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 |
|---|---|---|---|---|---|---|---|---|---|---|
| COUNTRY PARK CONDOMINIUM | 16 | OCR | 3 | 01-05 | 1,367 | $2,430,000 | $1,778 | $1,778 | Jan 2026 | Resale |
| COUNTRY PARK CONDOMINIUM | 16 | OCR | 3 | 01-05 | 1,335 | $2,400,000 | $1,798 | $1,798 | Sep 2025 | Resale |
| COUNTRY PARK CONDOMINIUM | 16 | OCR | 3 | 01-05 | 1,356 | $2,400,000 | $1,770 | $1,770 | Jul 2025 | Resale |
| COUNTRY PARK CONDOMINIUM | 16 | OCR | 3 | 01-05 | 1,765 | $3,150,000 | $1,784 | $1,784 | Mar 2025 | Resale |
| COUNTRY PARK CONDOMINIUM | 16 | OCR | 3 | 01-05 | 1,313 | $2,200,000 | $1,675 | $1,675 | Dec 2024 | Resale |
| COUNTRY PARK CONDOMINIUM | 16 | OCR | 3 | 01-05 | 1,711 | $2,700,000 | $1,578 | $1,578 | Nov 2024 | Resale |
| COUNTRY PARK CONDOMINIUM | 16 | OCR | 3 | 01-05 | 1,335 | $2,300,000 | $1,723 | $1,723 | Oct 2024 | Resale |
| COUNTRY PARK CONDOMINIUM | 16 | OCR | 2 | 01-05 | 1,087 | $1,900,000 | $1,748 | $1,748 | Sep 2024 | Resale |
| COUNTRY PARK CONDOMINIUM | 16 | OCR | 3 | 01-05 | 1,313 | $2,220,000 | $1,691 | $1,691 | Aug 2024 | Resale |
| COUNTRY PARK CONDOMINIUM | 16 | OCR | 3 | 01-05 | 1,518 | $2,430,000 | $1,601 | $1,601 | Jun 2024 | Resale |
| COUNTRY PARK CONDOMINIUM | 16 | OCR | 2 | 01-05 | 1,173 | $1,800,000 | $1,534 | $1,534 | Jun 2024 | Resale |
| COUNTRY PARK CONDOMINIUM | 16 | OCR | 3 | 01-05 | 1,356 | $2,438,000 | $1,798 | $1,798 | Feb 2024 | Resale |
| COUNTRY PARK CONDOMINIUM | 16 | OCR | 2 | 01-05 | 1,098 | $1,800,000 | $1,639 | $1,639 | Feb 2024 | Resale |
| COUNTRY PARK CONDOMINIUM | 16 | OCR | 3 | 01-05 | 1,389 | $2,278,888 | $1,641 | $1,641 | Sep 2023 | Resale |
| COUNTRY PARK CONDOMINIUM | 16 | OCR | 2 | 01-05 | 1,087 | $1,675,000 | $1,541 | $1,541 | Sep 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.