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Laminate vs Engineered Timber Flooring

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I was initially looking for a light oak type of engineered timber flooring for a new apartment which we will be living in, as I like the look and feel of real wood. I've been quoted around $100-$120/sqm supply and install including underlay.

I've always thought of laminate as cheap looking glossy plastic but the sample I was shown (https://www.iflooring.com.au/collection ... set-cream/) looked and felt almost like real timber, quoted around $75/sqm supply install and underlay.

Now I am not sure which option to choose, as I've been told laminate is more durable. Is there any reason to choose engineered if the laminate alternative looks and feels almost the same?

Also, are the quoted prices reasonable?

More info:
- Sydney
- Split level apartment with ground and upper level
- Approx 70m2 of timber flooring required
- Not anticipating kids any time soon but possibly a cat or small dog in the next few years.
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