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 |
|---|---|---|---|---|---|---|---|---|---|---|
| DORMER PARK | 10 | CCR | 3 | 01-05 | 1,668 | $3,510,000 | $2,104 | $2,104 | Mar 2026 | Resale |
| DORMER PARK | 10 | CCR | 2 | 01-05 | 1,238 | $2,650,000 | $2,141 | $2,141 | Feb 2026 | Resale |
| DORMER PARK | 10 | CCR | 4 | 06-10 | 2,465 | $5,350,000 | $2,170 | $2,170 | Nov 2025 | Resale |
| DORMER PARK | 10 | CCR | 2 | 01-05 | 1,249 | $2,710,000 | $2,170 | $2,170 | Nov 2025 | Resale |
| DORMER PARK | 10 | CCR | 2 | 06-10 | 1,249 | $2,650,000 | $2,122 | $2,122 | Aug 2025 | Resale |
| DORMER PARK | 10 | CCR | 2 | 01-05 | 1,238 | $2,700,000 | $2,181 | $2,181 | Jul 2025 | Resale |
| DORMER PARK | 10 | CCR | 3 | 01-05 | 1,668 | $3,570,000 | $2,140 | $2,140 | Jul 2025 | Resale |
| DORMER PARK | 10 | CCR | 4 | 06-10 | 2,465 | $5,125,000 | $2,079 | $2,079 | Jun 2025 | Resale |
| DORMER PARK | 10 | CCR | 2 | 01-05 | 1,238 | $2,550,000 | $2,060 | $2,060 | Jun 2025 | Resale |
| DORMER PARK | 10 | CCR | 4 | 06-10 | 2,347 | $4,450,000 | $1,896 | $1,896 | May 2025 | Resale |
| DORMER PARK | 10 | CCR | 2 | 01-05 | 1,270 | $2,550,000 | $2,008 | $2,008 | Sep 2024 | Resale |
| DORMER PARK | 10 | CCR | 3 | 01-05 | 1,668 | $3,400,000 | $2,038 | $2,038 | Jun 2024 | Resale |
| DORMER PARK | 10 | CCR | 3 | 01-05 | 1,668 | $3,220,000 | $1,930 | $1,930 | Aug 2023 | Resale |
| DORMER PARK | 10 | CCR | 3 | 01-05 | 1,668 | $3,350,000 | $2,008 | $2,008 | Jul 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.