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 |
|---|---|---|---|---|---|---|---|---|---|---|
| FLORIDIAN | 21 | RCR | 4 | 01-05 | 1,851 | $4,320,000 | $2,333 | $2,333 | Jan 2026 | Resale |
| FLORIDIAN | 21 | RCR | 2 | 06-10 | 969 | $2,420,000 | $2,498 | $2,498 | Nov 2025 | Resale |
| FLORIDIAN | 21 | RCR | 2 | 06-10 | 872 | $2,143,000 | $2,458 | $2,458 | Oct 2025 | Resale |
| FLORIDIAN | 21 | RCR | 4 | 06-10 | 1,862 | $4,955,000 | $2,661 | $2,661 | Aug 2025 | Resale |
| FLORIDIAN | 21 | RCR | 3 | 01-05 | 1,679 | $4,068,000 | $2,423 | $2,423 | Aug 2025 | Resale |
| FLORIDIAN | 21 | RCR | 3 | 01-05 | 1,658 | $4,250,000 | $2,564 | $2,564 | Jul 2025 | Resale |
| FLORIDIAN | 21 | RCR | 2 | 01-05 | 926 | $2,242,800 | $2,423 | $2,423 | Jul 2025 | Resale |
| FLORIDIAN | 21 | RCR | 2 | 06-10 | 936 | $2,380,000 | $2,541 | $2,541 | Jul 2025 | Resale |
| FLORIDIAN | 21 | RCR | 4* | 06-10 | 1,356 | $3,230,000 | $2,382 | $2,382 | Jun 2025 | Resale |
| FLORIDIAN | 21 | RCR | 3 | 06-10 | 1,292 | $3,200,000 | $2,477 | $2,477 | May 2025 | Resale |
| FLORIDIAN | 21 | RCR | 2 | 06-10 | 958 | $2,300,000 | $2,401 | $2,401 | Apr 2025 | Resale |
| FLORIDIAN | 21 | RCR | 3 | 01-05 | 1,668 | $4,048,000 | $2,426 | $2,426 | Mar 2025 | Resale |
| FLORIDIAN | 21 | RCR | 5* | 06-10 | 1,830 | $4,700,000 | $2,568 | $2,568 | Jan 2025 | Resale |
| FLORIDIAN | 21 | RCR | 2 | 06-10 | 1,701 | $4,080,000 | $2,399 | $2,399 | Jan 2025 | Resale |
| FLORIDIAN | 21 | RCR | 5* | 01-05 | 1,830 | $4,500,000 | $2,459 | $2,459 | Nov 2024 | Resale |
| FLORIDIAN | 21 | RCR | 2 | 01-05 | 904 | $2,100,000 | $2,323 | $2,323 | Aug 2024 | Resale |
| FLORIDIAN | 21 | RCR | 3 | 01-05 | 1,679 | $3,880,000 | $2,311 | $2,311 | Aug 2024 | Resale |
| FLORIDIAN | 21 | RCR | 3 | 01-05 | 1,679 | $3,880,000 | $2,311 | $2,311 | Jul 2024 | Resale |
| FLORIDIAN | 21 | RCR | 3 | 01-05 | 1,658 | $3,828,000 | $2,309 | $2,309 | May 2024 | Resale |
| FLORIDIAN | 21 | RCR | 4 | 01-05 | 1,851 | $4,120,000 | $2,225 | $2,225 | Apr 2024 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.