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 |
|---|---|---|---|---|---|---|---|---|---|---|
| D'PAVILION | 19 | OCR | 5* | 01-05 | 1,647 | $2,530,000 | $1,536 | $1,536 | Dec 2025 | Resale |
| D'PAVILION | 19 | OCR | 3* | 01-05 | 1,130 | $1,640,000 | $1,451 | $1,451 | Aug 2025 | Resale |
| D'PAVILION | 19 | OCR | 5* | 01-05 | 1,647 | $2,400,000 | $1,457 | $1,457 | May 2024 | Resale |
| D'PAVILION | 19 | OCR | 4* | 01-05 | 1,410 | $1,975,000 | $1,401 | $1,401 | Nov 2023 | Resale |
| D'PAVILION | 19 | OCR | 3* | 01-05 | 947 | $1,428,000 | $1,508 | $1,508 | Oct 2023 | Resale |
| D'PAVILION | 19 | OCR | 3* | 01-05 | 1,249 | $1,800,000 | $1,442 | $1,442 | Aug 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.