- District: 2 (Anson, Tanjong Pagar)
- Condos analysed: 15
- Average view premium: 2.6%
- Top condo: LUMIERE
High-Floor Premium in District 2
District 2 (Anson, Tanjong Pagar) is part of the Core Central Region (CCR). High-floor units in this district command an average premium of 2.6% over lower floors, based on 15 condos with sufficient transaction data from the past 3 years.
View premiums reflect buyer willingness to pay more for unobstructed views, better ventilation, and reduced noise at higher floors. The premium varies significantly depending on facing direction, surrounding buildings, and total building height.
Top 15 Condos by View Premium
Condos ranked by the percentage difference between median PSF of the highest and lowest occupied floor bands.
| Condo | View Premium | High Floor PSF | Low Floor PSF | Total Sales | Tenure |
|---|---|---|---|---|---|
| LUMIERE | 16.2% | $1,814 psf | $1,561 psf | 22 | 99 yrs lease commencing from 2006 |
| 76 SHENTON | 10.9% | $2,082 psf | $1,878 psf | 39 | — |
| SPOTTISWOODE RESIDENCES | 8.1% | $2,269 psf | $2,099 psf | 37 | Freehold |
| ICON | 7.5% | $1,901 psf | $1,769 psf | 93 | 99 yrs lease commencing from 2002 |
| SKY EVERTON | 5.9% | $2,958 psf | $2,792 psf | 34 | Freehold |
| ONE BERNAM | 5.6% | $2,548 psf | $2,413 psf | 221 | 99 yrs lease commencing from 2019 |
| NEWPORT RESIDENCES | 5.3% | $3,102 psf | $2,946 psf | 192 | Freehold |
| SPOTTISWOODE SUITES | 3.9% | $2,419 psf | $2,329 psf | 25 | Freehold |
| SPOTTISWOODE 18 | 3.8% | $2,410 psf | $2,323 psf | 35 | Freehold |
| CRAIG PLACE | 2.6% | $1,942 psf | $1,893 psf | 8 | 99 yrs lease commencing from 1997 |
| SKYSUITES@ANSON | 1.2% | $2,301 psf | $2,273 psf | 65 | 99 yrs lease commencing from 2008 |
| THE ARRIS | -2.1% | $2,225 psf | $2,272 psf | 11 | Freehold |
| ALTEZ | -8.1% | $1,897 psf | $2,065 psf | 26 | 99 yrs lease commencing from 2008 |
| EON SHENTON | -9.1% | $2,090 psf | $2,299 psf | 23 | 99 yrs lease commencing from 2011 |
| SPOTTISWOODE PARK | -12.5% | $917 psf | $1,048 psf | 39 | 85 yrs lease commencing from 1990 |
District 2 Floor Band Analysis
District-wide median PSF by floor band, showing how prices increase with height.
| Floor Band | Median PSF | Transactions | Premium vs Ground |
|---|---|---|---|
| Floor 01-05 | $2,119 psf | 25 | Base |
| Floor 06-10 | $2,277 psf | 72 | +7.4% |
| Floor 11-15 | $2,152 psf | 100 | +1.5% |
| Floor 16-20 | $2,360 psf | 121 | +11.3% |
| Floor 21-25 | $2,520 psf | 148 | +18.9% |
| Floor 26+ | $2,551 psf | 476 | +20.3% |
Sea View vs City View
District 2 is among Singapore's sea-facing districts. Condos with unobstructed sea views typically command the highest premiums in the market, often exceeding the standard floor-level premium due to the scarcity and desirability of ocean vistas. High-floor units facing the coast in this district are especially sought after.
View Premium as Investment
High-floor units with premium views can be a sound investment strategy. In District 2, the average view premium of 2.6% suggests that buyers consistently value elevated positions.
Key considerations for view-premium investing:
- Resale value: High-floor units typically hold value better during market downturns, as view premiums tend to be sticky.
- Rental yield: Tenants pay a premium for views, improving gross yield on higher-floor units.
- Future obstruction risk: Check the URA Master Plan for nearby plot ratios that could affect views.
- Stack selection: Not all high floors are equal. Corner stacks and unblocked facings command additional premiums.
FAQ
What is the average view premium in District 2?
How many condos were analysed?
Which condo has the highest view premium in District 2?
Does a higher floor always mean better views?
Methodology & Sources
Figures below are drawn from Last 3 years of transactions and revised as new data becomes available.
Transaction data sourced from URA REALIS.
- Floor bands: 01-05, 06-10, 11-15, 16-20, 21-25, 26+.
- View premium = (median PSF highest band - median PSF lowest band) / lowest band PSF.
- Minimum 3 transactions per band required.
- Data: URA REALIS.
We report medians (not means) so a single outlier transaction cannot skew district-level figures. PSF = price per square foot.