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 |
|---|---|---|---|---|---|---|---|---|---|---|
| CHILTERN PARK | 19 | OCR | 2 | 06-10 | 1,249 | $2,028,000 | $1,624 | $2,075 | Mar 2026 | Resale |
| CHILTERN PARK | 19 | OCR | 3 | 06-10 | 1,302 | $2,050,000 | $1,574 | $2,011 | Mar 2026 | Resale |
| CHILTERN PARK | 19 | OCR | 2 | 01-05 | 1,270 | $2,025,000 | $1,594 | $2,036 | Feb 2026 | Resale |
| CHILTERN PARK | 19 | OCR | 2 | 06-10 | 915 | $1,632,000 | $1,784 | $2,279 | Feb 2026 | Resale |
| CHILTERN PARK | 19 | OCR | 2 | 01-05 | 915 | $1,540,000 | $1,683 | $2,150 | Feb 2026 | Resale |
| CHILTERN PARK | 19 | OCR | 3 | 01-05 | 1,550 | $2,100,000 | $1,355 | $1,731 | Jan 2026 | Resale |
| CHILTERN PARK | 19 | OCR | 3 | 06-10 | 1,572 | $2,380,000 | $1,514 | $1,934 | Dec 2025 | Resale |
| CHILTERN PARK | 19 | OCR | 3 | 01-05 | 1,302 | $1,960,000 | $1,505 | $1,923 | Sep 2025 | Resale |
| CHILTERN PARK | 19 | OCR | 2 | 06-10 | 915 | $1,445,000 | $1,579 | $2,017 | Jul 2025 | Resale |
| CHILTERN PARK | 19 | OCR | 3 | 06-10 | 1,572 | $2,300,000 | $1,464 | $1,870 | Jul 2025 | Resale |
| CHILTERN PARK | 19 | OCR | 3 | 01-05 | 1,475 | $2,000,000 | $1,356 | $1,732 | Apr 2025 | Resale |
| CHILTERN PARK | 19 | OCR | 2 | 01-05 | 1,270 | $1,880,000 | $1,480 | $1,891 | Apr 2025 | Resale |
| CHILTERN PARK | 19 | OCR | 2 | 06-10 | 1,249 | $1,805,000 | $1,446 | $1,847 | Mar 2025 | Resale |
| CHILTERN PARK | 19 | OCR | 3 | 01-05 | 1,302 | $1,950,000 | $1,497 | $1,912 | Jan 2025 | Resale |
| CHILTERN PARK | 19 | OCR | 3 | 06-10 | 1,302 | $2,080,000 | $1,597 | $2,040 | Jan 2025 | Resale |
| CHILTERN PARK | 19 | OCR | 2 | 06-10 | 915 | $1,403,888 | $1,534 | $1,960 | Jan 2025 | Resale |
| CHILTERN PARK | 19 | OCR | 2 | 06-10 | 936 | $1,450,000 | $1,548 | $1,978 | Jan 2025 | Resale |
| CHILTERN PARK | 19 | OCR | 2 | 01-05 | 1,249 | $1,875,000 | $1,502 | $1,919 | Jan 2025 | Resale |
| CHILTERN PARK | 19 | OCR | 2 | 06-10 | 915 | $1,425,000 | $1,557 | $1,989 | Dec 2024 | Resale |
| CHILTERN PARK | 19 | OCR | 3 | 01-05 | 1,550 | $2,115,888 | $1,365 | $1,744 | Oct 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.