What a high floor costs, Q2 2026: 0.7% a storey in the HDB market
Published 21 Sept 2026
A storey premium is the share of price that is attached to height alone, holding the project, the size band and the transaction period fixed. In the HDB market it currently measures 0.7% per storey, estimated from 80,254 pairs of sales in which two flats of similar size in the same block-and-period grouping traded from different floor ranges. The figure is a rate, not a fixed dollar amount: it scales with whatever the flat would otherwise transact at, so the same percentage translates into different sums across towns and flat types.
Compounded over ten floors, the HDB rate comes to 7.0%. Applied to the Q2 2026 median of S$6,514 per square metre, that works out to S$457 psm of difference between an otherwise comparable low-floor and high-floor flat. The chart above sets the per-storey rates for the four markets side by side, and the table above carries each of them through the same ten-floor calculation on that market's own median for the quarter.
The HDB rate is the largest of the four, with the three private submarkets, Core Central, Outside Central and Rest of Central, all sitting below it. Sample sizes differ widely: the HDB estimate rests on far more paired sales than the private ones, which draw on 9,477 pairs in the Outside Central Region, 5,156 in the Rest of Central Region and 2,372 in the Core Central Region. Per-area figures are quoted in psm for HDB flats and in psf for private homes.
| Market | Per storey | Ten storeys | Median, Q2 2026 | Ten storeys on that | Paired sales |
|---|---|---|---|---|---|
| HDB | +0.7% | +7.0% | S$6,514 psm | S$457 psm | 80,254 |
| Private, CCR | +0.4% | +3.9% | S$2,247 psf | S$87 psf | 2,372 |
| Private, OCR | +0.4% | +3.7% | S$1,858 psf | S$68 psf | 9,477 |
| Private, RCR | +0.3% | +3.4% | S$2,225 psf | S$75 psf | 5,156 |
Taken together, the figures describe how much of a transacted price tracks height once project, size and timing are held constant, and they show that height accounts for a larger share of price in the HDB market than in any of the three private submarkets. The premium is re-measured weekly as new pairs enter the transaction record, so the rates shift as the underlying sales do. Every figure here is indicative and derived from recorded transactions; none of it constitutes a formal valuation of any individual home.
The premium is re-measured every week from pairs of sales in the same project, size band and period at different floor ranges. It is the rate the site's valuation applies when a floor is given, and it is applied to the comparable sales, never to a user's own figure.