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 |
|---|---|---|---|---|---|---|---|---|---|---|
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 3 | 01-05 | 1,195 | $1,520,000 | $1,272 | $1,272 | Mar 2026 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 3 | 01-05 | 1,302 | $1,580,000 | $1,213 | $1,213 | Jan 2026 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 1 | 01-05 | 646 | $810,000 | $1,254 | $1,254 | Jan 2026 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 1 | 01-05 | 721 | $890,000 | $1,234 | $1,234 | Jan 2026 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 4 | 01-05 | 1,572 | $2,090,000 | $1,330 | $1,330 | Nov 2025 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 3 | 01-05 | 1,195 | $1,539,900 | $1,289 | $1,289 | Oct 2025 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 3 | 01-05 | 1,195 | $1,552,000 | $1,299 | $1,299 | Oct 2025 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 2 | 01-05 | 936 | $1,250,000 | $1,335 | $1,335 | Sep 2025 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 3 | 06-10 | 1,195 | $1,550,000 | $1,297 | $1,297 | Sep 2025 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 3 | 06-10 | 1,249 | $1,632,000 | $1,307 | $1,307 | Aug 2025 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 3 | 01-05 | 1,399 | $1,735,000 | $1,240 | $1,240 | Aug 2025 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 3 | 06-10 | 1,711 | $1,945,000 | $1,136 | $1,136 | Jul 2025 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 1 | 01-05 | 700 | $830,000 | $1,186 | $1,186 | Jun 2025 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 3 | 06-10 | 1,711 | $1,880,000 | $1,098 | $1,098 | Jun 2025 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 3 | 06-10 | 1,249 | $1,632,000 | $1,307 | $1,307 | May 2025 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 2 | 01-05 | 980 | $1,238,000 | $1,264 | $1,264 | Apr 2025 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 2 | 01-05 | 1,087 | $1,400,000 | $1,288 | $1,288 | Apr 2025 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 2 | 01-05 | 915 | $1,098,000 | $1,200 | $1,200 | Apr 2025 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 2 | 01-05 | 1,023 | $1,215,000 | $1,188 | $1,188 | Mar 2025 | Resale |
| FERRARIA PARK CONDOMINIUM | 17 | OCR | 2 | 01-05 | 1,023 | $1,339,888 | $1,310 | $1,310 | Mar 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.