Logan Property has bought Florence Regency in Hougang estate for S$629 million.
A privatised HUDC development situated at Hougang Avenue 2, within walking distance to Hougang MRT, Hougang Bus Interchage and Kovan MRT, the land price of Florence Regency is calculated to be about S$842 per square foot per plot ratio (psf ppr).
Florence Regency is the second land site purchased by Logan Property.
The first land parcel bought by Logan Property is a site at Stirling Road for $1,050.7 psf ppr.
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