Are Higher Floor Condos More Expensive?

Are Higher Floor Condos More Expensive?

Singapore is a bustling city-state with a thriving real estate market, offering a variety of options for homeowners to choose from. 

One of the primary considerations when buying a condo in Singapore is the floor level. Condos located on higher floors offer stunning views and greater privacy, while those on lower floors offer convenient access to amenities and easier access in and out of the building. Each option has its unique advantages and disadvantages that are worth exploring. 

In this article, we will discuss the difference between living on higher and lower floor condos in Singapore, examining the factors that may influence your decision and help you make an informed choice.

Whether you are a first-time homebuyer or considering an upgrade, understanding the benefits and drawbacks of each option will aid in making a well-informed decision.

high floor vs low floor condo singapore
Is noise level an important deciding factor when choosing which condo unit to purchase?

High Floor VS Low Floor Condo Singapore

Living on both higher and lower floors has its own set of advantages and disadvantages. Therefore, it’s important to consider your lifestyle needs and preferences to determine which floor level suits you best when choosing a condo unit. Here are some pros and cons of living on higher floors and flower floors. 

Advantages of Living on Higher Floors

Living on higher floors offer many advantages, and can be beneficial to you depending on your needs. Here are some advantages of living on higher floors:

Better Views

One of the most obvious advantages of living on higher floors is the stunning views you can enjoy. When you live on a higher floor, you can enjoy breathtaking panoramic views of your surroundings, including the city skyline, nearby parks, and natural landscapes. Higher floors are also less likely to be obstructed by buildings or trees, which means you can enjoy uninterrupted views.

More Privacy

Living on higher floors can also offer more privacy. Because you are further from the ground, you are less likely to be disturbed by noise or foot traffic from the street. Additionally, higher floors can be more difficult to access, which can deter unwanted visitors.

Improved Air Quality

Living on higher floors can also improve the quality of the air you breathe. Because you are further from street-level pollution, the air can be fresher and cleaner. This can be especially beneficial for people with respiratory issues or allergies.

More Natural Light

Living on higher floors can also provide more natural light. Because you are further from the ground and other buildings, you can enjoy more sunlight throughout the day. This can help improve your mood and energy levels.

advantages of living on hight floors
One of the advantages of living on higher floors are the unblocked views of the surroundings. Source: Unsplash

Disadvantages of Living on Higher Floors

While living on higher floors in condos in Singapore has its advantages, there are also some disadvantages to consider before choosing a unit on a higher floor. Here are some of the disadvantages of living on higher floors in condos in Singapore:

Higher Cost

Units on higher floors are generally more expensive than those on lower floors. This is because they offer better views and more privacy, which are desirable features for many buyers.

Longer Wait Times

Living on higher floors means you will likely have to wait longer for elevators. This is because elevators may have to stop at multiple floors on the way up or down, which can result in longer wait times.

Exposure to Strong Sunlight

Living on higher floors can also expose you to strong sunlight, especially if there are no taller buildings or structures in the surrounding area. This could make the apartment warmer than those on lower floors. 

Advantages of Living on Lower Floors

Living on lower floors in condominiums in Singapore can offer several advantages that make them an attractive option for residents. Here are some advantages of living on lower floors in condos in Singapore:

Accessibility

Living on lower floors makes it easier to access your condo unit. You don’t have to wait as long for the elevator. Alternatively, you can also easily take the stairs if you want to get some exercise.

Reduced Cost

Living on lower floors is generally less expensive than living on higher floors. This is because units on lower floors usually have lower maintenance costs, lower utility bills, and are often priced lower than those on higher floors.

Convenience

Living on lower floors can be more convenient in terms of daily life. You can easily access common areas such as the gym, swimming pool, or children’s play area without having to take the elevator. Also, you may be able to get delivery services more easily as delivery personnel may not have to go up as high.

Disadvantages of Living on Lower Floors

There are also some disadvantages to consider before choosing a unit on a lower floor. Here are some of the disadvantages of living on lower floors:

Noise

Living on lower floors can expose you to more noise from the street or surrounding areas. This can include traffic noise, noise from pedestrians, and noise from nearby construction sites. Noise pollution can be particularly pronounced during rush hour or peak hours.

Lack of Privacy

Lower floors are often closer to street level or surrounding buildings, which can mean that passersby have a direct view into your unit. Additionally, units on lower floors may be more visible from other units in the same building, which can reduce your sense of privacy.

Reduced View

Living on lower floors can mean that you have a limited or obstructed view. This is because units on lower floors may be blocked by surrounding buildings or landscaping. Additionally, lower floors may not offer a panoramic view of the city or skyline, which can be a desirable feature for some buyers.

Higher Risk of Insects and Pests

Living on lower floors can expose you to a higher risk of insects and pests. This is because lower floors are closer to the ground, which can make it easier for insects and pests to enter your unit. This can be particularly problematic if the building has a history of pest infestations.

Limited Natural Light

Living on lower floors can also limit the amount of natural light that enters your unit. This is because lower floors may be shaded by surrounding buildings or landscaping. Limited natural light can make your unit feel darker and less welcoming.

Security Risks

Living on lower floors can expose you to higher security risks. This is because lower floors may be easier to access by intruders or burglars. Additionally, units on lower floors may be more visible from the street, which can make them more vulnerable to break-ins. However, this is not a common occurrence in Singapore, due to the country’s high safety standards.

living on lower floors condo singapore
Residents living on lower floors may have limited natural light due to being shaded by surrounding buildings. Source: Unsplash

Are Higher Floor Condos More Expensive?

In most cases, higher floor condos are more expensive than lower floor condos. This is because units on higher floors usually offer better views, more privacy, and less noise pollution. Additionally, higher floor units may have more amenities or features, such as larger balconies.

However, the price difference between higher and lower floor units can vary depending on various factors such as the location of the building, the demand for higher floor units, and the quality of the view. Some buildings may have a premium placed on lower floors due to their proximity to facilities or accessibility, while others may have a premium placed on higher floors due to the exclusivity and better views they offer.

Ultimately, the cost of a higher floor condo will depend on several factors, including the location of the building, the demand for higher floor units, and the quality of the view, among others. It’s important to consult with a real estate agent or do thorough research before deciding to purchase a higher floor condo to ensure that it aligns with your budget and preferences.

Read: How Much Salary Do I Need To Buy A Condo?

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