Property Comparison
PARC VERA vs THE FLORENCE RESIDENCES
Serangoon, Hougang· Both projects in the same district
Side-by-Side Comparison
| Metric | PARC VERA | THE FLORENCE RESIDENCES |
|---|---|---|
| Median PSF | $1,189.924 | $1,663.746 |
| Median Price | $1.35M | $1.25M |
| Recent PSF (Last 10) | $1,450 | $1,873 |
| District | D19 | D19 |
| Property Type | Condominium | Apartment |
| Tenure | 99 yrs lease commencing from 2010 | 99 yrs lease commencing from 2018 |
| Total Units | — | — |
| Completion Year | — | — |
| Transactions | 104 | 1,238 |
Who Should Buy PARC VERA vs THE FLORENCE RESIDENCES?
🏠 First-Time Buyer
PARC VERA suits a first-time buyer due to its lower median transaction price of $1,350,000 compared to THE FLORENCE RESIDENCES, which has no reported median price in the data but a higher median PSF of $1,663.746 versus PARC VERA’s $1,189.924[2].
📈 Investor
THE FLORENCE RESIDENCES is better for an investor given its higher median PSF of $1,663.746 and significantly greater transaction volume of 1,238 versus PARC VERA’s 104 transactions, indicating stronger market activity and potential rental demand[2].
👨👩👧👦 Family
PARC VERA is more suitable for a family as it offers larger unit sizes up to 1,550 sqft for 4-bedroom homes and is located near amenities including NTUC Fairprice grocerie and Hougang RiverCourt shopping mall, with a lower entry cost of $1,350,000 median price[2][3].