The Florence Residences harvest The brand new condo is close to the present Hougang MRT station, which will grow to be an interchange station across the highly-anticipated Cross Island Line.
Hong Kong-listed Logan Property is defined to trailer the florence residences condo on Saturday (16 Feb). Situated in the Kovan region in District 19, the new condo is just a brief walk from the present Hougang MRT station on the North East Line. This channel will become an interchange station over the highly-anticipated Cross Island Line (CRL).
Upon its conclusion by 2029, the CRL will join important areas in western and eastern Singapore, such as the Jurong Lake District, Punggol Digital District and Changi.
The 29km-long Stage I of this railroad project is expected to appeal to over 100,000 families and will reduce travel time by around 70 minutes. The first stage will include 12 MRT channels from Bright Hill in mid Singapore into Changi’s Aviation Park.
“The suitable location puts a host of easily available amenities in the hands of residents, coupled with valuable MRT stations and major expressways only minutes off,” stated CB Chng, executive manager at Logan Property Singapore.
The Florence Residences, that can be near the present Kovan MRT station, includes a total of 1,410 condominium components spread across nine 18-storey blocks standing on a 389,239 sq ft website. Buyers can pick from a single – to five-bedroom flats from 474 sq feet to 1,679 sq ft. About 43% of those units are two-bedders crossing between 624 sq feet and 753 sq ft.
The 99-year leasehold job has been constructed on the former Florence Regency website, a 336-unit privatised HUDC property obtained by Logan Property at 2017 via collective purchase for $629 million, which translates into a land rate of $842 psf per plot ratio.
Expected to be finished by 2023, The Florence Residences is the programmer’s second job in Singapore. Logan Property can be jointly developing the 1,259-unit Stirling Residences in Queenstown with Nanshan Group. Interested buyers may stop by the revenue gallery of The Florence Residences along Hougang Avenue 10 from Saturday onwards.