What is the typical psf increase per level for new launches

For new launch private condominiums in Singapore, a typical fair per square foot (psf) price increase per floor level ranges from about 8 to 15 psf per level, depending on the development, view corridors, and whether there are premium units on higher floors. This increment is most pronounced in projects with good views, high-rise blocks, or unblocked surroundings, where buyers value higher-floor units more.

The premium for higher floors is influenced by factors such as unobstructed views, reduced road noise, and increased privacy. In central and prime locations, such as Districts 9, 10, and 11, higher and unblocked floors may command a larger per-floor premium, sometimes exceeding the typical range.

Developers set these floor premiums during new launch pricing. For mass market or mid-tier projects, the per-level increment can be slightly lower, whereas luxury and city-fringe launches tend to apply higher premiums for optimal floors.

Ultimately, the exact psf increase per floor will depend on project-specific attributes, surrounding environment, and market demand at launch. For the latest and most accurate new launch pricing breakdowns and per-level premiums, review the price lists and stack-by-stack comparisons on EdgeProp Singapore, as these will reflect current developer practices for each specific project.