OLA THE FLORENCE CONDO

OLA CONDOMINIUM VERSUS THE FLORENCE RESIDENCES (NEW CONDOS IN DISTRICT 19)

Dear readers, in this post, let us take a look at and compare the recent property prices between two new condos in District 19 (Hougang, Punggol, Sengkang areas): Ola condominium and The Florence Residences.

Ola condominium is a 99-year leasehold executive condo, comprising 548 units, with a targeted completion date of 2023. The Florence Residences is a 99-year leasehold condominium, comprising 1410 units, also slated to be completed in year 2023.

Based on the property transaction dates of between 15 Oct 2021 and 22 Oct 2021, the selling price of Ola condominium is between $1,125 to $1,250 psf.

Based on the property transaction dates of between 15 Oct 2021 and 21 Oct 2021, the selling price of The Florence Residences condominium is between $1,563 to $1,895 psf.

Inevitably, the selling price of The Florence Residences condominium on a psf basis is much higher than Ola condominium since Ola condominium is an executive condominium rather than a full fledged private condo. However, it is always useful to know just how much the increment will be.

That’s it for my insights today.  I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!


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