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The Florence Residences

$948,600 ($1,800 psf) [View to Offer]

  • Hougang Avenue 2, 533752, D19

  • 1
  • 1
  • 527 sqft (49 sqm)

Agent Information

Mandy Chan

#R068355C

MANDY.CHAN@PROPNEX.COM

+65 98767893

Property Details

  • Listing Type

  • Property Group

  • Property Type

  • District

  • Floor Area

  • TOP

  • SALE

  • Apartment / Condo

  • Condominium

  • D19

  • 527

  • 2023

  • Tenure

  • Post Code

  • Street Name

  • 99-year Leasehold

  • 533752

  • Hougang Avenue 2

Description

*** Serious Seller Looking to Sell***

1Bedroom 1Study-Super Cheap High Rental Yield at The Florence Residence, No Extension and sell with tenancy

- Rent Collected from Day 1: Already pocketing $3,250/mo ($6.16 psf)

- Safe, stable corporate professional (Malaysian female) loved by the landlord for the past 3–4 years.

- Skip the renovation headache and marketing costs. Just buy and collect rent after completion, zero waiting!!!

- Next Pay Raise: Lease is up for renewal this November, perfect timing to adjust according to market peaks

Why buying this unit?
- Outperforms similar developments within the area.
- Premium, quiet greenery view (highly prized by premium tenants)
- No wasted space, making it incredibly easy to rent out

The Exit Strategy & Future Growth
- Hougang-Kovan Transformation - Ride the wave of regional development for future resale profit
- Hougang MRT turns into a Cross Island Line interchange in 2030
- CapitaLand-UOL won the Hougang Central site - 300,000 sq ft of new retail incoming
- The CRL opens up Defu Industrial City and Tampines North — more working professionals = bigger tenant pool (safer exit strategy)

Secure this valuable asset before November!!
Call Mandy at 9876 7893 for an exclusive viewing and yield breakdown

Location

Facilities

  • Cooker Hob/Hood

  • Lap pool

  • Playground

  • Pavillion

  • Sauna

  • Driving range

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