
The Florence Residences is the Kovan subzone’s mega estate, a 99-year leasehold development at 81 to 97 Hougang Avenue 2 built by Florence Development, a subsidiary of Hong Kong listed Logan Property, and completed in 2023. Nine 18-storey blocks hold 1,410 units on a 36,161.2 sqm site, designed by P&T Consultants. Two things set it apart: a 128-facility programme across 12 themed clubs and two North East Line boarding points inside a kilometre, one of them becoming an interchange.
On transport The Florence Residences is measured in a kilometre rather than a doorstep. Hougang MRT (CR8/NE14) is about a kilometre on foot, with Kovan (NE13) also inside 1km and Serangoon North (CR9), Defu (CR7) and Buangkok (NE15) inside 2km. The line runs direct to Serangoon, Little India, Dhoby Ghaut and the city, and Hougang becomes a Cross Island Line interchange adding an east to west spine to the existing one. Drivers get the CTE and KPE in reach, and the arterial road that makes the commute easy makes the outer stacks noisier, a facing question to settle before you shortlist.
Two primaries fall inside The Florence Residences ballot band under P1 registration: Xinmin Primary School and Montfort Junior School are both within the 1km radius. Rosyth School, Holy Innocents’ Primary, Xinghua Primary, Hougang Primary, Yio Chu Kang Primary, CHIJ Our Lady Of The Nativity and Punggol Primary follow within 2km, plus a nine-school secondary bench. Our explainer on how Primary 1 registration really works covers why the 1km line does more work than any other factor in a school-led purchase.
Scale is the product. The Florence Residences runs ten layouts from 474 sqft one-bedders to 1,916 sqft five-bedders across Classic, Deluxe and Study variants, with 896 of the 1,410 homes in the one and two-bedroom band and 514 carrying three bedrooms or more. That is an investor-weighted estate with a real family tier behind it. Density runs at a 2.8 plot ratio, carparking is 1,419 spaces for 1,410 homes, and units came with smart home features, Electrolux appliances and Roca and Grohe fittings.
Tenure runs 99 years from 24 December 2018, so a buyer today takes on roughly 91 years, young enough that lease decay is not a pricing factor for a long time. Our Kovan condo guide sets out the surrounding field, and the pricing section below shows how the market has treated the estate since handover.
Virtual Tours
Walk the show units and look out from the site before you visit.

| UNIT TYPE | TOTAL | SIZES | UNIT MIX | FLOORPLANS | MAINTENANCE |
|---|---|---|---|---|---|
| 1 Bedroom | 284 | 474 - 603 | 20.14% | ||
| 2 Bedroom | 627 | 624 - 915 | 44.47% | ||
| 3 Bedroom | 364 | 893 - 1,206 | 25.82% | ||
| 4 Bedroom | 87 | 1,270 - 1,701 | 6.17% | ||
| 5 Bedroom | 48 | 1,668 - 1,916 | 3.40% | ||
| Overall | 1,410 | 474 - 1,916 |
One number explains The Florence Residences: 1,410. That scale funds a facility programme no 400-unit neighbour can match, puts a comparable transaction on the record almost every month, and guarantees a seller company on the market. Buying here is a decision about whether the club-condo life and the interchange story are worth the crowd that comes with them.
Context sits on both sides of this estate. Riverfront Residences shares the value tier with river frontage as its differentiator while this estate answers with the better station map, and Sengkang Grand Residences holds the integrated premium above both. Nearer by, Kovan Regency at 378 units from 2015, Stars of Kovan at 390 from 2019 and Terrasse at 414 from 2014 are all smaller and older, none with a comparable facility deck.
As of July 2026 the last sixty caveats ran $1,632 to $2,142 psf with a median around $1,904 psf, against a twelve-month median of $1,874 psf across 102 transactions. The most recent sixty are trading above the twelve-month average, so the market has been firming rather than fading. Two freehold neighbours complicate the comparison honestly: The Tembusu at 337 units from 2016 and Trilive at 222 from 2018 both sit within a kilometre. Our guide to 99 year versus freehold sets out what that premium actually buys, which at 91 years remaining is less than most people assume.
