Property Comparison
THE FLORENCE RESIDENCES vs THE MINTON
Serangoon, Hougang · Both projects in the same district
Side-by-Side Comparison
| Metric | THE FLORENCE RESIDENCES | THE MINTON |
|---|---|---|
| Median PSF | $1,663.746 | $1,282.556 |
| Median Price | $1.26M | $1.53M |
| Recent PSF (Last 10) | $1,920 | $1,495 |
| District | D19 | D19 |
| Property Type | Apartment | Condominium |
| Tenure | 99 yrs lease commencing from 2018 | 99 yrs lease commencing from 2007 |
| Total Units | — | — |
| Completion Year | — | — |
| Transactions | 1,238 | 395 |
Who Should Buy THE FLORENCE RESIDENCES vs THE MINTON?
🏠 First-Time Buyer
The Florence Residences is suitable for first-time buyers as it features a lower median price of $1,258,944 compared to $1,580,000 at The Minton. This $321,056 difference in median price allows for a lower initial capital outlay while securing a property with a 99-year lease starting from 2018.
📈 Investor
Investors may prioritize The Florence Residences due to its higher liquidity of 1,238 transactions and a median PSF of $1,663.746. The project's lease commenced in 2018, providing a longer remaining tenure than The Minton, which recorded a median PSF of $1,282.556 and 395 transactions.
👨👩👧👦 Family
The Minton is appropriate for families seeking larger units, evidenced by its lower median PSF of $1,282.556 compared to $1,663.746 at The Florence Residences. While the median price is higher at $1,580,000, the lower PSF indicates that buyers can acquire more space per dollar within the District 19 area.