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Home/District 28 - Seletar, Yio Chu Kang/BELGRAVIA PARK

BELGRAVIA PARK

District 28OCRFreeholdPropertyGuru

Project Details

Address
SELETAR TERRACE
Property Type
Terrace
Total Units
N/A
Est. TOP
N/A
Tenure
Freehold
Price by Bedroom (median, 3yr)
5-Bed*
$4,100,000
2 txns
* Bedroom count estimated from floor area (this project is not catalogued on EdgeProp.sg).
Median PSF (3yr)
$1904
2 transactions
Lease too short to normalize meaningfully (under 40yr remaining).

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).

Investment Signals

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PSF Trend

Transaction prices per square foot

More projects in District 28 - Seletar, Yio Chu Kang ->
Last 3 years
  • BELGRAVIA PARKOCR
    Apr 2026 · D28 · 5-Bed* · 2,154 sqft · fl -
    $4,100,000
    $1,904 psf
    — norm
    Resale
  • BELGRAVIA PARKOCR
    Apr 2024 · D28 · 5-Bed* · 2,284 sqft · fl -
    $3,850,000
    $1,686 psf
    — norm
    Resale
ProjectDistRegionBedFloorAreaPricePSF99yr NormDateType
BELGRAVIA PARK28OCR5*-2,154$4,100,000$1,904—Apr 2026Resale
BELGRAVIA PARK28OCR5*-2,284$3,850,000$1,686—Apr 2024Resale

Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.