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
The Florence Residences suits a first-time buyer due to its higher median transaction price of $1,245,944, indicating a more established resale market compared to Watertown's unreported median price[1].
📈 Investor
Watertown suits an investor because its lower median PSF of $1,529.459 offers a better entry point compared to The Florence Residences' $1,663.746 PSF, despite The Florence Residences having significantly higher transaction volume of 1,238 versus 307[1][2].
👨👩👧👦 Family
The Florence Residences suits a family due to its 1,410 units across 9 blocks with 128 facilities and proximity to amenities like Cold Storage and Heartland Mall Kovan, located in District 19 with a healthy lease balance of 91 years[2][3][7].