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 | $2.56M | $1.25M |
| Recent PSF (Last 10) | $1,513 | $1,873 |
| 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
Project A (Terrasse) suits a first-time buyer due to its lower entry price of $880,000 compared to Project B's higher range starting at $1,663,746 PSF[2][3]. The median PSF for Terrasse is $1,263.32, making it more affordable for new entrants to the market[project data].
📈 Investor
Project B (The Florence Residences) suits an investor due to its higher median PSF of $1,663.746 and greater transaction volume of 1,238 units compared to Terrasse's 130 transactions[project data]. The higher PSF and volume indicate stronger market liquidity and potential for rental yield growth[project data].
👨👩👧👦 Family
Project A (Terrasse) suits a family due to its larger unit sizes ranging from 506 sqft to 2,217 sqft and proximity to amenities like NTUC Fairprice and Hougang 1 Shopping Mall[3][4]. Located in District 19 with 99-year lease tenure commencing 2010, it offers spacious layouts for families seeking manageable condominium living[3].