Property
Are Good Views Worth The Premium? Here’s A Short Study On 6 Different Condos
By Stacked Homes  •  August 1, 2021
Most of us know that units with a better view (which also tend to be higher-floor units) come at a premium. But this is also one of the features that’s hardest to quantify. How much would a future buyer for a better view of the nearby park pay? Is this a $50,000 premium, or a $100,000 premium? It’s not possible to isolate and identify the exact value of a good view; but what we can do is compare the appreciation of high-floor, best-facing units: The three most desirable views/facings In general, these can be divided into:
  • Waterfront views
  • Greenery/scenic views
  • Low density/unimpeded views
A fourth category, pool views, also exists – this is for homeowners who want to overlook condo facilities like pools, BBQs, and so forth (some prefer people-watching, like we tend to do on park benches). We haven’t explored pool views here, as there usually isn’t a premium/significant price boost for the lower floor units where this is possible....
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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