that The Florence Residences has a lower median PSF of $1,663.746, while Forest Woods maintains a higher median PSF of $1,845.059.
👨👩👧👦 Family
Forest Woods in District 19 has a median price of $2,061,500, indicating a price point that often aligns with larger unit configurations for families. Families prioritizing a newer lease may consider The Florence Residences, which has a 99-year lease commencing from 2018, two years later than the 2016 commencement for Forest Woods.