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What is a reasonable price difference between floors

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In Singapore, the price difference between each floor in a condominium, particularly in new launches, can vary but generally follows some guidelines. Here are some key points:
- For new condos, there is often a price difference of around $5,000 per floor level on average. This is due to the perceived better views and security associated with higher floor units.
- Appraisers may apply a premium of 0.3% to 0.5% per floor level for private, non-landed projects. This translates to a small percentage increase in price for each floor level.
These premiums are largely driven by the better views and the perceived advantages of higher floor units, although the actual price difference can vary depending on the specific development and its surroundings.
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