Property Comparison
TERRASSE vs THE FLORENCE RESIDENCES
Serangoon, Hougang · Both projects in the same district
Side-by-Side Comparison
| Metric | TERRASSE | THE FLORENCE RESIDENCES |
|---|---|---|
| Median PSF | $1,263.32 | $1,663.746 |
| Median Price | $1.87M | $1.26M |
| Recent PSF (Last 10) | $1,583 | $1,920 |
| District | D19 | D19 |
| Property Type | Condominium | Apartment |
| Tenure | 99 yrs lease commencing from 2010 | 99 yrs lease commencing from 2018 |
| Total Units | — | — |
| Completion Year | — | — |
| Transactions | 130 | 1,238 |
Who Should Buy TERRASSE vs THE FLORENCE RESIDENCES?
🏠 First-Time Buyer
The Florence Residences is suitable for first-time buyers because its median price of $1,258,944 is significantly lower than the $1,855,000 median price of Terrasse. This represents a lower capital outlay for entry into the District 19 market.
📈 Investor
The Florence Residences offers higher liquidity for investors with 1,238 recorded transactions compared to the 130 transactions at Terrasse. The project maintains a higher median PSF of $1,663.746 and a newer leasehold tenure starting from 2018.
👨👩👧👦 Family
Terrasse is more appropriate for families seeking larger living spaces as its median PSF of $1,263.32 is lower than the $1,663.746 at The Florence Residences. The PSF range at Terrasse starts at $1,049, providing a more cost-effective option for higher-square-footage units.