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 |
|---|---|---|---|---|---|---|---|---|---|---|
| CLOVER BY THE PARK | 20 | RCR | 3 | 01-05 | 1,582 | $2,980,000 | $1,883 | $2,178 | Apr 2026 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 4 | 16-20 | 1,744 | $3,550,000 | $2,036 | $2,355 | Mar 2026 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 3 | 01-05 | 1,604 | $2,680,000 | $1,671 | $1,933 | Mar 2026 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 3 | 31-35 | 1,292 | $2,750,000 | $2,129 | $2,463 | Dec 2025 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 4 | 11-15 | 1,744 | $3,420,000 | $1,961 | $2,268 | Dec 2025 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 4 | 26-30 | 1,765 | $3,400,000 | $1,926 | $2,228 | Nov 2025 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 3 | 31-35 | 1,292 | $2,750,000 | $2,129 | $2,463 | Sep 2025 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 4 | 21-25 | 1,744 | $3,300,000 | $1,892 | $2,189 | Jul 2025 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 3 | 01-05 | 1,604 | $2,758,000 | $1,720 | $1,990 | Jun 2025 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 3 | 36-40 | 1,216 | $2,550,000 | $2,096 | $2,425 | Jun 2025 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 4 | 26-30 | 1,765 | $3,300,000 | $1,869 | $2,162 | May 2025 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 4 | 26-30 | 1,755 | $3,338,000 | $1,903 | $2,201 | May 2025 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 3 | 01-05 | 1,292 | $2,420,000 | $1,874 | $2,168 | May 2025 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 3 | 06-10 | 1,582 | $3,000,000 | $1,896 | $2,193 | Mar 2025 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 4 | 11-15 | 1,733 | $3,288,000 | $1,897 | $2,194 | Mar 2025 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 4 | 11-15 | 1,755 | $3,100,000 | $1,767 | $2,044 | Feb 2025 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 3 | 01-05 | 1,249 | $2,488,888 | $1,993 | $2,305 | Feb 2025 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 4 | 36-40 | 1,744 | $3,250,000 | $1,864 | $2,156 | Jan 2025 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 4 | 31-35 | 1,755 | $3,220,000 | $1,835 | $2,123 | Dec 2024 | Resale |
| CLOVER BY THE PARK | 20 | RCR | 3 | 01-05 | 1,604 | $2,620,000 | $1,634 | $1,890 | Nov 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.