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 |
|---|---|---|---|---|---|---|---|---|---|---|
| CHANTILLY RISE | 23 | OCR | 3 | 01-05 | 1,733 | $2,700,000 | $1,558 | $1,558 | Dec 2025 | Resale |
| CHANTILLY RISE | 23 | OCR | 2 | 06-10 | 947 | $1,320,000 | $1,394 | $1,394 | Dec 2025 | Resale |
| CHANTILLY RISE | 23 | OCR | 3 | 06-10 | 1,442 | $2,290,000 | $1,588 | $1,588 | Dec 2025 | Resale |
| CHANTILLY RISE | 23 | OCR | 3 | 01-05 | 1,442 | $2,050,000 | $1,421 | $1,421 | Sep 2025 | Resale |
| CHANTILLY RISE | 23 | OCR | 3 | 01-05 | 1,539 | $1,913,168 | $1,243 | $1,243 | Jun 2024 | Resale |
| CHANTILLY RISE | 23 | OCR | 3 | 06-10 | 1,270 | $1,900,000 | $1,496 | $1,496 | May 2024 | Resale |
| CHANTILLY RISE | 23 | OCR | 3 | 01-05 | 1,270 | $1,644,000 | $1,294 | $1,294 | May 2024 | Resale |
| CHANTILLY RISE | 23 | OCR | 3 | 06-10 | 1,539 | $1,880,000 | $1,221 | $1,221 | Jan 2024 | Resale |
| CHANTILLY RISE | 23 | OCR | 3 | 06-10 | 1,442 | $1,955,000 | $1,355 | $1,355 | Jan 2024 | Resale |
| CHANTILLY RISE | 23 | OCR | 2 | 06-10 | 947 | $1,300,000 | $1,372 | $1,372 | Dec 2023 | Resale |
| CHANTILLY RISE | 23 | OCR | 3 | 01-05 | 1,206 | $1,520,000 | $1,261 | $1,261 | Sep 2023 | Resale |
| CHANTILLY RISE | 23 | OCR | 3 | 06-10 | 1,206 | $1,560,000 | $1,294 | $1,294 | Jul 2023 | Resale |
| CHANTILLY RISE | 23 | OCR | 3 | 01-05 | 1,733 | $2,520,000 | $1,454 | $1,454 | Jul 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.