Property
Are Higher Floor Units Better In Terms Of Profitability? We Look At 3,569 Transactions.
By Stacked Homes  •  November 15, 2021
Did you know that in the UK, it wasn’t too long ago that living in a tall building was considered to be the opposite of luxurious living? But that’s slowly changing. Increasingly, tall buildings are being regarded as a sign of luxurious accommodation. From the stunningly tall and slim 432 Park Avenue to our very own Wallich Residence, it’s commonplace that the higher up you go the more money you’d have to pay. This is why the conventional wisdom and sales pitches from property agents surrounding property purchases tend to direct consumers’ attention towards units located on higher floors. With attractive reasons being mooted such as better privacy and views that are likely to be unobstructed – a definite draw especially in a concrete jungle like Singapore. In return, your future buyers will likely pay you more for such exclusivity – or so, some may claim....
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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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