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 | $1.25M |
| Recent PSF (Last 10) | $1,946 | $1,873 |
| 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 suits a first-time buyer as it has a lower median PSF of $1,663.746 compared to Stars of Kovan's $1,750.349, making entry more affordable. With 1,238 transactions recorded, it also offers greater liquidity and market activity for new buyers.
📈 Investor
Stars of Kovan suits an investor due to its higher median PSF of $1,750.349, indicating stronger price appreciation potential. However, The Florence Residences has significantly higher transaction volume (1,238 vs. 119), offering better liquidity for quick resale.
👨👩👧👦 Family
Both projects are in District 19 (Serangoon, Hougang), providing access to schools and MRT stations, but Stars of Kovan has a 99-year lease from 2015 and completed in 2020, offering newer amenities. Its 395 total units and mixed-use design with retail and commercial spaces enhance convenience for families.