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 |
|---|---|---|---|---|---|---|---|---|---|---|
| CLAREMONT | 9 | CCR | 3* | 06-10 | 1,163 | $2,440,000 | $2,099 | $2,099 | Jan 2026 | Resale |
| CLAREMONT | 9 | CCR | 5* | 06-10 | 2,024 | $4,050,000 | $2,001 | $2,001 | Sep 2025 | Resale |
| CLAREMONT | 9 | CCR | 4* | 01-05 | 1,507 | $2,929,029 | $1,944 | $1,944 | Mar 2025 | Resale |
| CLAREMONT | 9 | CCR | 3* | 01-05 | 1,163 | $2,380,000 | $2,047 | $2,047 | Aug 2024 | Resale |
| CLAREMONT | 9 | CCR | 3* | 01-05 | 1,163 | $2,370,000 | $2,039 | $2,039 | Aug 2024 | Resale |
| CLAREMONT | 9 | CCR | 3* | 06-10 | 958 | $2,260,000 | $2,359 | $2,359 | Jul 2024 | Resale |
| CLAREMONT | 9 | CCR | 3* | 01-05 | 958 | $2,028,000 | $2,117 | $2,117 | Apr 2024 | Resale |
| CLAREMONT | 9 | CCR | 4* | 01-05 | 1,453 | $3,000,000 | $2,065 | $2,065 | Jan 2024 | Resale |
| CLAREMONT | 9 | CCR | 3* | 06-10 | 1,119 | $2,450,000 | $2,189 | $2,189 | Dec 2023 | Resale |
| CLAREMONT | 9 | CCR | 4* | 01-05 | 1,367 | $2,430,000 | $1,778 | $1,778 | Oct 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.