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 |
|---|---|---|---|---|---|---|---|---|---|---|
| HAIG 162 | 15 | RCR | 1 | 06-10 | 355 | $710,000 | $1,999 | $1,999 | Apr 2026 | Resale |
| HAIG 162 | 15 | RCR | 1 | 06-10 | 366 | $695,000 | $1,899 | $1,899 | Mar 2026 | Resale |
| HAIG 162 | 15 | RCR | 1 | 06-10 | 366 | $715,000 | $1,954 | $1,954 | Nov 2025 | Resale |
| HAIG 162 | 15 | RCR | 1 | 11-15 | 366 | $718,000 | $1,962 | $1,962 | Apr 2025 | Resale |
| HAIG 162 | 15 | RCR | 2 | 06-10 | 581 | $1,200,000 | $2,065 | $2,065 | Jan 2025 | Resale |
| HAIG 162 | 15 | RCR | 2 | 06-10 | 581 | $1,150,000 | $1,978 | $1,978 | Sep 2024 | Resale |
| HAIG 162 | 15 | RCR | 1 | 06-10 | 366 | $695,000 | $1,899 | $1,899 | Sep 2024 | Resale |
| HAIG 162 | 15 | RCR | 1 | 11-15 | 366 | $688,000 | $1,880 | $1,880 | Aug 2024 | Resale |
| HAIG 162 | 15 | RCR | 1 | 11-15 | 366 | $701,000 | $1,915 | $1,915 | Jun 2024 | Resale |
| HAIG 162 | 15 | RCR | 1 | 11-15 | 355 | $710,000 | $1,999 | $1,999 | Mar 2024 | Resale |
| HAIG 162 | 15 | RCR | 1 | 11-15 | 366 | $675,000 | $1,844 | $1,844 | Sep 2023 | Resale |
| HAIG 162 | 15 | RCR | 1 | 01-05 | 366 | $668,000 | $1,825 | $1,825 | Aug 2023 | Resale |
| HAIG 162 | 15 | RCR | 1 | 06-10 | 344 | $655,000 | $1,902 | $1,902 | Jun 2023 | Resale |
Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.