Things that happened while you’re asleep. Have you heard the rumors by now? The latest introduction within our lovely District 19. If you are looking to upgrade your residence or simply looking for ways to diversify your investment portfolio, you should probably set your sight on the former Florence Regency now. It will be redeveloped by Logan Property after the real estate firm acquired the large private estate (former HUDCs) in late 2017 and it has since been renamed as The Florence Residences.
It is well-positioned at Hougang Avenue 2, a short walking distance away from Hougang MRT and Hougang Central Bus Interchange. With the presence of Hougang Mall, Kangkar Mall and The Midtown readily available in the vicinity, residents will be able to access places such as the 24-hour NTUC supermarket for their daily essential items. In addition to the numerous cafeterias and air-conditioned food court that serves nice local cuisine, there will also be the usual coffeshops in the established community where old buddies could be found hanging out with over cups of coffee.
Transportation wise, it is quite convenient where you can easily reach major stations such as Hougang and Kovan MRT, including a great bus service network option plying the complicated routes in the neighbourhood. From there on, one can easily travel to other parts of the island via the North-east line and one of the largest suburban malls is only 1 and 2 stations away at Serangoon. This stretch of North-east line will also take you to the Dhoby Ghaut area where our Orchard road is.
– It takes a mere 20-min ride to Dhoby Ghaut, Clark Quay and Chinatown for your convenience.
Apart from the city centre, you can also reach our nation beloved Little India community in just 15 mins of ride where the famous (24hrs) Mustafa Shopping Centre is.
The Florence Residences at Hougang Avenue 2 is offering individuals a chance to be a part of their new venture now. There could be some promising returns for an apartment here when it is adjacent to Serangoon Junior College and having an unblocked view towards the landed estates as well as across SJC towards the Kovan precinct.
If you are interested to look into this new property development by the Hongkong listed firm, it will only be available in the next few months and for a term of 99 years tenure. This entire project will be sitting on a large land size of approximately 389,000 square foot, expected to accommodate more than a thousand four hundred units within the boundary.
Given the current market sentiment after the nasty cooling measures announced by the government recently, it will be wise for the developer to hold till 2019 for the launch. Stay tune for more information then!