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 | $1.26M |
| Recent PSF (Last 10) | $1,489 | $1,920 |
| 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
The Florence Residences is suitable for first-time buyers as its median price of $1,258,944 is $91,056 lower than the $1,350,000 median price at Parc Vera. This lower entry price point reduces the initial capital outlay for individuals entering the District 19 property market.
📈 Investor
The Florence Residences demonstrates higher liquidity with 1238 transactions and a median PSF of $1,663.746 compared to 104 transactions and a $1,189.924 median PSF at Parc Vera. The project also features a more recent lease commencement in 2018, whereas Parc Vera's lease started in 2010.
👨👩👧👦 Family
Families may find Parc Vera more suitable as the median PSF of $1,189.924 is lower than the $1,663.746 at The Florence Residences, allowing for larger units at a lower unit cost. The PSF range for Parc Vera is $1,400 to $1,621, which is lower than the $1,631 to $1,999 range found at The Florence Residences.