About this number
Normalized PSF uses Bala's Table - the Singapore Land Authority differential premium reference for valuing leasehold against freehold. Bala values a fresh 99-year lease at 96% of freehold; the curve drops non-linearly, reaching ~75% at 50 years remaining and ~60% at 30 years.
Below 40 years remaining we stop normalizing because the curve diverges from market reality once CPF withdrawal restrictions and bank LTV cliffs dominate.
A separate 5% adjustment applies to projects whose lease commenced before 2023, reflecting the older strata-area measurement convention (which counted air-con ledges and bay windows).
Source: Singapore Land Authority differential premium reference (Bala's Table).
Transaction prices per square foot
| Project | Dist | Region | Bed | Floor | Area | Price | PSF | 99yr Norm | Date | Type |
|---|---|---|---|---|---|---|---|---|---|---|
| 8 RODYK | 9 | CCR | 3* | 06-10 | 1,227 | $2,950,000 | $2,404 | $2,404 | Feb 2026 | Resale |
| 8 RODYK | 9 | CCR | 3* | 06-10 | 1,227 | $3,000,000 | $2,445 | $2,445 | Jul 2025 | Resale |
| 8 RODYK | 9 | CCR | 4* | 01-05 | 1,432 | $3,450,000 | $2,410 | $2,410 | Jun 2025 | Resale |
| 8 RODYK | 9 | CCR | 3* | 06-10 | 1,227 | $3,000,000 | $2,445 | $2,445 | Apr 2025 | Resale |
| 8 RODYK | 9 | CCR | 3* | 06-10 | 1,206 | $2,780,000 | $2,306 | $2,306 | Dec 2024 | Resale |
| 8 RODYK | 9 | CCR | 4* | 06-10 | 1,518 | $3,500,000 | $2,306 | $2,306 | Aug 2024 | Resale |
| 8 RODYK | 9 | CCR | 2* | 06-10 | 721 | $1,739,000 | $2,411 | $2,411 | May 2024 | Resale |
| 8 RODYK | 9 | CCR | 4* | 06-10 | 1,335 | $3,240,000 | $2,427 | $2,427 | Mar 2024 | Resale |
| 8 RODYK | 9 | CCR | 4* | 06-10 | 1,367 | $3,200,000 | $2,341 | $2,341 | Oct 2023 | Resale |
| 8 RODYK | 9 | CCR | 3* | 01-05 | 1,227 | $3,000,000 | $2,445 | $2,445 | Oct 2023 | Resale |
| 8 RODYK | 9 | CCR | 4* | 01-05 | 1,335 | $3,200,000 | $2,398 | $2,398 | Aug 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.