Property Comparison
RIVERSAILS vs THE FLORENCE RESIDENCES
Serangoon, Hougang · Both projects in the same district
Side-by-Side Comparison
| Metric | RIVERSAILS | THE FLORENCE RESIDENCES |
|---|---|---|
| Median PSF | $1,209.717 | $1,663.746 |
| Median Price | $1.48M | $1.26M |
| Recent PSF (Last 10) | $1,467 | $1,920 |
| District | D19 | D19 |
| Property Type | Condominium | Apartment |
| Tenure | 99 yrs lease commencing from 2011 | 99 yrs lease commencing from 2018 |
| Total Units | — | — |
| Completion Year | — | — |
| Transactions | 283 | 1,238 |
Who Should Buy RIVERSAILS vs THE FLORENCE RESIDENCES?
🏠 First-Time Buyer
The Florence Residences provides a lower entry quantum for first-time buyers with a median price of $1,258,944. This is $219,000 lower than the $1,477,944 median price observed at Riversails, though Riversails maintains a lower median PSF of $1,209.717.
📈 Investor
The Florence Residences recorded 1,238 transactions compared to 283 at Riversails, indicating higher market activity. The project features a newer 99-year lease from 2018 and commands a PSF range between $1,631 and $1,999.
👨👩👧👦 Family
Riversails offers a median PSF of $1,209.717, which is 27.3% lower than the $1,663.746 median PSF at The Florence Residences. This lower unit rate allows families to purchase larger floor plates in District 19 for a median price of $1,477,944.