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 |
|---|---|---|---|---|---|---|---|---|---|---|
| BOULEVARD 88 | 10 | CCR | 2 | 11-15 | 1,313 | $5,292,210 | $4,030 | $4,030 | Apr 2026 | Resale |
| BOULEVARD 88 | 10 | CCR | 2 | 16-20 | 1,313 | $5,425,320 | $4,131 | $4,131 | Mar 2026 | Resale |
| BOULEVARD 88 | 10 | CCR | 4 | 16-20 | 2,799 | $10,500,000 | $3,752 | $3,752 | Mar 2026 | Resale |
| BOULEVARD 88 | 10 | CCR | 3 | 21-25 | 1,776 | $7,425,000 | $4,181 | $4,181 | Feb 2026 | Resale |
| BOULEVARD 88 | 10 | CCR | 3 | 11-15 | 1,776 | $7,061,000 | $3,976 | $3,976 | Feb 2026 | Resale |
| BOULEVARD 88 | 10 | CCR | 2 | 26-30 | 1,313 | $5,385,300 | $4,101 | $4,101 | Sep 2025 | Resale |
| BOULEVARD 88 | 10 | CCR | 4 | 06-10 | 2,799 | $11,079,000 | $3,959 | $3,959 | Aug 2025 | Resale |
| BOULEVARD 88 | 10 | CCR | 2 | 21-25 | 1,313 | $5,307,000 | $4,041 | $4,041 | Aug 2025 | Resale |
| BOULEVARD 88 | 10 | CCR | 3 | 26-30 | 1,776 | $7,800,000 | $4,392 | $4,392 | Aug 2025 | Resale |
| BOULEVARD 88 | 10 | CCR | 2 | 21-25 | 1,313 | $5,254,800 | $4,002 | $4,002 | Aug 2025 | Resale |
| BOULEVARD 88 | 10 | CCR | 4 | 01-05 | 2,777 | $13,000,000 | $4,681 | $4,681 | Jul 2025 | Resale |
| BOULEVARD 88 | 10 | CCR | 2 | 16-20 | 1,313 | $5,124,300 | $3,902 | $3,902 | May 2025 | Resale |
| BOULEVARD 88 | 10 | CCR | 3 | 21-25 | 1,776 | $7,150,000 | $4,026 | $4,026 | Apr 2025 | Resale |
| BOULEVARD 88 | 10 | CCR | 2 | 06-10 | 1,313 | $4,863,300 | $3,703 | $3,703 | Nov 2024 | Resale |
| BOULEVARD 88 | 10 | CCR | 2 | 16-20 | 1,313 | $5,176,500 | $3,942 | $3,942 | Nov 2024 | Resale |
| BOULEVARD 88 | 10 | CCR | 2 | 26-30 | 1,313 | $5,400,000 | $4,112 | $4,112 | Jun 2024 | New Sale |
| BOULEVARD 88 | 10 | CCR | 2 | 16-20 | 1,313 | $5,202,600 | $3,962 | $3,962 | May 2024 | New Sale |
| BOULEVARD 88 | 10 | CCR | 3 | 06-10 | 1,776 | $6,600,000 | $3,716 | $3,716 | Nov 2023 | Sub Sale |
| BOULEVARD 88 | 10 | CCR | 3 | 11-15 | 1,776 | $6,500,000 | $3,660 | $3,660 | Oct 2023 | Sub Sale |
| BOULEVARD 88 | 10 | CCR | 2 | 06-10 | 1,313 | $4,941,600 | $3,763 | $3,763 | Sep 2023 | New Sale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.