Property Comparison
THE FLORENCE RESIDENCES vs WATERTOWN
Serangoon, Hougang· Both projects in the same district
Side-by-Side Comparison
| Metric | THE FLORENCE RESIDENCES | WATERTOWN |
|---|---|---|
| Median PSF | $1,663.746 | $1,529.459 |
| Median Price | $1.25M | $1.54M |
| Recent PSF (Last 10) | $1,873 | $1,786 |
| District | D19 | D19 |
| Property Type | Apartment | Apartment |
| Tenure | 99 yrs lease commencing from 2018 | 99 yrs lease commencing from 2011 |
| Total Units | — | — |
| Completion Year | — | — |
| Transactions | 1,238 | 307 |
Who Should Buy THE FLORENCE RESIDENCES vs WATERTOWN?
🏠 First-Time Buyer
Watertown offers a more accessible entry point for first-time buyers with a median PSF of $1,529.459, which is $134.287 lower than the median PSF at The Florence Residences. This lower price level allows buyers to enter the District 19 market with a reduced capital requirement.
📈 Investor
The Florence Residences recorded a high transaction volume of 1,238 units, significantly exceeding the 307 transactions at Watertown. The project commands a higher median PSF of $1,663.746, which is supported by its newer 99-year lease commencing in 2018.
👨👩👧👦 Family
Families may prefer The Florence Residences as its 99-year lease commenced in 2018, providing seven additional years of tenure compared to Watertown's 2011 commencement. Both projects are located in District 19, though The Florence Residences represents a larger residential development with 1,238 total transactions.