Floor rise refers to an additional charge, often applied incrementally per floor, reflecting the perceived added value of higher floors — typically better views, more light, and less noise from street level.
Not all developments apply floor rise charges, and where they do, the increment and starting floor can vary by project, so it is worth confirming whether a quoted price already includes floor rise or whether it will be added separately.
Buyers should weigh floor rise charges against their personal preference for floor level, since the premium is a matter of buyer preference rather than a fixed value applicable to everyone equally.