Property Comparison
RIVERSOUND RESIDENCE vs THE FLORENCE RESIDENCES
Serangoon, Hougang · Both projects in the same district
Side-by-Side Comparison
| Metric | RIVERSOUND RESIDENCE | THE FLORENCE RESIDENCES |
|---|---|---|
| Median PSF | $1,225.219 | $1,663.746 |
| Median Price | $1.61M | $1.26M |
| Recent PSF (Last 10) | $1,435 | $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 | 184 | 1,238 |
Who Should Buy RIVERSOUND RESIDENCE vs THE FLORENCE RESIDENCES?
🏠 First-Time Buyer
The Florence Residences is more accessible for first-time buyers due to its lower median price of $1,258,944 compared to $1,607,000 at Riversound Residence. While its median PSF of $1,663.746 is higher, the lower overall quantum represents a smaller initial capital requirement for entry-level purchasers.
📈 Investor
The Florence Residences demonstrates higher liquidity with 1,238 transactions and a higher median PSF of $1,663.746 compared to Riversound Residence's 184 transactions. Investors may also note the newer tenure of The Florence Residences, which commenced its 99-year lease in 2018, seven years after Riversound Residence's 2011 lease commencement.
👨👩👧👦 Family
Riversound Residence is suitable for families requiring more space, as its lower median PSF of $1,225.219 allows for larger floor areas compared to the $1,663.746 median PSF at The Florence Residences. Both developments are located in District 19, but the $1,607,000 median price at Riversound Residence indicates a higher prevalence of larger unit configurations for multi-member households.