Property Comparison
THE FLORENCE RESIDENCES vs THE LUXURIE
Serangoon, Hougang· Both projects in the same district
Side-by-Side Comparison
| Metric | THE FLORENCE RESIDENCES | THE LUXURIE |
|---|---|---|
| Median PSF | $1,663.746 | $1,290.321 |
| Median Price | $1.25M | $1.48M |
| Recent PSF (Last 10) | $1,873 | $1,649 |
| District | D19 | D19 |
| Property Type | Apartment | Condominium |
| Tenure | 99 yrs lease commencing from 2018 | 99 yrs lease commencing from 2011 |
| Total Units | — | — |
| Completion Year | — | — |
| Transactions | 1,238 | 222 |
Who Should Buy THE FLORENCE RESIDENCES vs THE LUXURIE?
🏠 First-Time Buyer
The Florence Residences suits a first-time buyer due to its lower median price of $1.26M compared to The Luxurie's higher entry point, while offering units from $788,000[2][5]. The Luxurie's median PSF of $1,290.321 is lower than The Florence Residences' $1,663.746, but its limited transaction volume of 222 suggests less liquidity for new buyers[5].
📈 Investor
The Florence Residences suits an investor due to its high transaction volume of 1,238 and median PSF of $1,663.746, indicating strong market liquidity and rental potential near business parks[2][5]. The Luxurie's lower median PSF of $1,290.321 offers a cheaper entry but its low transaction volume of 222 limits resale opportunities[5].
👨👩👧👦 Family
The Florence Residences suits a family with 1,410 units across 9 towers, offering 1–5 bedroom configurations (484–1,668 sq ft) and 128 facilities including a lagoon and family-friendly amenities[1][2]. Its location in District 19 near schools, grocers, and Heartland Mall Kovan supports family needs, while The Luxurie's smaller unit mix and fewer facilities are less ideal for larger households[1][2][8].