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 |
|---|---|---|---|---|---|---|---|---|---|---|
| DORSETT RESIDENCES | 2 | RCR | 2 | 01-05 | 689 | $1,536,000 | $2,230 | $2,558 | Jan 2026 | Resale |
| DORSETT RESIDENCES | 2 | RCR | 1 | 01-05 | 484 | $1,168,000 | $2,411 | $2,766 | Nov 2024 | Resale |
| DORSETT RESIDENCES | 2 | RCR | 2 | 06-10 | 689 | $1,500,000 | $2,177 | $2,497 | May 2024 | Resale |
| DORSETT RESIDENCES | 2 | RCR | 1 | 06-10 | 484 | $1,100,000 | $2,271 | $2,605 | Nov 2023 | Resale |
| DORSETT RESIDENCES | 2 | RCR | 2 | 01-05 | 689 | $1,460,000 | $2,119 | $2,431 | Aug 2023 | Resale |
| DORSETT RESIDENCES | 2 | RCR | 2 | 01-05 | 689 | $1,480,000 | $2,148 | $2,464 | Aug 2023 | Resale |
| DORSETT RESIDENCES | 2 | RCR | 2 | 01-05 | 689 | $1,430,000 | $2,076 | $2,381 | Aug 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.