Property Comparison
THE FLORENCE RESIDENCES vs THE VALES
Serangoon, Hougang · Both projects in the same district
Side-by-Side Comparison
| Metric | THE FLORENCE RESIDENCES | THE VALES |
|---|---|---|
| Median PSF | $1,663.746 | $1,315.472 |
| Median Price | $1.26M | $1.47M |
| Recent PSF (Last 10) | $1,920 | $1,626 |
| District | D19 | D19 |
| Property Type | Apartment | Executive Condominium |
| Tenure | 99 yrs lease commencing from 2018 | 99 yrs lease commencing from 2014 |
| Total Units | — | — |
| Completion Year | — | — |
| Transactions | 1,238 | 238 |
Who Should Buy THE FLORENCE RESIDENCES vs THE VALES?
🏠 First-Time Buyer
The Florence Residences is more accessible for first-time buyers as its median price of $1,258,944 is $328,556 lower than the $1,587,500 median price at The Vales. This lower entry price reduces the initial capital outlay and mortgage requirements for individuals entering the property market.
📈 Investor
The Florence Residences offers higher liquidity for investors with 1,238 recorded transactions compared to only 238 at The Vales. The project also maintains a higher median PSF of $1,663.746, supported by a more recent lease commencement in 2018 compared to the 2014 lease at The Vales.
👨👩👧👦 Family
The Vales provides a lower median PSF of $1,315.472, allowing families to potentially secure larger living spaces for a lower unit cost than the $1,663.746 PSF at The Florence Residences. Although the median price is higher at $1,587,500, the PSF range of $1,367 to $1,694 makes it a more cost-effective option on a per-square-foot basis for multi-room requirements.