The Florence Residences opened for sneak peek today (Feb 16). According to the Master Plan, numerous centers will be developed that will assist the future citizens of The Florence Residences Apartment and its surrounding area satisfy their requirements easily. This includes the development of parks, neighborhood clubs, sports facilities, libraries, schools, and shops. Such centers will ensure that Hougang is self-dependent and habitable town. Also, the facilities are well located in the entire location to guarantee that residents delight in excellent ease of access that is enhanced by the efficient transport network. The town will also be a commercial center and thus supply employment opportunities in service parks and industrial estates to the residents of Hougang.
When trying to find the next location to call your home, never forget the principle of real estate that it’s more than simply purchasing a home. Settling in an area indicates that you are becoming part of an existing area. But, not all areas are the exact florence residence same. Although they say there is no perfect area, parents living at The Florence Residences Condo will appreciate the closeness of excellent schools to their house making it an ideal location for you since it accommodates your concerns.
Unlike others en blocs, the Florence Residences collective sales is not a bed of roses. Their assessment of $629 million by Colliers International, which is likewise their asking cost, did not found any buyer by the closing of tender on 27 September. The sale was taken over by JLL and they handled to land them a deal at the expected rate from Chinese designer Logan Home (Singapore).
According to the 2014 master plan, The Florence Residences Condominium that sits on a 386, 236 sq ft is zoned for advancement of the house and has a GPR of 2.8. With factors to consider to the current estimated differential premiums worth S$ 288.6 million which is payable to the government to add the lease period to 99 years consisting of the advancement of the land to a GPR of 2.8, the land rate of the Florence Residences Apartment translates to around S$ 842 psf ppr.
The brand-new Florence Road condominium offers a splendid 270 degrees unblocked views, overlooking the landed houses around it. Florence Residences is designed around the concept of a club condominium where way of lives are given a next level. Though club principle apartments are not uncommon nowadays in Singapore, this is certainly one of the very first, if not the first in a sub metropolitan area.