Location and Surroundings:
The Florence Residences is situated along Hougang Ave 2 and Florence Road. It is not really practical to walk to MRT as it would take about 14-15minutes. Along Florence Road is mostly landed housing and there are not many shops or dining options close by. It is next to Serangoon Junior College
Nearby several well-known schools – Hougang estate has always been home to many good schools. The Florence residences is in the middle of such exemplary schools like Rosyth School, Xinmin Pri School, CHIJ, Monfont Junior and many more which are also well received according to most Singaporean parents.
Defu Industrial Redevelopment – The Government has identified Defu Industrial Estate for redevelopment as part of HDB’s ongoing Industrial Redevelopment Programme. Existing factories in Defu Industrial Estate will be progressively replaced with new and modern industrial complexes. The estate will be revitalised into a modern industrial park, complete with landscaped greenery and environmentally sustainable features.
The total amount of factory floor space of the new Defu Industrial Park will be increased by five-folds to 2.1 million sqm. of industrial space, which will help meet Singapore’s future industrial need.
“How is this important to The Florence Residences?”
I believe when the Defu Industrial estate is completely revamped in the near future, It will open up a lot of doors to industrial opportunities which will generate more jobs, and thus lead to higher rentability and capital gains