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 |
|---|---|---|---|---|---|---|---|---|---|---|
| CITYSCAPE @FARRER PARK | 8 | RCR | 2 | 16-20 | 990 | $1,660,000 | $1,676 | $1,676 | Apr 2026 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 2 | 11-15 | 1,163 | $1,968,000 | $1,693 | $1,693 | Apr 2026 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 2 | 26-30 | 1,119 | $1,820,000 | $1,626 | $1,626 | Mar 2026 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 2 | 26-30 | 990 | $1,673,000 | $1,689 | $1,689 | Mar 2026 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 2 | 26-30 | 990 | $1,670,000 | $1,686 | $1,686 | Feb 2026 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 3 | 26-30 | 1,249 | $2,228,000 | $1,784 | $1,784 | Jan 2026 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 3 | 26-30 | 1,345 | $2,300,000 | $1,709 | $1,709 | Jan 2026 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 3 | 26-30 | 1,345 | $2,310,000 | $1,717 | $1,717 | Dec 2025 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 3 | 26-30 | 1,249 | $2,230,000 | $1,786 | $1,786 | Dec 2025 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 3 | 21-25 | 1,249 | $2,300,000 | $1,842 | $1,842 | Oct 2025 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 3 | 21-25 | 1,249 | $2,225,000 | $1,782 | $1,782 | Sep 2025 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 2 | 26-30 | 1,076 | $1,810,000 | $1,682 | $1,682 | Sep 2025 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 2 | 01-05 | 1,259 | $1,680,000 | $1,334 | $1,334 | Aug 2025 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 2 | 16-20 | 1,119 | $1,740,000 | $1,554 | $1,554 | Jul 2025 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 2 | 21-25 | 1,076 | $1,808,000 | $1,680 | $1,680 | Jul 2025 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 2 | 26-30 | 1,119 | $1,860,000 | $1,662 | $1,662 | Jul 2025 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 3 | 26-30 | 1,378 | $2,308,000 | $1,675 | $1,675 | Jul 2025 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 3 | 11-15 | 1,345 | $2,330,888 | $1,732 | $1,732 | Jun 2025 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 2 | 11-15 | 1,163 | $1,900,000 | $1,634 | $1,634 | May 2025 | Resale |
| CITYSCAPE @FARRER PARK | 8 | RCR | 3 | 21-25 | 1,378 | $2,350,000 | $1,706 | $1,706 | Apr 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.