One technical note before you compare anything. This estate was acquired before GFA harmonisation took effect, so ledges remain inside its measured areas while a newer launch leaves them out. The two psf figures are not the same unit of measure. Our review of new launch versus resale in District 19 works through the wider trade.
Trying to work out what a specific stack is worth here? With 1,410 homes, block, floor and facing move the number far more than the estate median does. Send us the unit number and we will benchmark it against the same-stack sales, honest advice, no pressure. WhatsApp us.
Anyone comparing The Florence Residences floor plan variants needs one warning first: the same bedroom count covers very different homes. 216 one-bedders run 474 to 603 sqft and 72 one-bedroom-plus-study 527 to 667 sqft. 264 two-bedroom Classic at 624 to 807 sqft and 292 two-bedroom Deluxe at 646 to 915 sqft form the largest band, with 52 two-bedroom-plus-study at 700 to 926 sqft alongside.
The family tier sits above that: 232 three-bedroom Classic at 893 to 1,206 sqft and 154 three-bedroom Deluxe at 990 to 1,281 sqft, then 64 four-bedroom Classic at 1,270 to 1,582 sqft, only 16 four-bedroom Deluxe at 1,389 to 1,701 sqft and 48 five-bedders at 1,668 to 1,916 sqft. Sixteen units of one format inside a 1,410-home estate is genuinely scarce, worth knowing if that is your layout.
Price The Florence Residences ladder at the $1,904 median and it reads near $900,000 at 474 sqft, $1.19m at 624 sqft, $1.70m at 893 sqft, $2.30m at 1,206 sqft, $2.42m at 1,270 sqft and $3.65m at the 1,916 sqft top. These numbers come off the caveat record, not asking prices. The recorded trades track them: $868,001 for a 527 sqft one-bedroom-plus-study in July 2026, $1.228m for a 667 sqft two-bedroom in July 2026, $1.92m for a 915 sqft three-bedroom in July 2026, $2.535m for a 1,270 sqft four-bedroom in May 2026 and $3.42m for a 1,679 sqft five-bedroom in July 2026.
The facilities are the estate’s signature and they only work at this scale. 128 facilities across 12 themed lifestyle clubs, headed by an 80m island lap pool, plus a hydrotherapy pool, clubhouse, gym, function rooms, wellness zones, thematic gardens and water features. The oddities are the memorable part: an amphitheatre with outdoor movie screening, a sparring ring pavilion and a pool table with dart board pavilion. 1,410 households fund all of it, which is why a 400-unit project on comparable maintenance delivers a fraction of the list. It has been in use since 2023, so you can walk it rather than read about it.
Scale changes what supply means. The Kovan subzone holds about 5,672 private homes across 85 developments, and roughly one in four of them sits inside this single estate. No new private project is under construction in the subzone, so the competition a seller meets is largely internal: other owners here, on the same price record.
The demand side is the largest upgrader pool in the northeast. Hougang town runs 605 HDB blocks and 59,942 flats, 44,200 of them four-room or larger. Set against 1,410 homes here, that is about 31 upgrader-sized flats per unit. Households selling in Hougang, Buangkok or Serangoon want the same school catchment and the same food belt, and this is the largest single supply of private stock that lets them stay. Our Hougang HDB upgrader guide and our District 19 upgrading checklist both work through that move.
Forward supply is mild for an estate this size. The planning area totals 135 private projects and 17,982 homes, only 27 projects and 7,871 units of it younger than 2016, and a single project is booked past 2026, the 835-unit Hougang Central site around 2030, in a neighbouring subzone. The URA Master Plan treats this corridor as a mature estate to upgrade rather than redevelop, which is what most residents want: the rail arrives, the food belt stays. Our study of how the Cross Island Line will affect District 19 prices maps what interchange conversions have historically done to a catchment.
Liquidity at The Florence Residences is the opposite of thin. 729 caveats from August 2021 through July 2026 against 1,410 units means more than half the estate changed hands inside five years, running 129, 191, 105, 160, 80 and 64 by year. Volume has settled without collapsing, which is what a healthy large estate looks like three years past handover. The transparency cuts both ways: nobody has to guess at valuation when you buy, and nobody has to guess when you sell either.
