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 |
|---|---|---|---|---|---|---|---|---|---|---|
| CITY REGENCY | 12 | RCR | 1 | 06-10 | 484 | $785,000 | $1,621 | $1,621 | Nov 2025 | Resale |
| CITY REGENCY | 12 | RCR | 1 | 01-05 | 484 | $750,000 | $1,548 | $1,548 | Sep 2025 | Resale |
| CITY REGENCY | 12 | RCR | 1 | 11-15 | 484 | $743,000 | $1,534 | $1,534 | Sep 2025 | Resale |
| CITY REGENCY | 12 | RCR | 3 | 01-05 | 872 | $1,325,000 | $1,520 | $1,520 | Aug 2025 | Resale |
| CITY REGENCY | 12 | RCR | 2 | 06-10 | 850 | $1,380,000 | $1,623 | $1,623 | Jun 2025 | Resale |
| CITY REGENCY | 12 | RCR | 1 | 01-05 | 484 | $730,000 | $1,507 | $1,507 | Dec 2024 | Resale |
| CITY REGENCY | 12 | RCR | 2 | 11-15 | 1,410 | $1,760,000 | $1,248 | $1,248 | Oct 2024 | Resale |
| CITY REGENCY | 12 | RCR | 1 | 01-05 | 484 | $720,000 | $1,486 | $1,486 | Nov 2023 | Resale |
| CITY REGENCY | 12 | RCR | 1 | 06-10 | 517 | $757,000 | $1,465 | $1,465 | Jul 2023 | Resale |
| CITY REGENCY | 12 | RCR | 3 | 11-15 | 1,701 | $1,980,000 | $1,164 | $1,164 | Jun 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.