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 |
|---|---|---|---|---|---|---|---|---|---|---|
| FABER GARDEN CONDOMINIUM | 20 | RCR | 5* | 06-10 | 1,679 | $3,100,000 | $1,846 | $1,846 | Nov 2025 | Resale |
| FABER GARDEN CONDOMINIUM | 20 | RCR | 5* | 01-05 | 2,120 | $3,760,000 | $1,773 | $1,773 | Oct 2025 | Resale |
| FABER GARDEN CONDOMINIUM | 20 | RCR | 5* | 06-10 | 2,153 | $3,880,000 | $1,802 | $1,802 | Sep 2025 | Resale |
| FABER GARDEN CONDOMINIUM | 20 | RCR | 5* | 01-05 | 1,679 | $3,060,000 | $1,822 | $1,822 | Sep 2025 | Resale |
| FABER GARDEN CONDOMINIUM | 20 | RCR | 5* | 01-05 | 1,679 | $2,980,000 | $1,775 | $1,775 | Mar 2025 | Resale |
| FABER GARDEN CONDOMINIUM | 20 | RCR | 5* | 06-10 | 2,120 | $3,800,000 | $1,792 | $1,792 | Jan 2025 | Resale |
| FABER GARDEN CONDOMINIUM | 20 | RCR | 5* | 01-05 | 1,679 | $3,000,000 | $1,787 | $1,787 | Dec 2024 | Resale |
| FABER GARDEN CONDOMINIUM | 20 | RCR | 4* | 11-15 | 1,572 | $2,892,588 | $1,841 | $1,841 | Aug 2024 | Resale |
| FABER GARDEN CONDOMINIUM | 20 | RCR | 4* | 11-15 | 1,572 | $2,850,000 | $1,814 | $1,814 | Jun 2024 | Resale |
| FABER GARDEN CONDOMINIUM | 20 | RCR | 5* | 06-10 | 1,873 | $3,350,000 | $1,789 | $1,789 | Apr 2024 | Resale |
| FABER GARDEN CONDOMINIUM | 20 | RCR | 5* | 01-05 | 1,679 | $2,820,000 | $1,679 | $1,679 | Mar 2024 | Resale |
| FABER GARDEN CONDOMINIUM | 20 | RCR | 5* | 01-05 | 1,711 | $2,820,000 | $1,648 | $1,648 | Jul 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.