Property Comparison
THE FLORENCE RESIDENCES vs THE TEMBUSU
Serangoon, Hougang · Both projects in the same district
Side-by-Side Comparison
| Metric | THE FLORENCE RESIDENCES | THE TEMBUSU |
|---|---|---|
| Median PSF | $1,663.746 | $1,751.189 |
| Median Price | $1.26M | $1.51M |
| Recent PSF (Last 10) | $1,920 | $1,932 |
| District | D19 | D19 |
| Property Type | Apartment | Condominium |
| Tenure | 99 yrs lease commencing from 2018 | Freehold |
| Total Units | — | — |
| Completion Year | — | — |
| Transactions | 1,238 | 76 |
Who Should Buy THE FLORENCE RESIDENCES vs THE TEMBUSU?
🏠 First-Time Buyer
The Florence Residences is suitable for first-time buyers as its median price of $1,258,944 is $252,556 lower than the $1,511,500 median price of The Tembusu. The project offers a lower entry point with a minimum PSF of $1,631 compared to $1,477 at The Tembusu, though its median PSF remains lower at $1,663.746.
📈 Investor
Investors may consider The Florence Residences due to its high transaction volume of 1,238 units, which indicates higher liquidity than the 76 transactions recorded for The Tembusu. The median PSF of $1,663.746 at The Florence Residences also provides a lower cost of entry compared to the $1,751.189 median PSF of the freehold alternative.
👨👩👧👦 Family
Families seeking long-term tenure may opt for The Tembusu, which is a freehold property in District 19 with a median price of $1,511,500. Those prioritizing a newer leasehold project in the same district can consider The Florence Residences, where the 99-year lease commenced in 2018 and the PSF range is between $1,631 and $1,999.