The Florence Residences suits upgraders and investors who want the Cross Island Line interchange at completed pricing rather than launch pricing, with no construction wait and no launch premium already pricing the line in. It suits families running the Xinmin and Montfort combination with the Kovan food belt behind it: the Kovan Market and Food Centre a walk south, Heartland Mall and its wet market beside it, then Hougang Mall, The Midtown and Hougang 1 filling out the ring, with Punggol Park and the Serangoon Park Connector for the green layer.
The Florence Residences exit audience is unusually broad, which is the upside of the mix. Families buy the 514 larger homes, landlords buy the 896 compact ones, and tenants choosing between an anonymous new address and one with a hawker centre, a wet market and two stations tend to renew. The flip side is that breadth lets tenants negotiate, so a landlord here wins on renovation, floor level and facing rather than scarcity.
Fit runs the other way too. This is not an address for boutique-quiet seekers, because 1,410 neighbours and a full club programme define the daily experience, and Hougang Avenue 2’s traffic fronts the outer stacks. Buyers who want a smaller, calmer estate on the same rail corridor should look at Kovan Regency or Terrasse instead, and anyone who wants a doorstep station rather than a kilometre walk should shop the Kovan Road addresses.
Thinking about The Florence Residences? Its spread against Riverfront, station map against river view, is the district’s live value question, and the answer depends on which one your household actually uses. Before you commit, speak to us. We will run the numbers with you, honest advice, no pressure. WhatsApp us.
The Florence Residences has 9 blocks of 18 storeys.
The Florence Residences has 1,410 residential units.
The Florence Residences is 99-year leasehold (lease from 24/12/2018).
No, The Florence Residences is a 99-year leasehold development (lease from 24/12/2018).
The Florence Residences is developed by Florence Development Pte Ltd (Logan Property).
The Florence Residences is located at 81, 83, 85, 87, 89, 91, 93, 95 & 97 Hougang Avenue 2, in District 19, within the established Hougang / Kovan residential enclave, walking distance from Hougang and Kovan MRT.
The Florence Residences is in District 19 (D19), which covers Serangoon Garden, Hougang and Punggol, within Singapore’s Outside Central Region (OCR).
The Florence Residences has two MRT stations within 1km: Hougang MRT (CR8/NE14), a future interchange between the Cross Island Line and existing North-East Line, and Kovan MRT (NE13). Serangoon North (CR9), Defu (CR7) and Buangkok (NE15) are within 2km.
The Florence Residences offers strong investment fundamentals: future Cross Island Line interchange at Hougang MRT within 1km, dual-MRT access with Kovan MRT, two MOE primary schools within 1km, and 128 facilities across 12 Lifestyle Clubs. As with any investment, prospective buyers should conduct their own due diligence.
Yes, The Florence Residences is highly suitable for families. It offers 3-Bedroom Classic, 3-Bedroom Deluxe, 4-Bedroom Classic, 4-Bedroom Deluxe and 5-Bedroom layouts up to 1,916 sqft. Family-friendly facilities include the 80m Island Lap Pool, Hydrotherapy Pool, Amphitheatre with Outdoor Movie Screening, Children Play Zones and Thematic Gardens. Two MOE primary schools are within 1km.
The Florence Residences is a 99-year leasehold mega private condominium in District 19 with 1,410 residential units across 9 blocks of 18 storeys. It is developed by Florence Development Pte Ltd, a subsidiary of Hong Kong-listed Logan Property, designed by P&T Consultants, and was completed in 2023.
The Florence Residences obtained TOP in 2023.
The Florence Residences was launched in 2019. It obtained TOP in 2023 and is now a completed development transacting in the resale and rental markets.
Yes. Foreigners can buy The Florence Residences because it is a private residential development. Foreigners pay 60% Additional Buyer’s Stamp Duty (ABSD) on top of the purchase price.
The Florence Residences’s showflat has been decommissioned as the development is completed. Viewings of available resale units are now conducted on-site. Please contact our appointed sales team to schedule a viewing.
You can book a viewing with our appointed sales team:
Kelvin Sin 9722 2222
Chew Peixuan 9101 5301
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