How Much Does Floor Level Affect Condo Prices?

What the Data Says

When two identical units are listed in the same condo — same size, same facing, different floors — the higher one almost always costs more. But how much more, exactly? That's a question most buyers and sellers answer by feel. This report gives you the numbers.

The rule of thumb

Across more than 430 Singapore condo projects, the premium follows a remarkably consistent pattern. The biggest single jump happens early: floors 06–10 typically command around 3% more than the lowest floors in the same project. After that, each additional 5-floor band adds roughly 1.5 to 2%. By floors 36–40, the median premium reaches +12.4% versus the ground-level bands.

What's notable is how consistent this gradient is. Filtering by market segment, tenure, or neighbourhood doesn't change the story materially — the slope is broadly the same whether you're looking at a CCR freehold or an OCR leasehold. The floor premium is a structural feature of the Singapore condo market, not a luxury-segment quirk.

Above floor 40

The data thins out significantly above floor 40. Fewer than 15 projects in this dataset reach those heights, and the figures become increasingly unreliable — as the dashed lines on the chart indicate. The median premium at floors 46–50 appears to spike to +18.5%, but this is likely due to a lack of data rather than a real signal, as less than 15 condo projects were evaluated for each data point. As such, for very high floors, the floor premium likely still exists, but its exact magnitude is uncertain.