The brand new condominium project will comprise of two 18-storey towers and is supposed to boast a”club condo” concept with themed pavilions in addition to other conveniences like an 80-metre lagoon pool.
A new project may renew interest in Hougang district While this new project may inject more excitement into the Hougang district, several analysts are concerned that launches from encompassing jobs such as the florence homes floor Strategy , Affinity in Serangoon together with The Garden Residences, may dilute interest.
There is nonetheless potential rental returns for parts in The Florence Residences Showflat . The Defu Industrial City is expected to be completed by 2021 with over 1,046 factories in a”Green and Sustainable Industrial Park of Tomorrow”.
With prices in the northeast condos between $1,313 psf (in Riverfront Residences) and $1,475 psf (in Affinity at Serangoon), some buyers may consider $2 million for larger units a struggle.
The Florence Residences is one MRT block from Nex, one of the best suburban malls and all around entertainment-lifestyle destinations in Singapore. Nex can also be integrated with a rooftop sky garden, dog park and park, the Serangoon Public Library along with Serangoon MRT and bus interchange stations.