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 |
|---|---|---|---|---|---|---|---|---|---|---|
| ALEXIS | 3 | RCR | 1* | 01-05 | 409 | $795,000 | $1,944 | $1,944 | Mar 2026 | Resale |
| ALEXIS | 3 | RCR | 1* | 01-05 | 538 | $978,000 | $1,817 | $1,817 | Mar 2026 | Resale |
| ALEXIS | 3 | RCR | 1* | 01-05 | 420 | $785,000 | $1,870 | $1,870 | Mar 2026 | Resale |
| ALEXIS | 3 | RCR | 1* | 01-05 | 398 | $780,000 | $1,958 | $1,958 | Mar 2026 | Resale |
| ALEXIS | 3 | RCR | 1* | 01-05 | 398 | $788,000 | $1,979 | $1,979 | Jan 2026 | Resale |
| ALEXIS | 3 | RCR | 1* | 01-05 | 527 | $960,000 | $1,820 | $1,820 | Jan 2026 | Resale |
| ALEXIS | 3 | RCR | 2* | 01-05 | 883 | $1,395,000 | $1,580 | $1,580 | Oct 2025 | Resale |
| ALEXIS | 3 | RCR | 1* | 01-05 | 592 | $930,000 | $1,571 | $1,571 | Oct 2025 | Resale |
| ALEXIS | 3 | RCR | 1* | 01-05 | 366 | $780,000 | $2,131 | $2,131 | Oct 2025 | Resale |
| ALEXIS | 3 | RCR | 1* | 06-10 | 388 | $800,000 | $2,065 | $2,065 | Sep 2025 | Resale |
| ALEXIS | 3 | RCR | 2* | 01-05 | 603 | $1,018,888 | $1,690 | $1,690 | Jun 2025 | Resale |
| ALEXIS | 3 | RCR | 1* | 01-05 | 517 | $970,000 | $1,877 | $1,877 | May 2025 | Resale |
| ALEXIS | 3 | RCR | 1* | 01-05 | 527 | $982,000 | $1,862 | $1,862 | Apr 2025 | Resale |
| ALEXIS | 3 | RCR | 1* | 01-05 | 517 | $982,000 | $1,901 | $1,901 | Mar 2025 | Resale |
| ALEXIS | 3 | RCR | 2* | 06-10 | 850 | $1,248,000 | $1,468 | $1,468 | Mar 2025 | Resale |
| ALEXIS | 3 | RCR | 1* | 01-05 | 398 | $788,000 | $1,979 | $1,979 | Nov 2024 | Resale |
| ALEXIS | 3 | RCR | 2* | 01-05 | 678 | $1,085,000 | $1,600 | $1,600 | Oct 2024 | Resale |
| ALEXIS | 3 | RCR | 2* | 01-05 | 646 | $1,143,000 | $1,770 | $1,770 | Oct 2024 | Resale |
| ALEXIS | 3 | RCR | 2* | 01-05 | 678 | $1,175,000 | $1,733 | $1,733 | Oct 2024 | Resale |
| ALEXIS | 3 | RCR | 1* | 01-05 | 474 | $845,000 | $1,784 | $1,784 | Aug 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.