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 |
|---|---|---|---|---|---|---|---|---|---|---|
| GAMBIR RIDGE | 19 | OCR | 1 | 01-05 | 592 | $955,000 | $1,613 | $1,613 | Apr 2026 | Resale |
| GAMBIR RIDGE | 19 | OCR | 2 | 01-05 | 915 | $1,570,000 | $1,716 | $1,716 | Apr 2026 | Resale |
| GAMBIR RIDGE | 19 | OCR | 4 | 01-05 | 1,216 | $2,028,888 | $1,668 | $1,668 | Oct 2025 | Resale |
| GAMBIR RIDGE | 19 | OCR | 2 | 01-05 | 710 | $1,100,000 | $1,548 | $1,548 | Jul 2025 | Resale |
| GAMBIR RIDGE | 19 | OCR | 1 | 01-05 | 592 | $905,000 | $1,529 | $1,529 | Apr 2025 | Resale |
| GAMBIR RIDGE | 19 | OCR | 2 | 01-05 | 883 | $1,260,000 | $1,428 | $1,428 | Apr 2025 | Resale |
| GAMBIR RIDGE | 19 | OCR | 2 | 01-05 | 732 | $1,230,000 | $1,680 | $1,680 | Apr 2025 | Resale |
| GAMBIR RIDGE | 19 | OCR | 1 | 01-05 | 614 | $800,000 | $1,304 | $1,304 | Mar 2025 | Resale |
| GAMBIR RIDGE | 19 | OCR | 2 | 01-05 | 915 | $1,480,000 | $1,618 | $1,618 | Mar 2025 | Resale |
| GAMBIR RIDGE | 19 | OCR | 1 | 01-05 | 570 | $920,000 | $1,613 | $1,613 | Oct 2024 | Resale |
| GAMBIR RIDGE | 19 | OCR | 2 | 01-05 | 1,130 | $1,680,000 | $1,486 | $1,486 | Dec 2023 | Resale |
| GAMBIR RIDGE | 19 | OCR | 3 | 01-05 | 926 | $1,555,000 | $1,680 | $1,680 | Nov 2023 | Resale |
| GAMBIR RIDGE | 19 | OCR | 4 | 01-05 | 1,216 | $1,900,000 | $1,562 | $1,562 | Nov 2023 | Resale |
| GAMBIR RIDGE | 19 | OCR | 1 | 01-05 | 592 | $910,888 | $1,539 | $1,539 | Nov 2023 | Resale |
| GAMBIR RIDGE | 19 | OCR | 4 | 01-05 | 1,442 | $2,280,000 | $1,581 | $1,581 | Oct 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.