Property Comparison
THE FLORENCE RESIDENCES vs THE QUARTZ
Serangoon, Hougang · Both projects in the same district
Side-by-Side Comparison
| Metric | THE FLORENCE RESIDENCES | THE QUARTZ |
|---|---|---|
| Median PSF | $1,663.746 | $1,235.612 |
| Median Price | $1.26M | $1.68M |
| Recent PSF (Last 10) | $1,920 | $1,555 |
| District | D19 | D19 |
| Property Type | Apartment | Condominium |
| Tenure | 99 yrs lease commencing from 2018 | 99 yrs lease commencing from 2005 |
| Total Units | — | — |
| Completion Year | — | — |
| Transactions | 1,238 | 153 |
Who Should Buy THE FLORENCE RESIDENCES vs THE QUARTZ?
🏠 First-Time Buyer
The Florence Residences is more suitable for first-time buyers due to its lower median price of $1,258,944 compared to $1,684,000 at The Quartz. This represents a price entry point that is $425,056 lower than the older development in the same district.
📈 Investor
Investors may prioritize The Florence Residences for its high transaction volume of 1,238 units, which indicates significantly higher market liquidity than the 153 transactions at The Quartz. The newer leasehold status commencing in 2018 supports a higher median PSF of $1,663.746 compared to $1,235.612 for the 2005 leasehold project.
👨👩👧👦 Family
The Quartz offers a lower median PSF of $1,235.612, which allows families to potentially acquire more square footage for their budget than the $1,663.746 median PSF at The Florence Residences. The higher median price of $1,684,000 at The Quartz suggests larger unit configurations typical of developments with a 2005 lease commencement.