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 |
|---|---|---|---|---|---|---|---|---|---|---|
| FORETT@BUKIT TIMAH | 21 | RCR | 1* | 06-10 | 570 | $1,338,000 | $2,345 | $2,345 | Apr 2026 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 3* | 06-10 | 980 | $2,600,000 | $2,654 | $2,654 | Mar 2026 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 1* | 01-05 | 570 | $1,340,000 | $2,349 | $2,349 | Mar 2026 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 2* | 01-05 | 721 | $1,700,000 | $2,357 | $2,357 | Feb 2026 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 3* | 01-05 | 980 | $2,320,000 | $2,369 | $2,369 | Dec 2025 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 2* | 01-05 | 732 | $1,600,000 | $2,186 | $2,186 | Dec 2025 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 2* | 01-05 | 689 | $1,588,000 | $2,305 | $2,305 | Dec 2025 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 1* | 06-10 | 570 | $1,355,000 | $2,375 | $2,375 | Dec 2025 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 3* | 06-10 | 1,087 | $2,700,000 | $2,484 | $2,484 | Nov 2025 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 3* | 01-05 | 1,033 | $2,480,000 | $2,400 | $2,400 | Nov 2025 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 2* | 01-05 | 721 | $1,680,000 | $2,330 | $2,330 | Oct 2025 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 1* | 06-10 | 570 | $1,342,500 | $2,353 | $2,353 | Sep 2025 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 1* | 06-10 | 474 | $1,050,000 | $2,217 | $2,217 | Sep 2025 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 2* | 01-05 | 732 | $1,700,000 | $2,323 | $2,323 | Aug 2025 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 1* | 06-10 | 474 | $1,038,888 | $2,194 | $2,194 | Aug 2025 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 1* | 01-05 | 570 | $1,310,000 | $2,296 | $2,296 | Aug 2025 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 2* | 06-10 | 764 | $1,790,000 | $2,342 | $2,342 | Jul 2025 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 2* | 01-05 | 743 | $1,635,000 | $2,201 | $2,201 | Jul 2025 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 2* | 01-05 | 743 | $1,625,000 | $2,188 | $2,188 | May 2025 | Resale |
| FORETT@BUKIT TIMAH | 21 | RCR | 2* | 06-10 | 764 | $1,790,000 | $2,342 | $2,342 | May 2025 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.