Property Comparison
STARS OF KOVAN vs THE FLORENCE RESIDENCES
Serangoon, Hougang · Both projects in the same district
Side-by-Side Comparison
| Metric | STARS OF KOVAN | THE FLORENCE RESIDENCES |
|---|---|---|
| Median PSF | $1,750.349 | $1,663.746 |
| Median Price | $1.46M | $1.26M |
| Recent PSF (Last 10) | $1,942 | $1,920 |
| District | D19 | D19 |
| Property Type | Apartment | Apartment |
| Tenure | 99 yrs lease commencing from 2015 | 99 yrs lease commencing from 2018 |
| Total Units | — | — |
| Completion Year | — | — |
| Transactions | 119 | 1,238 |
Who Should Buy STARS OF KOVAN vs THE FLORENCE RESIDENCES?
🏠 First-Time Buyer
The Florence Residences is more accessible for first-time buyers with a median price of $1,258,944, which is $201,056 lower than the $1,460,000 median at Stars of Kovan. The lower entry median PSF of $1,663.746 compared to $1,750.349 at Stars of Kovan further reduces the initial capital outlay for those entering the market.
📈 Investor
The Florence Residences offers significantly higher liquidity for investors with 1,238 transactions compared to 119 transactions at Stars of Kovan. Additionally, The Florence Residences has a lower median PSF of $1,663.746 and a newer 99-year lease commencing from 2018, whereas Stars of Kovan has a median PSF of $1,750.349 and a lease starting in 2015.
👨👩👧👦 Family
Families may consider The Florence Residences for its newer lease tenure commencing in 2018, located within the Serangoon and Hougang area of District 19. While both projects are classified as apartments in the same district, Stars of Kovan has a higher median price of $1,460,000 compared to $1,258,944, which reflects the different price points available for family-sized units in this sector.