THE FLORENTINE
UrbanLens Analysis
THE FLORENTINE commands $1,351 PSF -- NaN% below what District 19 typically fetches ($0 PSF). Kovan MRT is 728m away (9-min walk), functional but not a headline selling point.
Prices are up 12.1% over two years, reflecting genuine buyer interest without bubble-level exuberance. 5 transactions over two years is modest; the trend is directional, not definitive.
The 947-year lease is freehold in all but name. Lease decay is irrelevant for any practical investment horizon, and financing terms mirror true freehold. Insufficient rental data to pin down a yield figure. Buyers should assume this is a capital-growth story and do their own rental due diligence.
At just 34 units, this is an intimate development. Expect low common fees but limited resale volume -- patience is required on exit. In the Outside Central region, price sensitivity runs high. The value-for-money equation must be compelling to attract buyers.
PSF Trend
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