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 |
|---|---|---|---|---|---|---|---|---|---|---|
| DRAYCOTT EIGHT | 10 | CCR | 5* | 06-10 | 1,798 | $3,000,000 | $1,669 | $2,043 | Mar 2026 | Resale |
| DRAYCOTT EIGHT | 10 | CCR | 3* | 01-05 | 1,173 | $2,700,000 | $2,301 | $2,816 | Feb 2026 | Resale |
| DRAYCOTT EIGHT | 10 | CCR | 3* | 06-10 | 1,173 | $2,780,000 | $2,369 | $2,900 | Jan 2026 | Resale |
| DRAYCOTT EIGHT | 10 | CCR | 3* | 01-05 | 1,173 | $2,600,000 | $2,216 | $2,712 | Jan 2026 | Resale |
| DRAYCOTT EIGHT | 10 | CCR | 4* | 11-15 | 1,485 | $3,300,000 | $2,222 | $2,720 | Dec 2025 | Resale |
| DRAYCOTT EIGHT | 10 | CCR | 5* | 21-25 | 2,895 | $6,200,000 | $2,141 | $2,621 | Nov 2025 | Resale |
| DRAYCOTT EIGHT | 10 | CCR | 3* | 01-05 | 1,173 | $2,600,000 | $2,216 | $2,712 | Sep 2025 | Resale |
| DRAYCOTT EIGHT | 10 | CCR | 5* | 11-15 | 2,895 | $6,000,000 | $2,072 | $2,536 | Sep 2025 | Resale |
| DRAYCOTT EIGHT | 10 | CCR | 5* | 06-10 | 2,863 | $5,800,000 | $2,026 | $2,480 | Jun 2025 | Resale |
| DRAYCOTT EIGHT | 10 | CCR | 5* | 21-25 | 2,895 | $6,288,000 | $2,172 | $2,659 | May 2025 | Resale |
| DRAYCOTT EIGHT | 10 | CCR | 3* | 01-05 | 1,173 | $2,760,000 | $2,352 | $2,879 | Apr 2025 | Resale |
| DRAYCOTT EIGHT | 10 | CCR | 5* | 11-15 | 2,863 | $6,100,000 | $2,130 | $2,607 | Mar 2025 | Resale |
| DRAYCOTT EIGHT | 10 | CCR | 5* | 21-25 | 2,863 | $6,300,000 | $2,200 | $2,693 | Jan 2025 | Resale |
| DRAYCOTT EIGHT | 10 | CCR | 5* | 01-05 | 1,615 | $3,000,000 | $1,858 | $2,274 | Nov 2024 | Resale |
| DRAYCOTT EIGHT | 10 | CCR | 5* | 06-10 | 2,895 | $6,280,000 | $2,169 | $2,655 | Mar 2024 | Resale |
| DRAYCOTT EIGHT | 10 | CCR | 5* | 16-20 | 1,647 | $2,900,000 | $1,761 | $2,155 | Dec 2023 | Resale |
| DRAYCOTT EIGHT | 10 | CCR | 3* | 01-05 | 1,173 | $2,450,000 | $2,088 | $2,556 | Nov 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.