Property Comparison
PRIVE vs THE FLORENCE RESIDENCES
Serangoon, Hougang · Both projects in the same district
Side-by-Side Comparison
| Metric | PRIVE | THE FLORENCE RESIDENCES |
|---|---|---|
| Median PSF | $1,216.412 | $1,663.746 |
| Median Price | $1.71M | $1.26M |
| Recent PSF (Last 10) | $1,568 | $1,920 |
| District | D19 | D19 |
| Property Type | Executive Condominium | Apartment |
| Tenure | 99 yrs lease commencing from 2010 | 99 yrs lease commencing from 2018 |
| Total Units | — | — |
| Completion Year | — | — |
| Transactions | 274 | 1,238 |
Who Should Buy PRIVE vs THE FLORENCE RESIDENCES?
🏠 First-Time Buyer
The Florence Residences may suit first-time buyers due to its lower median price of $1,258,944 compared to $1,720,900 at Prive. While the median PSF is higher at $1,663.746, the lower overall quantum reduces the initial capital outlay required for purchase.
📈 Investor
Investors might consider The Florence Residences for its high transaction volume of 1238 units and a more recent lease commencement in 2018. The project commands a median PSF of $1,663.746, which is approximately 36.7% higher than the $1,216.412 median PSF recorded at Prive.
👨👩👧👦 Family
Prive is a consideration for families, as its higher median price of $1,720,900 combined with a lower median PSF of $1,216.412 indicates larger unit sizes compared to The Florence Residences. Both developments are located in District 19, but Prive's Executive Condominium status often signifies layouts designed for multi-occupant households.