Property Comparison
KINGSFORD WATERBAY vs THE FLORENCE RESIDENCES
Serangoon, Hougang · Both projects in the same district
Side-by-Side Comparison
| Metric | KINGSFORD WATERBAY | THE FLORENCE RESIDENCES |
|---|---|---|
| Median PSF | $1,371.427 | $1,663.746 |
| Median Price | $1.02M | $1.26M |
| Recent PSF (Last 10) | $1,459 | $1,920 |
| District | D19 | D19 |
| Property Type | Apartment | Apartment |
| Tenure | 99 yrs lease commencing from 2014 | 99 yrs lease commencing from 2018 |
| Total Units | — | — |
| Completion Year | — | — |
| Transactions | 406 | 1,238 |
Who Should Buy KINGSFORD WATERBAY vs THE FLORENCE RESIDENCES?
🏠 First-Time Buyer
Kingsford Waterbay is the more accessible option for first-time buyers with a median price of $1,017,500, which is approximately 19.2% lower than the $1,258,944 median at The Florence Residences. The entry PSF range of $1,381 to $1,584 at Kingsford Waterbay further reduces the initial capital outlay compared to the $1,631 to $1,999 range at the newer development.
📈 Investor
The Florence Residences shows higher market activity with 1,238 transactions and a median PSF of $1,663.746, indicating higher liquidity than Kingsford Waterbay's 406 transactions. Investors may also note the 4-year difference in lease commencement, with The Florence Residences starting in 2018 versus Kingsford Waterbay in 2014.
👨👩👧👦 Family
Families seeking District 19 apartment units may find Kingsford Waterbay more accessible due to its median PSF of $1,371.427, which is $292.32 lower than the $1,663.746 median at The Florence Residences. The Florence Residences provides a newer leasehold tenure starting from 2018, whereas Kingsford Waterbay's lease began in 2014.